When you register a new business as a Ltd liability company, you are expected to start up with a minimum of two directors and shareholders. These people are called the *Initial subscribers* of the shares of the company. So if there is...

 A social enterprise is profit oriented but beyond profit making, the socialentrepreneur focuses more on community development. In today’s newsletter, we will be looking at the ideal legal structure for a social enterprise. Specificall...

, How are you doing today? In today's newsletter, I am going to share some thoughts with you on Shareholders' Liability.One question that I get asked most of the time by my clients who want to register a limited liability Company is whether they can...

So, after a long legal audit session with a potential client a few days ago I decided that I will not let the year start off like that without clarifying some misconceptions about setting up a company in Nigeria. So, after a long legal audit ses...

Dear , As we say goodbye to the old year and welcome in the new, we wanted to take a moment to thank you for your support and loyalty throughout 2022. Thank you for reading from us, doing business with us, and referring us to your friends.This we do...

Dear , We want to take a moment to wish you the best of the holiday. We are grateful to have the opportunity to serve you and are dedicated to providing the best possible service to you in the new year. We look forward to continuing to work with...

Client: Good day Barrister please can you help me upgrade my business from enterprise to a limited liability company? Me: of course, I can do that but why do you want to upgrade your business? Client: there is this contract I am pursuing th...

As a consultant, I get many people asking me how they can float a group of companies.It is not enough to have different businesses and call yourself an owner of a group of companies. That's not what makes it a "group"1. First of all, to register a gr...

Whether you are a newbie entrepreneur or you are looking to register a new business, the following tips will help you in choosing the right name for your business. 1. Keep it simpleAvoid unnecessary long and confusing names. Choose a name that i...

 Before we answer the question of duration, let’s establish what equity vesting means.  Equity or share vesting means that the rights to the shares of a company will be earned over a period of time and not outrightly.  It means th...