An annual return is not the declaration of the profit your company made in a year, it is not a financial document, but rather a yearly statement by an active registered business name or company which is meant to keep CAC updated about the company's activities, composition, and its financial position.
This essay provides an extensive analysis of the venture capital landscape in Nigeria, exploring its historical development, major players, challenges, and opportunities
In this 21st Century, it is advisable for the Boards of companies to link executive remuneration to ESG performance metrics ensuring that company leaders prioritize responsible practices and well-designed compensation packages which can incentivize management to achieve ESG goals and embed sustainability considerations throughout the organization
Tech startups must check with their compliance advisors to confirm whether their businesses fall under a regulated industry that has a minimum share capital requirement before incorporation with the Corporate Affairs Commission (CAC) so as to be able to meet up with legal compliance expected of them.
Many MSMEs proprietors are of the belief that once a business name, company, or partnership has been registered as a legal entity, it is sufficient enough to own their intellectual property.
The reasons behind the introduction of the Fiscal Policy measures were numerous, including the imperative to broaden the economy's scope, decrease reliance on income from crude oil, boost revenue generation, and tackle the existing infrastructure deficiencies within the nation.
The licensing of a fund manager or Investment Scheme company is essential as Unit offers can only be listed as Initial Public Offers by licensed Fund managers.
The prohibition of business mergers is a complex issue that involves balancing the interests of companies, consumers, and the government. While mergers can create efficiencies and economies of scale, they can also lead to monopolies and reduced competition.
A merger occurs when two companies agree to consolidate into a new entity. When we say merger, it implies the combination, joining or fusion of two or more formerly independent companies into one organization or company with common ownership and management. Without the coming together of these companies, a merger cannot exist. That is, it is the liquidation of one company that leads to the coming together of these companies, known as merging.
