Nigeria Real Estate Investing: A Step-by-Step Guide
Looking to invest in Nigeria’s real estate? This guide covers key insights and actionable information. Perfect for first-timers and experienced owners.
In-depth guides for the Nigerian entrepreneur to start and grow a business that makes you proud
Looking to invest in Nigeria’s real estate? This guide covers key insights and actionable information. Perfect for first-timers and experienced owners.
Looking to get into the rice farming business? Nigeria’s recent import ban gives you an opportunity for local forming. We share how to start.
The Startup Act 2022 is a legal framework for tech startups. It provides for ease of business and a load of incentives for all labelled startups. Here’s what it means for you.
What are NGOs in Nigeria? NGOs or simply put non-profit organizations are set up by business operators or individuals to carry out acts of charity, social clubs, associations, or for religious purposes. In Nigeria, an NGO is a body or association of persons, registered under Section 823 Part F of the Companies and Allied Matters…
How Are Associations Defined in Nigeria In the Companies and Allied Matters Act (C.A.M.A) 2020 an association is a body of persons, registered under Section 823 of Part F of the Act known as Incorporated Trustees (I.T.) and its best suited for: Registering an association is similar to all other forms of entities under the…
Introduction A money-lending business is considered a type of financial institution. It is, however, limited to issuing consumer loans and debts. When you choose to get a money-lending business registered as a company, the share capital should not be less than N20 million. You will also need to fully understand and adhere to all laid…
What is a Company in Nigeria? A company is a recognised legal entity formed by at least two persons to carry out a business activity with the aim of making profit. CAC recognises the following types of companies as provided in the Companies and Allied Matters Act; Limited Liability Company The owners of this type…
Withholding Tax (WHT) is an advance payment on income tax. In practical terms, it’s a small percentage of your income that’s held back (or “withheld”) by the entity paying you, whether that be a business or an individual.
Let’s help you understand your WHT obligations and rates as a resident or non-resident company doing business in Nigeria.
What is Money Laundering? The term “laundering” means cleaning. This translates money laundering literally to “money cleaning.” Money laundering is, however, broadly defined as concealing the origin of illegally earned money by converting it into a legitimate source. The perpetrators get most of these funds from illegal activities; for example, embezzlement, corruption, drug trafficking, kidnapping,…
What are Tax Incentives? By lowering the amount of tax paid to the government, a tax incentive is a policy the government adopts with the goal of motivating people and businesses to invest more money in their operations. Who is Entitled to Tax Incentives in Nigeria? For ease of reference, we will classify companies into…
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