Why Registering Your Business Name in Nigeria is Essential: Legal and Financial Benefits

Why Registering Your Business Name in Nigeria is Essential

Establishing a business is an important step in attaining economic independence and growth in Nigeria where entrepreneurship flourishes amidst a rapidly evolving economy. However, amid the excitement of starting a new business venture, many aspiring entrepreneurs often overlook the essential aspect of registering their business name with the Corporate Affairs Commission (CAC). This omission frequently […]

Divorce In The UAE: Understanding Financial Settlements

Divorce In The UAE: Understanding Financial Settlements

Dealing with divorce can be emotionally and financially difficult, especially when it entails understanding the legal system of another country. The United Arab Emirates (UAE) has specific laws and regulations that govern divorce cases and define the rights and obligations of the individuals involved. Financial settlements, which include alimony, property division, and maintenance, are crucial […]

Post-Registration Obligations: Compliance and Reporting Requirements for UK Companies

Post-Registration Obligations: Compliance and Reporting Requirements for UK Companies

Establishing a company in the UK is an exciting venture, but the process doesn’t stop at registration. Following official registration with Companies House, several compliance and reporting obligations must be fulfilled. It is legally required that some information be deposited with the Companies House and HMRC (His Majesty’s Revenue & Customs). Fulfilling these obligations will […]

Employment Contracts in Nigeria: What You Need to Know

Employment Contracts in Nigeria: What You Need to Know

Employment contracts serve as the backbone for employer-employee relationship, so as an individual making a debut in the world of work or a seasoned professional switching jobs, it is rather crucial for you to understand the key elements  of employment contracts in Nigeria to ensure your rights are protected and your responsibilities are clear. As […]

Importance Of Independent AML Audit In A Company

Importance Of Independent AML Audit In A Company

What is an independent AML audit? An independent AML audit is the investigation carried out on your company or organization’s anti-money laundering systems. An independent AML audit is not the same as a financial audit, but more of a test carried out by a neutral body to evaluate whether your company’s AML and anti-terrorist financing […]

How To Verify Marriage Certificate In Nigeria

How To Verify Marriage Certificate In Nigeria

Verifying of a marriage certificate in Nigeria is the process of investigating the authenticity and originality of claims made by spouses of their marital status. When a couple plans to relocate to another country with their spouse for work or permanent residency, in which case they may be required to carry out the verification of […]

AML Compliance; Best Practices For Real Estate Agencies In Dubai

Best Practices For Real Estate Agencies In Dubai

Anti-Money Laundering (AML) compliance is of paramount importance for real estate companies operating in the United Arab Emirates (UAE) to prevent their businesses from being exploited for illicit financial activities. The UAE has put significant emphasis on strengthening AML regulations in recent years. Here are some best practices that real estate companies in the UAE […]

Process For Winding Up A Company In Nigeria

Winding Up A Company In Nigeria

In simple terms, winding up is the process by which a company brings its operations to an end, liquidating its assets, and distributing the proceeds among its creditors and shareholders. The procedure for winding up a company is regulated by the Companies and Allied Matters Act (CAMA) 2020 and Insolvency Regulations 2022. The Corporate Affairs […]

Entitlement For An Employee On Suspension In Nigeria

Employee On Suspension In Nigeria

Suspension is a short-lived cessation of an employee’s employment for either pending investigation for an alleged wrong or as a disciplinary procedure for misconduct by the employee. It is one of so many ways employers use to impose sanctions against an employee as a disciplinary measure. Suspension does not aggregate to the termination or dismissal […]

Money Lending Companies In Nigeria; Governing Laws And Regulations

Money Lending Companies In Nigeria

The Money Lenders Law of various states is the primary law that governs money lending in Nigeria which provides the licensing requirements and regulations for money lenders operating within the state. Money Lending plays an important role in the economic growth and development of Nigeria, especially in rural areas where access to credit is limited. […]

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