#BOARDROOM BASICS (1 OF 5)- UNDERSTANDING DIRECTORSHIP ROLES & BUILDING A STRONG BOARD: TIPS FOR NIGERIAN BUSINESSES & STARTUPS.

Introduction The success of any company is fundamentally anchored in the strength of its leadership, particularly the Board of Directors. In Nigeria, where businesses face unique regulatory, financial, and operational challenges, the role of directors is both critical and complex. This article explores the vital role that directors play in a company’s growth, the importance… Continue reading #BOARDROOM BASICS (1 OF 5)- UNDERSTANDING DIRECTORSHIP ROLES & BUILDING A STRONG BOARD: TIPS FOR NIGERIAN BUSINESSES & STARTUPS.

UNDERSTANDING THE SIGNIFICANT ECONOMIC PRESENCE (SEP) ORDER IN NIGERIA – A QUICK GUIDE FOR FOREIGN COMPANIES.

The Companies Income Tax (Significant Economic Presence) Order, 2020 (SEP Order) was issued by the Minister of Finance, Budget, and Financial Planning to clarify when Non-resident Companies (NRCs) providing digital services in Nigeria become taxable entities. Under this order, NRCs that meet specific conditions are liable to pay Companies Income Tax in Nigeria. Key Takeaways… Continue reading UNDERSTANDING THE SIGNIFICANT ECONOMIC PRESENCE (SEP) ORDER IN NIGERIA – A QUICK GUIDE FOR FOREIGN COMPANIES.

RUNNING A ONE-MAN BUSINESS IN NIGERIA ?

If you are running your business alone here in Nigeria, a business name is not your only option. The Companies and Allied Matters Act 2020 allows one person to form and incorporate a private company. The further good news is that the controversy about the applicability of this innovative provision to older companies has been… Continue reading RUNNING A ONE-MAN BUSINESS IN NIGERIA ?