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Andersen Tax LP
Transfer Pricing (TP) is fast becoming a stay awake issue for Multinational Enterprises (MNEs) in Nigeria with the recent changes in the TP landscape and the increased TP audits being onducted by the tax authorities.
Banwo & Ighodalo
Nigeria is obliged to pay 2% of its assessable profit as Education Tax.
Banwo & Ighodalo
Section 91 of the Labour Act goes further to exclude certain categories of persons from the above definition and, thereby, from the provisions of the Labour Act.
Banwo & Ighodalo
Nigerian law is derived from four (4) main sources. These are English law, Nigerian legislation, Nigerian case law and customary law; however only the first three sources are relevant to the subject of Commercial law.
Banwo & Ighodalo
It is advisable that all trademarks, patents and or designs to be used by the company be registered in Nigeria at the Trade Marks, Patents and Designs Registry in Abuja, to preserve the owner's proprietary interest therein.
Banwo & Ighodalo
As part of its efforts to make the Nigerian business climate investment-friendly, the Federal Government of Nigeria has introduced various incentives and reliefs aimed at promoting both local and foreign investments.
Banwo & Ighodalo
The first step towards incorporating a company in Nigeria is to conduct a "name availability search" at the Corporate Affairs Commission, in order to confirm that the desired name for the company is available for use, ...
Banwo & Ighodalo
Under Nigerian law, business activities may be undertaken in Nigeria through any of the following types of entities or arrangements:
Andersen Tax LP
The Nigerian Government's relentless drive to boost non-oil revenue is clearly evident with intensified audits, increase in treaty networks, promulgation of new Transfer Pricing Regulations and the launch of tax amnesty schemes.
Spoor & Fisher
Nigeria uses the International Classification of Goods and Services for its trade mark registration system.
Andersen Tax LP
The Federal Inland Revenue Service (FIRS), in a bid to implement some of the key recommendations of the Organisation for Economic Co-operation and Development's (OECD) Base Erosion...
Banwo & Ighodalo
The Central Bank of Nigeria recently released a "Revised Edition" of its Foreign Exchange Manual.
AELEX
The perception about African economies appears to be changing as investors are increasingly taking an interest in participating in Africa's capital markets through the use of Depositary Receipts.
Andersen Tax LP
This is in a bid to diversify the operations of the NSE and increase its access to capital.
Andersen Tax LP
The PN reiterates that the commencement date of the TP Regulations is 12 March 2018.
Andersen Tax LP
The Federal Government has launched the Voluntary Offshore Assets Regularization Scheme.
Famsville Solicitors
The Nigeria President, Muhammadu Buhari on 5 th July 2018 signed the Executive Order 6 of 2018 (EO6) on the preservation of suspicious asset recovered from corrupt officials.
Famsville Solicitors
The Central Bank of Nigeria (CBN) recently published a draft guideline on cybersecurity for Deposit Money Banks (DMB'S) and Payment Service Providers (PSP's).
Famsville Solicitors
The Nigeria Immigration Service (NIS) through the Comptroller-General of NIS, Mr Mohammed Babandede has recently announced plans to increase the validity of passports issued to adults from five (5) to ten (10) years.
Famsville Solicitors
There is a general proposition that the powers of the courts are limited by their territorial boundaries (i.e. territorial jurisdiction).
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Lex Artifex, LLP
A Non-Governmental Organization ("NGO") is a body or association of persons registered as "Incorporated Trustees" under Section 590 of the Companies and Allied Matters Act, Cap C20 Laws of the Federation 2010...
Fred-Young & Evans
A Cooperative Society is a voluntary association of individuals, united by common bond, who have come together to pursue their economic goals for their own benefits.
Lex Artifex, LLP
Landlord is only liable for the structural and external repairs of the rental property, you are responsible for the internal repairs and minor wears and tears repairs.
Deloitte Nigeria
There is evident work in progress to ensure that the ERGP succeeds.
AELEX
The Nigerian Court of Appeal in Esso Petroleum and Production Nigeria Limited & Shell Nigeria Exploration and Production Company Limited v. Federal Inland Revenue Service & Nigerian National Petroleum Corporation ...
Lex Artifex, LLP
If someone has died leaving behind money in the bank, landed properties or personal belongings, and you want to take over these assets, or want to administer, manage, distribute, or sell off the assets;...
Deloitte Nigeria
President Muhammadu Buhari, on Wednesday 20 June 2018, signed the 2018 Appropriation Bill of the Federal Government of Nigeria (FGN) into law.
Johnson Bryant
There are several trademarks squatters in our jurisdiction today and efforts should be made to vacate the squatters.
Adebiyi Tax & Legal
The exercise of the powers in Section 31 FIRS Act marks a new approach towards tax enforcement in Nigeria.
Kusamotu & Kusamotu
Furthermore, there is the need for harmonization of business laws in Africa.
Aluko & Oyebode
The Lagos State House of Assembly recently passed the Lagos State Electric Power Sector Reform Law (the "Law") and same has since been assented to by the Lagos State Governor.
Andersen Tax LP
The Nigerian Government's drive to boost non-oil revenue is clearly evident with intensified tax audits, increase in treaty networks, promulgation of new Transfer Pricing Regulations and the launch of tax amnesty schemes.
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