DIY Law, Author at msmehub2

Documents for Opening a Corporate Account in Nigeria

Opening a corporate account in Nigeria? Maneuvering through the paperwork is a vital aspect of laying a robust financial groundwork for your business. In this guide, we unravel the essential documents required for a seamless corporate account application. Covering legal requirements to company credentials, we’ll walk you through the checklist, ensuring you’re thoroughly prepared for […]

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Converting a Business Name to a LTD or PLC?

Leave a Comment / Choosing your Business Structure, Registering your Business in Nigeria, Regulatory Requirements / DIY Law

A lot of people might have wondered if a business name can be converted to an Limited Liability Company (LTD) or Public Limited Company (PLC), possibly for reasons of expansion in the future. The answer is Yes! You can convert a business name to an LTD or a PLC. Converting your business name to a

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Clauses to Look for in a Contract

Leave a Comment / For Startups, Legal / DIY Law

A contract is a legally binding agreement that is enforceable by law. It is important for parties to critically and diligently review the clauses in a contract or seek the services of their lawyer before execution, in other words, before appending a signature. Here are 10 clauses to look out for in a contract before

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A Start-up Guide to Tax

Leave a Comment / Filing and Paying Taxes, Financing, How to File and Pay Taxes, Start-up Basics, Tax / DIY Law

Tax is a compulsory contribution levied by the government. Taxation is important in any economy and its effects remain significant because it helps greatly in the redistribution of income and gives the government funds that it can use to finance public services such as the provision of adequate national security, public infrastructure, power, good road network

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6 Essentials of a Tenancy Agreement

Leave a Comment / Legal, Real Estate / DIY Law

A tenancy agreement is a written document stating the duties and obligations of a landlord and his/her tenant. This document is signed by the tenant and the landlord or his duly appointed agent before and they both become bound by the terms once the agreement is signed. Now let’s discuss the basic features of a

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Legal Structures You Need as a Media Agency

Leave a Comment / For Startups, Legal, Operations, Start-up Basics / DIY Law

Hello Zainab, I currently run a Media Agency with my co-founder. We are looking to scale by representing various Content Creators, and platforms, that is while they create the shows, songs, or content, we would be the ones to handle the business aspect of things We have been doing business on a month-to-month basis, what

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Things to Consider Before You Outsource

Leave a Comment / For Startups, Starting a School Business in Nigeria / DIY Law

If you have never outsourced a service for your company, we might need to profile you or have an interview with you. Superhuman, how do you get everything done yourself? Oh, you don’t? Outsourcing has come to stay. As a business owner, you cannot do everything by yourself, neither can your employees. Okay maybe your

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