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Searching Content from Nigeria indexed under Corporate/Commercial Law ordered by Published Date Descending.
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1
Nigeria Police Trust Fund (Establishment) Act Introduces 0.005% Levy On The Net Profit Of Companies
On 24 June 2019, the Nigerian President signed the Nigeria Police Trust Fund (Establishment) Bill ("Police Trust Fund Act" or "the Act") into law.
Nigeria
19 Sep 2019
2
Companies In Nigeria To Pay Police Trust Fund Levy Of 0.005% Of Net Profits
The Federal Government of Nigeria (FGN), recently made public the Nigeria Police Trust Fund (Establishment) Act, 2019 ...
Nigeria
19 Sep 2019
3
Companies Operating In Nigeria To Pay 0.005% Net Profit Levy Under The Nigeria Police Trust Fund (Establishment) Act 2018
The Act has significant tax implications for companies carrying on business operations in Nigeria.
Nigeria
19 Sep 2019
4
Legal Implication Of Non – Registration Of Technology Transfer Agreements Under The NOTAP Act – Uche Mathew And Olukolade Ehinmosan
The Nigerian Court of Appeal (Lagos Division) recently quashed the decision of the (trial) Federal High Court and held that the non-registration of a technology transfer agreement
Nigeria
16 Sep 2019
5
Companies Operating In Nigeria To Pay A New Police Fund Levy
The Nigerian Police Trust Fund Act (the "Act") was passed by the National Assembly in April 2019, and signed into law by the President on 2 July 2019.
Nigeria
13 Sep 2019
6
Emerging Substance Requirements For Holding Companies
In the first quarter of 2019, Nigeria recorded an increase of about 216% in foreign capital and investments when compared to the previous quarter.1
Nigeria
3 Sep 2019
7
FIRS To Pursue Directors And Management Staff For Outstanding Corporate Tax Liabilities
Federal Inland Revenue Service (FIRS) on Monday, 19 August 2019, issued a public notice mandating companies with lien on their accounts to regularise their tax status
Nigeria
22 Aug 2019
8
FIRS To Go After Directors, Managers And Company Secretaries For Their Company's Tax Liabilities
The FIRS today released a public notice threatening to go after the directors, managers, secretaries and other persons concerned with the management of companies to recover tax liabilities owed
Nigeria
22 Aug 2019
9
Fair Trade, Monopoly And Competitiveness: Appraising The Legal Rights Of Franchisees Against Parallel Import In Nigeria
Countries that adopt this view have either expressly legislated against parallel imports or put in place regulatory regimes that set some limits.
Nigeria
22 Aug 2019
10
OECD Declares Mauritius Partial Tax Exemption Regime As Not Harmful
On 19 July 2019, the Organisation for Economic Cooperation and Development (OECD) released its report on harmful tax practices across various jurisdictions. The report indicates that Mauritius
Nigeria
20 Aug 2019
11
Rewriting The Basis Of Corporate Expenses In Nigeria: FRCN Revokes Rule 4
Putsimply, the company cannot access foreign exchange at the official rate or market for remittances outside of Nigeria under the unregistered contract.
Nigeria
13 Aug 2019
12
The Deferment Of The New Free Float Rules By The Nigerian Stock Exchange: What Nigerian Investors Should Know
Free float is the percentage of a publicly quoted company's shares which is not restricted from public trading and is made available on the stock exchange market.
Nigeria
9 Aug 2019
13
FRCN revokes rule requiring regulatory approval before recognising certain expenses
The Financial Reporting Council of Nigeria ("FRCN") on Monday, 5 August 2019, issued a public notice
Nigeria
8 Aug 2019
14
Cybercrime And Cybersecurity: FinTech's Greatest Challenges
As a starting point, the legal and regulatory facet of cybercrime and cybersecurity will be considered.
Nigeria
8 Aug 2019
15
NITDA Commences Investigation Of Banks, Telcos & Other Data Controllers And Issues Draft Data Protection Implementation Framework
On 11 July 2019, the National Information Technology Development Agency (NITDA) issued a Press Statement disclosing its ongoing investigation of alleged breach of data privacy rights of Nigerians by some identified Data Controllers.
Nigeria
24 Jul 2019
16
Tax Appeal Tribunal Rules That Excess Dividend Is Liable To Tax At 30%.
Section 19 of the Companies Income Tax Act (CITA) imposes tax at 30% on a company where it declares and pays dividends in excess of its total profit.
Nigeria
16 Jul 2019
17
Court Of Appeal: Non Registration With NOTAP Does Not Invalidate A Contract
The Court of Appeal has reversed the decision of the Federal High Court ("FHC") in Stanbic IBTC Holdings Plc ("Stanbic") v Financial Reporting Council of Nigeria (FRCN) & Anor (2015)
Nigeria
5 Jul 2019
18
Nigeria
25 Jun 2019
19
The Leapfrog Model: Venture Capital As A Cure For Africa's Funding Paralysis
Venture Capital is one of the financing options open to privately-held startup companies and small businesses.
Nigeria
24 Jun 2019
20
Competition And Consumer Protection Advisory On Mergers Has Been Issued
The Federal Competition and Consumer Protection Act ("FCCPA") was signed into law on 30 January 2019.
Nigeria
3 Jun 2019
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