COMPANIES AND ALLLIED MATTERS ACT 2020 and Startups
In Part 1 we had discussed the first three steps in registering a foreign company in Nigeria which included incorporation at CAC, obtaining a TIN as well as registering for VAT with FIRS, opening a domiciliary account and obtaining a certificate of capital importation.
A foreign company interested in setting up a new company, subsidiary or a Joint Venture in Nigeria will need to meet certain basic regulatory framework which will legalize its entry into the country.
It is not uncommon to come across cases where there is conflict between an incorporated company’s name and a registered trade mark. There are also cases where a foreign trade mark owner discovers that an incorporated company in Nigeria uses its registered trade mark as its company’s name. This article examines the legal issues involved …