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Legal Services for Business and Company Registration in Nigeria

Price: US$ 1 / Case
Minimum Order: 1
Payment Terms: Western Union,MoneyGram, TT
Port of Export: Nigeria
Product Details
Model No.: BR 101 Brand Name: Lex Artifex LLP.
Certification: Corporate Affairs Commission of Nigeria
Specification: LEGAL SERVICES FOR BUSINESS AND COMPANY REGISTRATION IN NIGERIA

We offer 2 approaches for you to have your own company – incorporation of a brand-new company or acquisition of an existing company:

Option 1 – Incorporate a new company in 72 hours
Our law office handles company formation and business registration in Nigeria. We will act as your legal representatives in Nigeria and incorporate a new company for you within 72 business hours.

Option 2 – Acquire of an existing Nigeria company
The directorship and shareholding of a Nigeria company are completely transferable. If you prefer the acquisition of an existing Nigerian company whether by way of merger & acquisition, take over, or purchase and assumption, please note that the bid for such company would depend on availability, approval by the Securities and Exchange Commission (SEC) and sanctioning by the Federal High Court, thus it costs more than that of a new company.


STEP #1: PREPARATION FOR BUSINESS REGISTRATION
We need you to send the particulars of your company and all the following documents via email.

1. Authority to Act: A notarized Power of Attorney appointing us to act as your solicitors for the incorporation of the company here in Nigeria.

2. Company Name: 3 proposed names in order of preference for Lex Artifex to find out their availability in Companies Registry (or, in our list of ready-made company).

3. Shareholder(s) and Directors Information:
• Full names of the first directors and shareholders of the company in English;
• Addresses of the directors and shareholders of the company in English;
• Email addresses and mobile numbers of the directors and shareholders of the company;
• Means of identification of the directors and shareholders (this may be driver’s license or national ID, or preferably, the data page of international passport);
• Name and addresses of the nominee principal officers of the company including the chairman, managing director, company secretary (our law office can act as the company secretary);
• The nationality of the directors and shareholders of the company
• Registered office address in Nigeria (you may with our agreement use our address as your Nigerian address in the interim.)
• The nationality of the directors and shareholders of the company
• For companies (place of Incorporation)
• Shareholdings arrangement for multi-shareholders


STEP #2: CHOOSE YOUR PREFERRED COMPANY

NOTE: Provision of Nigerian company secretary and local registered office address are mandatory in Nigerian company incorporation.
• Company Secretary is a statutory position, it is not the same as personal assistance of the company’s key manager.

• Local registered office address is intended for receiving government correspondences. For this purpose, we offer virtual office services to help offshore investors and overseas companies.

• The minimum authorized share capital to register a Nigerian company with foreign shareholder(s) is NGN10 million (US$27,777). For a wholly owned Nigerian private company, it is NGN10,000 (US$27) and NGN500,000 (US$1,388) for public companies. Shares can be issued for non-cash consideration provided that the Articles of Association of the company permits that.

• The minimum paid-in capital requirement (i.e. minimum capital to be deposited for company registration) is zero (NGN0) US$0.

• A private company must have at least 2 directors (non-employee shareholders), but not more than 50 members.
Packaging & Delivery
Packaging: Incorporation documents, common seal and stamp bearing your company name delivered by courier.
Delivery/Lead Time: 5-7 days
Production Capacity: 20 registrations a day.
Product Description
BUSINESS AND COMPANY REGISTRATION LEGAL SERVICES IN NIGERIA

A “Nigerian Company” is widely used as the shorthand of “Nigeria private company limited by shares”. It is the most popular out of the four (4) types of business entities in Nigeria because it is a limited liability business entity for both local and foreign business to setup and manage easily. For naming a limited company, either “Ltd.” or “Limited” is often used as the abbreviation of “Limited Company”.

ADVANTAGES OF NIGERIA LIMITED COMPANY:
• Separate liabilities from owners: Company’s liabilities are limited to capital invested into the company.
• Easy company registration: None of the directors and shareholders are required to be present in Nigeria.
• Investment Incentives: It can take advantage of the investment incentives and tax exemption offered by the government.
• Easy Expansion: It is relatively easy to expand or to scale-up by selling shares or offering a stake in the business to outside investors.
• Easy to Raise Capital: It is easier to raise large sums of money for the business or sell a part of the business.
• Subsidiary company: Corporate directors and Corporate shareholders are allowed.
• Nominee: Use of nominee director and shareholder is not restricted.
• Nationality: No restriction on nationality (or, place of incorporation) of directors and shareholders
• Meeting: No restriction on the location where company meeting is to take place.

WEBSITE - lexartifexllp.com

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Legal Services for Business and Company Registration in Nigeria

SUPPLIER PROFILE
Company: Lex Artifex LLP
City/State Lagos, Lagos Country: Nigeria  
Business Type: Other Trade Services Established: 2004
Member Since: 2018 Contact Person EdoAbasi Udo
SUPPLIER PROFILE
City/State/Country -
Lagos, Lagos
Nigeria  
Business Type -
Other Trade Services
Established -
2004
Member Since -
2018
Contact Person -
EdoAbasi Udo