STAMP DUTY ON ELECTRONIC DOCUMENTS

Stamp Duty is a type of tax levied on documents and payable to the Federal or State Government. These documents are known as dutiable instruments and include the conveyance on sale, bills of exchange, promissory notes, agreements, insurance policies, contracts or even regular documents such as letters and certificates of admission, instruments of apprenticeship, etc.

BUILDING PLAN APPROVAL AND PERMIT IN LAGOS STATE

INTRODUCTION Access to shelter remains an important necessity to mankind. The importance of buildings has over time transcended from basic access to shelter to the acquisition of real assets as a form of investment. It is therefore not surprising that there will always be a need for buildings, infrastructures and similar forms of shelter to …

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REQUIREMENTS FOR A LIMITED LIABILITY COMPANY

💡You should be thinking about the following requirements if you’re looking to start up a limited liability company: 🔹A total share capital of not less than N10,000.00; subject to mandatory industry specific share capital requirements🔹Appointment of 2 directors who are adults, not bankrupt and of sound mind🔹Subscription by a minimum of 2 shareholders subscribing to …

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COVID-19 AND REAL ESTATE TRANSACTIONS IN NIGERIA

Fast forward to 2020 and the offensive intrusion of the coronavirus (COVID-19), businesses are shutting down and our commercial landscape is changing rapidly, such that investors are seeking investment alternatives that are either immune to the crisis or have the propensity to thrive after the pandemic, the real estate sector is not exempted from the impact of COVID-19 and this article aims to analyse the legal impact of the pandemic.