2 days ago · The Young Business Lawyer Section strives aims to promote our own young lawyers in Nigeria. This article spotlighting Oyeyemi Aderibigbe of Templars, in Lagos, Nigeria, is the first in a series that will be featuring the voices of the new generation…. Professional summary – Oyeyemi Aderibigbe has over a decade’s cognate experience ...
Sep 09, 2020 · For example, the Finance Act of 2020 has amended the tax laws in Nigeria, and businesses are required to comply with the provisions. ... The kind of law firm you should hire for your business depends on the type of service you want. If your business involves complicated financial transactions then your best bet is to hire a large law firm.
May 27, 2016 · The law of hire purchase is of recent origin in English law. The earliest statute relating to it was promulgated in 1938. However, it has been recognised under the English Common Law since the 19 th century. The first judicial recognition of a contract of hire purchase was in the decision of the House of Lords in the case of Helby vs. Mathews[1].
Jan 17, 2019 · Expatriate quota is the number of expatriates the NIS allots to every company seeking to engage expatriates in its business in Nigeria. The number is not fixed and usually granted at the discretion of the NIS based on the assessment of the need of such number of expatriates in the applicant company’s business in Nigeria.
Hiring the wrong lawyer may result in grave consequences for your business including fines, liquidation, and lawsuits.
A finance lawyer who understands your business can assist you to lay a proper foundation and help you avoid problems that may crop up in the future.
An inexperienced finance lawyer is bound to leave you exposed to financial elements that will harm your business.
One of the best ways to protect yourself and your business interests is to hire a good financial lawyer. However, the onus is on you to hire top finance lawyers that have the right experience and skills to help your business thrive.
Most people assume that all lawyers have the same level of knowledge and expertise. But law practice is a vast field and every lawyer has a favorite area of specialization. While most lawyers are into general practice, some focus only on one or a couple of areas.
Don’t hide any records. Being open with your lawyers will enable them to give you the best financial advice for your business. Your finance lawyer can protect your interest if you grant him/her access to all your financial information.
Some business owners have made the mistake of engaging lawyers without determining the cost of those services. Failure to find out the cost of the legal service of a lawyer or law firm will expose you to paying whatever is presented as lawyer’s fees at the end of the day.
Femi Falana, SAN is one of the best lawyers in Nigeria. In fact, he is among the richest lawyers in Nigeria today. Femi Falana is a good human right lawyer/activist. His wife, Mrs. Funmi Falana, is a lawyer and his son, Falz (One of the best Nigerian singers) is also a lawyer. Accordingly to research, Femi Falana has been in the game ...
According to Chambers Global, Gbenga Oyebode is a consummate dealmaker who has received plaudits from clients and peers alike for his corporate expertise. IFLR 1000 says that one of Nigeria’s most prominent lawyers is Gbenga, the founder and Chairman of Aluko & Oyebode.
This should tell you that he is not an anyhow lawyer. Another area Kehinde Ojuawo is very good at is in advising clients on Oil & Gas, Mining and Power, Foreign Investments & Divestments and general Corporate & Commercial law transactions. On this note, if you are searching for a good lawyer in any of the above fields, you need to get the services of Kehinde Ojuawo. Kindly follow the information below:
Like Femi Falana, Wole Olanipekun, SAN is really a good lawyer in his field, but he is expensive too. Nonetheless, if you can afford to get the legal services of Wole Olanipekun, SAN you will not regret it at all. He is indeed, one of the best lawyers in Nigeria.
Funke Adekoya also one of the best lawyers in Nigeria. She is a Senior Advocate of Nigeria (SAN) and an adent Abitrators /Mediator, Funke has been opportuned to handle a considerable number of cases in arbitration and mediation. It is important to know that Funke Adekoya is the founder of AÉLEX (one of the best law firms in Nigeria ). It was originally a group formed to help in resolving dispute outside the court (That is, through Alternative Dispute Resolution methods).
The reason is because, not every dispute requires the court to settle it . Here are some of the things you should carry at the back of your mind when searching for a lawyer in Nigeria.
Getting a good lawyer in Nigeria is impossible if you do not know anything about the legal profession. To engage the services of a good lawyer in Nigeria, there are basic things you must know. For this reason, i thought it wise to write this article so as to help Nigerian citizens locate good lawyers in Nigeria that will be capable of handling their cases competently. In this work, i will explicitly explain how to find a good lawyer. Consequently, i am going to mention some of the best lawyers in Nigeria 2019.
Some of them are: It offers the opportunity to those who are in need of a particular product but do not have all the funds they need.
The law of hire purchase is of recent origin in English law. The earliest statute relating to it was promulgated in 1938. However, it has been recognised under the English Common Law since the 19 th century. The first judicial recognition of a contract of hire purchase was in the decision of the House of Lords in the case of Helby vs. Mathews[1].
Consideration: The consideration in a hire purchase agreement is usually in the form of periodical payment. Capacity: The general rule of capacity in the law of contract also applies to a hire purchase agreement. Thus, an infant cannot be bound in a contract of hire purchase unless it is a contract for necessaries.
From the above, a contract of hire purchase can simply be understood as an agreement whereby the owner of goods transfers possession of the goods to another person called the hirer for an agreed periodical payment at the end of which the hirer has the option to either buy or return the goods.
Under hire purchase, such people can deposit some amount of money and would complete the payment after a series of installments. Another reason is due to the fact that it helps manufacturers to profitably sell their stocks in order to prevent them from piling up.
20 (1) of the Act, a contract of hire purchase is: The bailment of goods in pursuance of an agreement under which the Bailee may buy the goods or under which the property in the goods will or may pass to the Bailee. In order to understand the above definition further, the meaning of “ bailee ” has to be known.
The hirer would only have property rights in the goods after he has exercised his rights of purchase. No rights would accrue to him even though he has paid a substantial part of the amount for the goods. The hirer might be liable to pay an excessive amount due to the minimum payment clause.
The headquarters of the association is at National Secretariat, NBA House, Plot 1101 Mohammadu Buhari Way, CBD Abuja FCT Nigeria.
Those intending to be a notary in Nigeria must have been called to the Nigerian Bar for at least seven years before the day of their appointment as a notary public.
The NBA is the national association that all Nigerians belong to immediately when called to the Nigerian Bar and are qualified to practise ( section 4, NBA Constitution ). It is mandatory for every lawyer called to the Nigerian Bar to be a member of the association. It is compulsory for every lawyer to affix a stamp and seal on documents prepared by them for the documents to be legally valid ( Rule 12, RPC ). The stamp and seal can only be obtained by being a member of the association and by paying the practicing fees.
There are no separate regulatory bodies for each state in Nigeria. These regulatory bodies are the: Body of Benchers (section 3, LPA). This is a body of legal practitioners of the highest distinction in the legal profession. This body is responsible for:
Lawyers qualified in another jurisdiction cannot provide temporary legal services in person. To provide legal services in Nigeria, a lawyer must be qualified to practise in Nigeria as a barrister and solicitor of the Supreme Court ( section 2 (1), LPA ).
Rule 5 (1) of the RPC prohibits a direct partnership, as a lawyer cannot form a partnership with a non-lawyer or with a lawyer who is not admitted to practise law in Nigeria. Foreign lawyers cannot represent clients in court.
There is one general category of lawyer in Nigeria. All lawyers are admitted to the bar as barri sters and solicit ors of the Supreme Court without any distinction as to their roles or functions. However, section 5 of the Legal Practitioners Act ( Cap L11 Laws of the Federation of Nigeria 2004 (LPA)) provides for the conferment of the rank of "Senior Advocate of Nigeria" as a privilege to members of the legal profession who have practised as legal practitioners for over ten years and satisfy the requirements determined by the Legal Practitioners' Privileges Committee.
The Nigerian Immigration Act Cap 17, Laws of Federation of Nigeria, 2004 and the Immigration Regulations made thereunder contains provisions for the employment of expatriates in Nigeria. Section 8 of the Immigration Act provides that any foreigner seeking employment or work permit in Nigeria must obtain the consent of the Comptroller General of Immigration. This consent is issued in form of an Expatriate Quota (EQ).
Therefore, expatriates who have a permanent residence permit in Nigeria are liable to tax in Nigeria even if they spend less than 183 days in here. In conclusion, the Minister of Interiors and the Nigerian Immigration Service generally have the responsibility of administering and enforcing the provisions of the Immigration Act, ...
However, it is common for foreign own companies to employ the services of international experts commonly referred to as expatriates to offer the required services at the commencement of operation of the company. Employment of expatriates usually takes place where a foreigner, usually a migrant worker in his profession takes position outside his ...
An EQ states the permitted number of foreigners to be employed by business organizations operating or wishing to operate in Nigeria. The EQ scheme is designed to prevent the unguided recruitment of expatriates where there are qualified Nigerians to fill those positions. Thus, the EQ is issued to the company, not the expatriate.
Most recently, Nigeria has been a target of large-scale investments owing majorly to her large population ( estimated at over 180 million). Nigeria is currently experiencing the influx of foreign companies and workers, due to her friendly investment climate, making Nigeria a destination of choice for foreign entities and foreign workers.
It is also important to briefly discuss in this write up the taxation of the expatriates that have been legitimately and legally engaged in Nigeria. Nigerian Personal Income Tax Act (PITA) regulates taxation in Nigeria, although there are no specific provisions in the PITA dedicated to the taxation of expatriates.
International lawyer, licensed in two countries and ready to help you with your international transactions by providing uncomplicated legal solutions. I have a solid international legal experience, having worked in Brazil, USA and Chile, by providing legal advice to companies incorporated under the laws of Australia, Portugal, USA, China and Brazil. Not only I'm capable of providing tailored legal advice regarding Brazilian and New York Law (USA), I'm also qualified to advise you on matters regarding public or private international law, such as: * Contracts for the International Sale of Goods under the CISG; * Corporate contracts; *...
My Law Firm (on UpWork since 2014) has a longstanding and successful history in advising Clients on International Tax, Business Contracts and Corporate Law. We work regularly in English, French, Italian and Spanish and we are qualified to practice in Italy, France, Spain, UK and the US. INTERNATIONAL TAX We assist Business and Private Clients from all countries to: a) tackle and manage efficiently Operations of International Tax Optimisation and International Business Structuring b) manage and eliminate International Double Taxation through the application of Double Tax Agreements (DTAs) between countries c) manage and comply...
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1. General Business Lawyer. As the name suggests, a general business lawyer can provide legal advice on a wide range of matters. This type of lawyer has a hand in every legal discipline. If your business doesn’t deal with special circumstances, a general business lawyer may be well suited to your purposes.
Employment and Labor Lawyer. Using an employment and labor lawyer only makes sense when your business has employees. If it does, your business should comply with state and federal laws. An attorney in this area of the law can help you draft employee manuals and ensure safety standards are in place.
However, if your business is subject to a lawsuit, you’ll be relieved that you hired a lawyer. When evaluating lawyers, you should ask a lot ...
People sometimes wonder what types of lawyers are available to them. Lawyers often specialize in either business law or personal law. For this reason, you should search for lawyers who have business law experience.
When searching for a tax attorney, choose ones that have experience in dealing with tax law. They should be licensed to be a lawyer and have gone through tax law training, preferably a master’s degree. If you belong to an association for your business, consider asking around for a referral.
If you feel you need to terminate an employee, you can discuss the issue with your lawyer. They can determine the best way to handle the situation. If there’s still a legal issue, the lawyer can step in and represent your company.
When evaluating lawyers, you should ask a lot of questions and determine how they’ve helped other businesses similar to yours.