Scotts Legal

What the Heck do Funders want??? If you are not a serious startup stay away from this post🧐🧐🧐 Mr. Abolore Salami has invested in not less than 10 startups!!! 😁 He will be sharing game-changing strategies on how to secure funding from investors. 📅 16th August 2024 🕒 2 PM Register now https://shorturl.at/HjCb5

Attention 🔈 All Entrepreneurs, Small Business Owners, Startups, and Sole Proprietors! 🚀 Tired of looking for urgent 2k to scale your business?😅 Are you ready to unlock the secrets to immediate funding and transform your business entirely ? Then you need to join our exclusive Masterclass and discover proven strategies to secure the capital you need to propel your venture to new heights. Our guest speaker has done this for over a decade now, and has raised tens of Billions in Naira for several companies. And he’s set to show us how to do the same for FREE! 🚀 You certainly don’t want to miss this game-changing opportunity! Register with the link below👇🏾 immediately! https://lnkd.in/dNH_bd3E #BusinessGrowth #SMEFunding

Attention 🔈 All Entrepreneurs, Small Business Owners, Startups, and Sole Proprietors! 🚀 Tired of looking for urgent 2k to scale your business?😅 Are you ready to unlock the secrets to immediate funding and transform your business entirely ? Then you need to join our exclusive Masterclass and discover proven strategies to secure the capital you need to propel your venture to new heights. Our guest speaker has done this for over a decade now, and has raised tens of Billions in Naira for several companies. And he’s set to show us how to do the same for FREE! 🚀 You certainly don’t want to miss this game-changing opportunity! Register with the link below👇🏾 immediately! https://lnkd.in/dNH_bd3E #BusinessGrowth #SMEFunding

As a small company owner do I have to pay tax? A small company is one with income less than N25million. While you must submit your income tax returns as and when due (i.e., six months after the end of its accounting year), you would not be liable to any CIT (Company Income Tax) and VAT (Value Added Tax). A small company is also not liable to Tertiary Education Trust Fund levy. Notwithstanding, if you as a small company does not submit your income tax returns, you would be liable to a late filing penalty of ₦25,000 in the first month and ₦5,000 for every subsequent month in which the failure continues. There are currently three (3) CIT rates applicable to companies in Nigeria depending on their turnover, viz, 1) 30% for large companies with over ₦100 million turnover, 2) 20% for medium companies with ₦25 million to ₦100 million turnover, 3) and 0% for small companies with less than ₦25 million turnover. Tag or inform a fellow small company owner Follow us for more info👌👌👌 DM for inquiries 👊

Join our free webinar with Motolani Alonge as we drop some gems on: 1) Maximizing your profits while minimizing your impact 2) Navigating the legal landscape of the industry ⚖️ 3) Identifying & tackling common mining risks Don't dig yourself into a hole with outdated info! Register for this rock 🪨 solid webinar through this link https://lnkd.in/dH9c8m-2 #NigerianMining #MiningLaw #miningindustry #minincompanies #nigerianminers #miningengineers

The Law that regulates the grant of probate is dependent on the state. Hence the fee payable for grant of letter of administration varies from state to state. Upon grant of letter of administration to the administrator, 5% to 10% of the total estate of the deceased will be payable to the state government. The payment to the lawyer for his/her legal fee is totally independent of this fee Follow for more legal content #probate #scottslegal #nigerialaw #commercialaw #nigerialawyers #lawschool #

A written Letter of Demand to a debtor company to recover a debt owed shows a level of seriousness about the debt recovery and also serves as a pre-action notice for a debt recovery suit in court. Where the Letter of Demand has been delivered to the company, the debtor company may pay up the debt owed to avoid court actions or negotiate a debt settlement plan that will be beneficial to both the creditor and the debtor. Comment below questions you might have in areas regarding 1) Debt recovery 2) Mining 3) Real estate 4) Litigation #debtrecovery #legalservices #nigerialaw #lawinnigeria #nigerianlawyers #debtors #accountingcompanies #ican #nigeriancomoany #smeafrica #sme

The weekend is over, and we all back to work as usual. The content in this video plays a key role for co-founders or co-partners of a company. Always remember to seek legal guidance from a licensed professional when entering into a business activity. Tag or share this post to founders, co-founders or partners in your list #cofounders #coonwers #copartners #commerciallaw #taxation #accounting #nigeriabusiness #smenigeria #smeafrica #scottslegal #commercialindustry

Running a business in Nigeria is exciting, but it also comes with legal complexities. Here's how a qualified lawyer can help you navigate the legal landscape and achieve success: Protection: A lawyer can review contracts, identify potential risks, and ensure your interests are safeguarded. This can prevent costly disputes down the line. Compliance: Nigerian regulations can be intricate. Legal guidance keeps you compliant with labor laws, tax regulations, and industry-specific requirements. Dispute Resolution: Business disagreements are inevitable. A lawyer can help you resolve disputes efficiently and minimize disruptions to your operations. Strategic Planning: Legal advice can be invaluable for strategic business decisions like mergers, acquisitions, or intellectual property protection. Peace of Mind: Knowing you have a legal expert in your corner allows you to focus on growing your business with confidence. FOLLOW us for more law related content

If you remember, on March 28 we informed you on reasons permissable for a landlord to evict his/her tenants even if they pay rent. Today, we will be focusing on how the eviction of the tenant will be carried out. A landlord cannot forcefully eject a tenant without severe repercussions regardless of how difficult the tenant might be. The tenant rights must be respected. The legal way forward is issue a quit notice\notice to quit. The duration of the notice to quit to be issued to the tenant is dependent on the type of tenancy agreement between the landlord and the tenant; 1) For weekly tenancy, 1 week quit notice 2) Monthly tenancy gets a 1 month quit notice 3) quarterly tenancy will get 3 months notice 4) And for bi annual & yearly tenancy, a 6 months quit notice is to be issued After the expiration of the notice and the tenant hasn't vacated the premises, a 7 days notice to recover the premises is to be served on the tenant by you or your agent. Share this post to or tag a fellow tenant. #nigerialandlord #nigeriantenants #nigerialawschool #nigerianlaw #commerciallaw #scottslegal