Tag: Featured
-
Incorporating a company is only the first legal milestone in building a compliant and operational business. The next—and often misunderstood—step is obtaining a Tax Identification Number (TIN). Across jurisdictions, a TIN is the legal key that unlocks tax compliance, banking access, employment registration, invoicing, and regulatory legitimacy. Without it, a company may exist on paper…
-
Globalization, digital commerce, and remote work have fundamentally changed entrepreneurship. Today, foreign entrepreneurs can start and operate businesses across borders without ever relocating physically. However, while technology has reduced barriers, law and regulation remain decisive gatekeepers. One of the most common questions we receive from international founders is: “What are the legal requirements for foreigners…
-
One of the most searched legal questions by entrepreneurs worldwide is deceptively simple: “Should we form an LLC or a Corporation?” This decision remains one of the most consequential legal choices a founder can make. It affects taxation, liability, governance, fundraising, investor confidence, exit strategy, and long-term scalability. Yet many founders still rely on hearsay,…
-
Opening a business bank account for a newly formed company is not just an administrative step—it is a legal, financial, and compliance milestone. Yet, it remains one of the most misunderstood and underestimated stages of company formation, especially for startups and foreign-owned businesses. The heightened anti-money laundering (AML) rules, know-your-customer (KYC) obligations, and beneficial ownership…
-
In today’s digital economy, one of the most misunderstood legal questions in business formation is deceptively simple: “Can we use a virtual office address, or do we need a physical address?” With remote work, digital nomadism, and cross-border entrepreneurship now mainstream, many startups and newly formed companies rely on virtual offices to reduce costs and…
-
One of the most overlooked—but legally critical—requirements when forming and maintaining a company is the appointment of a registered agent. Many founders encounter this term during incorporation and assume it is merely a bureaucratic formality. In reality, registered agent services play a foundational role in corporate compliance, legal accountability, and business continuity. With heightened…
-
E-commerce has revolutionized how businesses operate, offering global reach, scalability, and digital-first revenue streams. In 2026, starting an online store or e-commerce platform is easier than ever, but incorporation remains a critical legal and strategic step. Many e-commerce entrepreneurs underestimate the importance of formal company formation, thinking that platforms like Shopify, Amazon, or Etsy suffice.…
-
One of the most common questions we hear from clients before, during, and even after mediation is simple but critical: “Is mediation legally binding?” As lawyers who regularly advise clients across commercial, employment, family, construction, and cross-border disputes, we can confidently say this: Mediation itself is not automatically legally binding—but mediation outcomes often are. Understanding…
-
Across Nigeria, the UK, the USA, and many other jurisdictions, disputes between landlords and occupiers often arise from one fundamental misunderstanding: Is the occupier a tenant or a lessee? Many people use lease and tenancy interchangeably. In law, however, they are not the same. The distinction determines: How long an occupier can stay How rent…
-
Buying land is one of the most significant financial and legal decisions an individual or organization can make. Across jurisdictions, from Africa to Europe, Asia, and the Americas, land ownership remains a primary source of wealth, security, and generational investment. Yet, from our collective experience as legal practitioners and advisers, land transactions are also among…