DUTIES OF A DIRECTOR

DUTIES OF A DIRECTOR According to the Oxford dictionary, a director is a person in charge of an activity, a project, an organization or a department. A director of a company, together with fellow/ other directors, are most often than not, referred to as a board of directors. A director has the responsibility of putting…

WHAT IS SHARE CAPITAL?

The nominal/authorized share capital of a company refers to the designated or assigned share capital of a company. The allotted share capital of a company denotes the amount of share capital that has been allotted by a company at any time. During formation of a company, the members ought to pay funds in respect to…

Reasons why you should Register your business

Registering a business to complete transactions is not a statutory requirement, its the smartest choice a businessman or woman can make, for a number of reasons. There are however several types of businesses one can register. Sole Proprietorship Partnership Limited Liability Partnership Private Company Limited Public Company Limited Company Limited by guarantee A Sole Proprietorship…