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Starting the year on a legal note

Starting the year on a legal note

Start the year by going big on your goals and plans. If you have a start up, business or nurturing a dream of owning a startup or running a business of your own, creating values and becoming an employer of labour, this year is the best year for you to kick off. This is the best year to initiate and execute your plans.

All you need to start is by registering the business with the corporate affairs commission (CAC) to give the business or startup a legal face and background. You can either register your startup as a business name or as a company, depending on how big the startup is. Whenever your business or startup is registered, it becomes a legal personality, separate legal entity, separate from you the founder, it can sue and be sued, acquire properties, employ staff and agents and do other things a legal personality is legally entitled to do. 

Kick off your 2022 by registering that startup or business you had in mind since or that startup you have been operating since without incorporation. It is when you are duly incorporated that you can properly expand the business. 

Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.

Tekedia AI in Business Masterclass opens registrations here.

Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.

An investor or big clients won’t take you seriously if the business or startup you are pitching to them is yet to be incorporated with the corporate affairs commission. An investor who knows his onions will definitely not want to invest in an unincorporated startup or business for the risk of losing his or her money.

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