Insignes Attorneys

Insignes Attorneys Africa's First Full-Service Virtual Law Firm.

Happy Independence Day from all of us at Insignes attorneys.
01/10/2021

Happy Independence Day from all of us at Insignes attorneys.

A legally binding agreement between two or more parties is treated as a contract When a party files a suit claiming a br...
29/09/2021

A legally binding agreement between two or more parties is treated as a contract
When a party files a suit claiming a breach of contract, the first question the judge must answer is whether a contract existed between the parties.
For a contract to be valid, there must be
1. An offer
2. Acceptance
3. Consideration
4. Intention to create Legal Relations
Swipe through the slides for more info.

Know it series
28/09/2021

Know it series

Before acquiring any property, it is important to inquire and verify the title that comes with the property in order to ...
27/09/2021

Before acquiring any property, it is important to inquire and verify the title that comes with the property in order to avoid unnecessary Litigation.
The importance of Land title cannot be overemphasized.

Before acquiring any property, it is important to inquire and verify the title that comes with the property in order to ...
27/09/2021

Before acquiring any property, it is important to inquire and verify the title that comes with the property in order to avoid unnecessary Litigation.
The importance of Land title cannot be overemphasized.

Know it series
24/09/2021

Know it series

Startup series contd… Do you want to open a restaurant? Swipe through the slides.
23/09/2021

Startup series contd… Do you want to open a restaurant? Swipe through the slides.

Are you thinking of starting up a company or a business? There are important contracts you need to protect the company. ...
22/09/2021

Are you thinking of starting up a company or a business? There are important contracts you need to protect the company. Swipe through the slides☝🏻

As a business owner there are taxes which you are obligated to pay. Small business owners required to register and obtai...
20/09/2021

As a business owner there are taxes which you are obligated to pay. Small business owners required to register and obtain a Tax Identification Number (TIN) from the State Inland Revenue Service for the purpose of paying their relevant taxes. TIN is an identification number used in the administration of tax and making tax returns to the relevant authority.
Swipe through the slides for more information..☝🏻☝🏻

Image: People photo created by wayhomestudio - www.freepik.com

In forming a partnership relationship there are Important some clauses that should be contained in the partnership agree...
17/09/2021

In forming a partnership relationship there are Important some clauses that should be contained in the partnership agreement.
1. Capital contributions; Your partnership agreement should explicitly state what contributions each partner will make to the partnership and the percentage of ownership interest they will each take.
2. Duties as partners; partnership agreement should spell out the partners' duties. This includes specifying each partner's level of authority, business decision-making power and other responsibilities
3. Sharing and assignment of profits and losses; Partnership agreement should state how profit and losses should be shared amongst the partners.Allocation that is proportionate to each partner's ownership percentage is a popular way to allocate and distribute profits and losses
4. Acceptance of liabilities; Depending on the type of partnership you're entering into, each partner may (or may not) be held personally liable for the business obligations of the partnership. Have a clause in your agreement that spells out the liabilities of each partner
5. Dispute Resolution: Your partnership agreement should stipulate how disputes will be handled. For example, instead of allowing the partners to go to court, you could require that arbitration or mediation is used first.
6. Salaries and Distributions: Usually partners are not entitled to salaries unless otherwise agreed , therefore your partnership agreement should state stipulate it if the partners are entitled to salaries.

Introducing our startup series. Are you thinking of starting a logistics business.👆🏻swipe through the slides for mo...
16/09/2021

Introducing our startup series. Are you thinking of starting a logistics business.👆🏻swipe through the slides for more info.

Address

First Floor, Workbay, City Mall, Onikan
Lagos
101231

Opening Hours

Tuesday 08:00 - 18:00
Wednesday 08:00 - 18:00
Thursday 08:00 - 18:00
Friday 08:00 - 18:00
Saturday 08:00 - 18:00
Sunday 08:00 - 17:00

Telephone

+2347025050006

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