There’s more to building a business than just having a great idea.
Structure, Compliance & Protection.
These are the foundations of long-term growth.
At KLEINFELD LP, we help you get it right from Day 1. Here’s a Business Formation Checklist our clients use and every founder should follow:
- Seek legal and professional guidance: Start with expert advice. It saves you time, money, and legal headaches.
- Choose the right business structure: PLC, LTD, enterprise, Incorporated Trustee, NGO? Your structure determines your liability, taxes, and access to funding.
- Understand your sector’s regulations: Each industry has its own rules. Stay ahead of them.
- Register with CAC: Your Corporate Affairs Commission registration gives you legal identity.
- Draft your legal documents: Think founders’ agreements, NDAs, and MOUs tailored to your operations.
- Apply for a Tax Identification Number (TIN): This is key to opening accounts, invoicing, and paying tax.
- Open a corporate bank account: Separate business from personal funds. It’s cleaner and safer.
- Get relevant licenses and permits: Whether it’s NAFDAC, NCC, or local permits, don’t skip compliance.
- Register your brand (IP protection): Your name, logo, and identity deserve legal protection.
- Set up HR contracts and policiesEven with one staff, labour law applies. Don’t leave it to chance.
—
At KLEINFELD LP, we don’t just register companies, we help nurture legally sound, future-ready businesses.
From entity formation to HR advisory, we are here to guide you every step of the way.