As you may already be aware, setting up a holding company in Delaware , usually a C-Corp (Delaware HoldCo) may expose shareholders and your Delaware HoldCo to some level of tax liability. Here are just some key compliance points to note in relation to your Delaware HoldCo.
Franchise Tax & Annual Report
Your Delaware HoldCo is typically required to file an Annual Report and pay Franchise Taxes by March 1st of Every Year. The official notification for these filings are usually sent to your Registered Agent in Delaware, typically in December or January.
The transportation opportunity in Lagos State is huge but Investors would need to understand the intricacies of a fairly complex industry, especially in the light of the political and commercial interests of the Lagos State Government in the Transportation sector in Lagos State. We recently did a presentation/market analysis to a private network of investors/bankers interested the mobility tech space in Lagos State, on some of the key regulatory developments that should drive market entry strategy.
In this Market Entry Q&A, we provide a full view of the market entry considerations relevant to local and international Cash-in-Transit and Cash Processing companies including the suppliers of cash management software and equipment. We highlight some of the market entry structures that are possible within the existing legal framework.
The Nigerian Electricity Regulatory Commission (NERC) recently issued the Meter Asset Provider Regulations 2018 (The MAP Regulation). The key regulatory objectives of the MAP Regulation are to encourage the development of independent and competitive metering services in the Nigerian Electricity Supply Industry (NESI) and to attract private investment in the provision of metering services in the NESI (NERC’s Regulatory Objective)
Nigeria’s President has finally given assent to Nigeria’s first Competition/Anti-Trust law (The Federal Competition & Consumer Protection [the Act]) which is intended to be applicable to businesses across the federation. The Act creates a national competition commission (Commission) with the primary responsibility for enforcing the Act and also a Tribunal with the primary responsibility of...
At some point, a Private Equity Fund Manager (Fund Managers) would often find out that, indeed, every aspect of the fund raising and investment cycle is a disciplined process and that the degree of discipline that is brought to bear on each process may be directly proportional to the success of a Fund Manager.
Perhaps, one of the most defining developments in global data privacy enforcement which also speaks to how increasingly important, data privacy compliance issues, will be for private equity investors, is the recent announcement by the ICO, (UK’s data privacy regulator), of its intention impose a fine of up £99 million under the European Union’s General…
Nigeria’s National Agency for Food & Drug Administration & Control (NAFDAC) has issued new regulations prohibiting the use and trade, in skin bleaching agents and certain other chemicals used in formulating beauty products. In many ways, the New Regulation signals the seriousness with which the NAFDAC now wants to pursue the prosecution of persons involved in the trade and personal use of prohibited bleaching agents.