TheFuturedesigns

TheFuturedesigns Specialise on Logo (Both 3D & 2D logo) Design ,Flyer, Business Card Design etc, Digital Marketing, Video Editing, Photography, etc

16/10/2020

Here in Nigeria, we at the Association of Food and Agro Processors join the rest of the world to celebrate the FAO at 75.

Simplifying the CAMA acts:With the Presidential assent on the Companies and Allied Matters Act (CAMA) 2020, below are so...
13/08/2020

Simplifying the CAMA acts:

With the Presidential assent on the Companies and Allied Matters Act (CAMA) 2020, below are some of the key take-aways from the amended Act:

1. A company can now register and have only one shareholder, unlike before when two was the minimum.
2. Company seal is now optional.
3. Attorney General's approval is no longer required to register an Incorporated Trustee.
4. Authorized Share Capital is now called Minimum Share Capital.
5. Legal backing for virtual Annual General Meeting.
6. When incorporating a company, applicant can now sign their statement of compliance. Lawyers not required
7. As Private Companies, appointment of company secretary is now optional.
8. You can't serve as director in more than 5 public companies.
9. There is now legal backing for electronic filings, e-signature, share transfer and e-meetings for private companies.
10. CAMA now makes provision for Limited Liability Partnerships (LLP) & Limited Partnership (LP).
11. Small companies yet to start operations or with turnover less than N10million no longer need to appoint auditors.
12. There are now Rescue Provisions for companies in distress.
13. You can no longer hold simultaneous role of the Chairman and the CEO in a public company.
Credit: www.midpointmail.com

Whether you are a Startup, an experienced employee in the food industry, a foodpreneur/agropreneur, or a knowledge exper...
11/08/2020

Whether you are a Startup, an experienced employee in the food industry, a foodpreneur/agropreneur, or a knowledge expert, the Association of Food and Agro Processors is the place to be.

So what are you waiting for?
Just hit this link to join in NOW!
bit.ly/afapregistration

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