Adeyinka Adeoye

Companies in Nigeria are generally subject to annual taxation on their assessable profits for the preceding accounting period.1 The tax structure follows a tiered system: small companies, defined as a company with turnover of ₦25,000,000 or less2 are tax exempt, while medium and large companies are taxed at rates of 20% and 30% respectively.3 While size of a company is a primary factor in determining tax obligations, there are additional considerations that affect the calculation of...

Introduction Cross-border business ventures have become increasingly popular in today's globalized economy as individuals and businesses attempt to gain a competitive edge by collaborating with other businesses in new territories and leveraging on each other's expertise. Given the complexities of cross-border collaborations, it is important to be aware of and fully understand the issues surrounding them, particularly as they relate to Intellectual property ("IP").