A robust corporate structure is the foundation upon which successful businesses are built. In Nigeria, the Companies and Allied Matters Act (CAMA) 2020 provides the framework for companies to incorporate, operate, and govern themselves.
Understanding the intricacies of corporate structure is crucial for entrepreneurs, investors, and stakeholders to ensure compliance, mitigate risks, and achieve their business objectives.
A well-structured corporate framework offers numerous benefits, including protection for shareholders and directors from personal liability, enhanced reputation and trust with stakeholders, including investors, customers, and suppliers, reducing the risk of penalties and reputational damage.