1 no limit 1 no limit 1 no limit Number – – – Owners Shareholders Shareholders Shareholders Company, directors and previous Liability Limited Limited directors - Jointly & severally Management 1 or more directors 3 or more directors 1 or more directors Formation documents MOI MOI MOI Company tax Double Company tax Double – – Tax Company tax Double tax – tax tax Dividends Board Dividends Board – – Dividends Board approval Payment to owners – approval approval STATE OWNED NON-PROFIT CO-OPERATIVES COMPANIES COMPANIES SOC Ltd NPC Name “Co-op”
Number 1 – no limit 1 – no limit 1 – no limit Owners Shareholders Shareholders Shareholders Liability Limited Limited Company, directors and previous directors - Jointly & severally Management 1 or more directors 3 or more directors 1 or more directors Formation documents MOI MOI MOI Tax Company tax – Double tax Company tax – Double tax Company tax – Double tax Payment to owners Dividends – Board approval Dividends – Board approval Dividends – Board approval STATE OWNED COMPANIES CO-OPERATIVES NON-PROFIT COMPANIES Name SOC Ltd “Co-op” NPC
2015%20NGGr%2012%20Bus%20Stud%20Core%20Content_Bus%20Ventures%201.docx