Benchmac & Ince

Official Twitter account of Benchmac & Ince. We are a bespoke law practice, established to meet the dynamics of modern day business.

[Benchmac & Ince @BenchmacInce]

Did you know Fintech founders can test
innovative products under the CBN Regulatory Sandbox Framework without full licensing?
The sandbox provides temporary approval to operate and collect user data within a controlled environment. #monday #retweet #startups

[Benchmac & Ince @BenchmacInce]

Did you know Fintech founders can test
innovative products under the CBN Regulatory Sandbox Framework without full licensing?
The sandbox provides temporary approval to operate and collect user data within a controlled environment. #monday #retweet #startups

[Benchmac & Ince @BenchmacInce]

Did You Know Patents filed through ARIPO under the Harare Protocol can cover multiple African countries at once? This helps inventors save costs and get regional protection with just one filing. Need more insight, contact us on: [email protected], [email protected]

[Benchmac & Ince @BenchmacInce]

Did You Know Patents filed through ARIPO under the Harare Protocol can cover multiple African countries at once? This helps inventors save costs and get regional protection with just one filing. Need more insight, contact us on: [email protected], [email protected]

[Benchmac & Ince @BenchmacInce]

Did you know? Startups that control or process personal data are required to register with the Nigerian Data Protection Commission (NDPC) upon incorporation. In addition, they must file annual data protection audit reports in compliance with the Nigeria Data Protection Act

[Benchmac & Ince @BenchmacInce]

DID YOU KNOW? Industrial design rights covers features like its shape, lines, colors, texture, or ornamentation, to prevent others from making, selling, or importing identical or substantially similar products for commercial use.

[Benchmac & Ince @BenchmacInce]

DID YOU KNOW? Industrial design rights covers features like its shape, lines, colors, texture, or ornamentation, to prevent others from making, selling, or importing identical or substantially similar products for commercial use.

[Benchmac & Ince @BenchmacInce]

Did you know? Startups that control or process personal data are required to register with the Nigerian Data Protection Commission (NDPC) upon incorporation. In addition, they must file annual data protection audit reports in compliance with the Nigeria Data Protection Act

[Benchmac & Ince @BenchmacInce]

DO YOU KNOW?

Patents requires Novelty i.e
An invention must be new, inventive, and useful to qualify for a patent. If it’s already disclosed publicly, it loses its novelty and can’t be patented. It’s important File before you disclose.Need more insight;[email protected] #law

[Benchmac & Ince @BenchmacInce]

DID YOU KNOW?

Startups are permitted to raise funds through crowdfunding intermediaries and commodities investment platforms duly licensed by the Securities and Exchange Commission (SEC)? Need more insight, contact [email protected] #law #startup #Legal

[Benchmac & Ince @BenchmacInce]

Did you know that the The Nigeria Start-up Act (2022) offers labelled start-ups access to tax holidays, a ₦10bn seed fund, easier local and foreign investment, talent incentives (stock options, training, visas), and a one-stop regulatory portal to cut bureaucracy?

[Benchmac & Ince @BenchmacInce]

A trademark in Nigeria can last indefinitely as long as it is renewed every 7 years for the first registration and subsequently every 14 years under the Trademarks Act. That is, a brand name, logo, or slogan can enjoy perpetual protection if you keep up with renewals.

[Benchmac & Ince @BenchmacInce]

Startup Power in One Place!
The Startup Support and Engagement Portal is Nigeria’s one-stop hub for startups, streamlining registrations, resources, and access to the benefits of the Nigerian Startup Act 2022.
Elevate your startup journey! #startups #law #monday #law #Nuggets

[Benchmac & Ince @BenchmacInce]

DID YOU KNOW? Registering your trademark in Nigeria gives you exclusive rights to use it.

However, if you don’t use your trademark for five years or more, it may be removed from the register. It’s not just about registration, it’s about active use and protection of your brand.

[Benchmac & Ince @BenchmacInce]

DID YOU KNOW? Registering your trademark in Nigeria gives you exclusive rights to use it.

However, if you don’t use your trademark for five years or more, it may be removed from the register. It’s not just about registration, it’s about active use and protection of your brand.

[Benchmac & Ince @BenchmacInce]

and if found non - compliant, has 30 days of the notification of the default to ensure that steps are taken to rectify the default. Failure to do this will attract the withdrawal of the startup label.

[Benchmac & Ince @BenchmacInce]

A labelled Startup under the Act is obligated to ensure compliance with all Nigerian business laws,  provide information on its assets and turnover, maintain proper book of accounts and notify the authorities of a change in the structure within a specified period,

[Benchmac & Ince @BenchmacInce]

A labelled Startup under the Act is obligated to ensure compliance with all Nigerian business laws,  provide information on its assets and turnover, maintain proper book of accounts and notify the authorities of a change in the structure within a specified period,

[Benchmac & Ince @BenchmacInce]

Did you know copyright protection begins automatically the moment an original work is created and fixed in a tangible form (like writing it down, recording it, or saving it digitally)? Unlike patents or trademarks, you don’t need to register copyright before protection starts

[Benchmac & Ince @BenchmacInce]

Did you know copyright protection begins automatically the moment an original work is created and fixed in a tangible form (like writing it down, recording it, or saving it digitally)? Unlike patents or trademarks, you don’t need to register copyright before protection starts