How 618 Bees Supports Foreign Investors in Nigeria: From Business Setup to Full Compliance

How 618 Bees Supports Foreign Investors in Nigeria: From Business Setup to Full Compliance

August 06, 2025

Nigeria remains a top destination for foreign investment in Africa, rich in resources, innovation, and opportunity. But entering the Nigerian market can be complex. That’s where 618 Bees comes in. We offer end-to-end legal, regulatory, and business support tailored to foreign investors, helping you set up smoothly, operate efficiently, and stay fully compliant.

  1. Why Foreign Investors Need Local Support
  • Complex and evolving regulatory environment.
  • Bureaucracy and documentation hurdles.
  • Local content, tax, and compliance challenges.
  • Need for trusted, on-ground guidance
  1. Business Setup Services

618 Bees helps you get started right:

  • Company registration with the Corporate Affairs Commission (CAC).
  • Business Permit and Expatriate Quota
  • Nigerian Investment Promotion Commission (NIPC) registration.
  • Advisory on business structure (subsidiary, branch, or representative office).
  • Trademark registration and IP protection.hr

3.     Capital Importation and Repatriation Support

  • Assistance with Certificate of Capital Importation (CCI).
  • Advisory on FX regulations and Central Bank guidelines.
  • Structuring investments for easy profit repatriation

4.     Tax and Regulatory Compliance

  • Registration with FIRS and State Inland Revenue Services.
  • Ongoing tax filing and compliance.
  • Guidance on Withholding Tax (WHT), Value Added Tax (VAT), and Company Income Tax (CIT)
  • Regulatory filings and updates

5.     Corporate Governance and Secretarial Services

  • Appointment of Company Secretary.
  • Preparation and filing of board resolutions.
  • Organization of Board Meetings and AGMs
  • Maintenance of statutory registers.
  • Shareholder and director management

6.     Local Content and Sector-Specific Licensing

  • Support with Local Content compliance in sectors like oil & gas, ICT, construction.
  • Sector licensing: Oil & gas (NUPRC), financial services (CBN), telecoms (NCC), etc.
  • Regulatory engagement and liaison

7.     Contract Drafting and Legal Advisory

  • Custom commercial contracts (JVAs, MOUs, service agreements).
  • Employment contracts and HR policies.
  • Due diligence and risk advisory.
  • Dispute resolution and legal representation

8.     Operational Support and Outsourcing.

  • Virtual office or registered address services.
  • Retainer services for ongoing legal, secretarial, or compliance needs.
  • Connection with vetted tax, audit, and HR professionals

Whether you’re entering Nigeria for the first time or expanding your footprint, 618 Bees is your reliable partner on the ground. Our team of legal and compliance professionals simplifies the process from entry to execution, ensuring your business thrives in one of Africa’s most promising markets.

Need help navigating business in Nigeria?
Whether you’re a foreign investor, startup founder, or growing enterprise, 618 Bees is here to support you every step of the way—from setup to compliance and beyond.

Call or WhatsApp us: 09017190079 Email: hello@618bees.com Visit: www.618bees.com

Let’s make business simpler together.

 

 

 

The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advice, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advice from the particular facts and circumstances at issue from a lawyer. This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached

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Frequently Asked

  • What additional documents do I require to file my Annual Returns?
  • What’s the difference between a business name and an LLC?

    • A business name is a sole proprietorship, usually owned and managed by one individual only. Legally, the sole proprietor and his business are one. It simply means an individual trading with an alias. The sole proprietor is personally liable for all business related obligations.

    • A limited liability company on the other hand is a separate business entity from the individuals that hold its shares and act as directors. Legally, it’s a separate business entity and a person on its own who can transact business, own property separate from its owners and can sue or be sued. 
  • What is an execution clause in a contract?

    This is the section in which the parties sign the contract or agreement.
  • What are the penalties for not registering my products with the SON?
      1. Seizure of goods by the Inspectorate and Compliance Directorate
      2. Payment of a fine.
      3. Prosecution

     
  • What is personal data?

    This is any information that can be used to identify an identifiable human person such passport photograph.
  • What is eligible for Patent registration?

    Patents are granted for the invention of products or processes. However, for it to be patentable, the invention

    • Must be new,
    • Must have an inventive step that is not obvious to someone with knowledge and experience in the subject,
    • Must be capable of being made or used in some kind of industry and not be, a scientific or mathematical discovery, theory or method, a literary, dramatic, musical or artistic work, a way of performing a mental act, playing a game or doing business, the presentation of information, or some computer programs, an animal or plant variety, a method of medical treatment or diagnosis,
    • And must not be against public policy or morality.
  • What are the product categories available when registering with NAFDAC?

    The product categories include: Food, Cosmetics, Drug, Medical Device, Agro-Chemicals & Pesticide, Veterinary Products, Vaccines & Biologicals, Herbal and Nutraceuticals and Water
  • Who can be directors in my company?

    Any two adults can be directors in a company.
  • What do I need for a trademark search in Nigeria?

    To do a trademark search you will need the name or/and logo (device) of the trademark to be searched and the Class of the trademark that accurately describes it.
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