618 Bees Insolvency Services

618 Bees Insolvency Services

September 24, 2025

 

At 618 Bees, we know that not every business journey ends with growth and expansion. Sometimes, companies face challenges that require restructuring, winding down, or insolvency proceedings. Our Insolvency Services are designed to provide clarity, compliance, and professional guidance through these critical moments.

What We Do

We support businesses, creditors, and investors with expert solutions in:

  1. Voluntary Liquidation:Helping shareholders and directors close their companies legally and efficiently.
  2. Creditors’ Voluntary Liquidation (CVL):Supporting companies unable to meet their obligations, while ensuring compliance with Nigerian insolvency laws.
  3. Compulsory Winding-Up:Assisting with court-ordered liquidation processes.
  4. Receivership and Business Restructuring:Guiding businesses through recovery, debt restructuring, or asset management.
  5. Advisory for Creditors:Protecting creditors’ rights and ensuring fair distribution of company assets.

 

Why Choose 618 Bees?

  • Legal and Regulatory Expertise: Our team understands the intricacies of Nigerian insolvency law and regulatory requirements.
  • Transparent Processes: We provide clear timelines, obligations, and outcomes so clients are never left in the dark.
  • Tailored Guidance: Every situation is unique, whether you are winding up voluntarily or facing financial distress, we craft strategies to fit your business needs.
  • End-to-End Support:From statutory filings with the Corporate Affairs Commission (CAC) to representation in court proceedings, we handle the process seamlessly.

Who We Serve

  • Entrepreneurs and SMEs: seeking orderly closure of businesses.
  • Investors and Shareholders: requiring formal liquidation processes.
  • Corporate Groups: restructuring subsidiaries.
  • Creditors: pursuing recovery in insolvency cases.

Partner with 618 Bees

Closing or restructuring a business is never easy, but it doesn’t have to be chaotic. With 618 Bees, you gain a partner that combines legal precision, regulatory compliance, and professional integrity to guide you every step of the way.

Contact us today: hello@618bees.com | www.618bees.com | +234 901 719 0079

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Frequently Asked

  • When are Annual Returns due for filing?

    A company’s first Annual Returns are due for filing after 18 months of its inception, subsequently it should be filed annually as the name implies. The filing dates could differ for each company depending on their financial year end but must be filed not later than 42 days after its Annual General Meeting.

    The Annual Returns for Business Names is due not later than the 30th of June each year except in the year the business was registered.
  • Must my Company Secretary be a Lawyer?

    Although it’s ideal to have a lawyer as a company secretary, it is not compulsory for small private businesses.
  • What is an execution clause in a contract?

    This is the section in which the parties sign the contract or agreement.
  • What are the benefits of Registering with SON?
    1. Product traceability in the Nigerian market
    2. Detection of counterfeit products
    3. Barriers to the circulation of substandard goods
    4. The official SON Product Registration Logo and number are displayed on registered products.
  • What is classified as personal data?

    Name, photograph, personal health/bio information, account/financial information, phone number, Address, date of birth, place of birth, Email address, etc.
  • Does Trademark registration protect my website domain name?

    Yes, it does.
  • Is there a penalty for late renewal of registration of products with NAFDAC?

    Yes, there is a late renewal fee, which is dependent on the category of the product.
  • Why do i need a Shareholders Agreement?

    You need a Shareholders Agreement to protect your investment in a company.  The shareholders Agreement establishes a fair relationship between all shareholders and sets out how the company is run.
  • Will my trademark registration in Nigeria protect me worldwide?

    No, all intellectual property (IP) rights which includes trademarks are territorial, which means you are protected in the countries in which you register them.
All FAQs
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