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

  • Why must I file Annual Returns?

    It is a mandatory statutory requirement under the Companies and Allied Matters Act to file Annual Returns yearly. 
  • What is the first thing I must do to register a business in Nigeria?

    To register a business in Nigeria; you would need to conduct a name search of the business. You can achieve this using your CAC-CRP account.
  • What is an execution clause in a contract?

    This is the section in which the parties sign the contract or agreement.
  • 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.
  • Is it legal to transfer the personal data you obtained legally to another person?

    No, its not legal. This is because the law prohibits anyone from transferring the data of a third party to another person without consent from the third party to do same even if the data was rightfully obtained in the first instance.
  • Can an industrial design be sold?

    An industrial design is a company asset and the right to sell is in the hands of the registered owner.
  • 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.
  • 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. 
  • How long does a trademark registration in Nigeria Last?

    Trademark is valid for seven years from the date of application but you may renew the application for the trademark for an additional period of 14years.
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