The 618 Bees blog
Practical guides to starting, running and protecting your business in Nigeria. Find the answers you need, wherever you are in your business journey.
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In order to legally close a Business Name which is no longer doing business, one will have to file a Notice to the Corporate Affairs Commission for Cessation of business/removal of name from register....
The procedure to obtain Expatriate Quota in Nigeria is as follows: Application on the letter headed paper of the company addressed to the Permanent Secretary Federal Ministry of Interior, Old secretariat...
Pioneer status is also known as a Tax holidayand it is an incentive granted to a company to be exempted from paying tax for a period of time. The initial grant is usually for a period of three years and an...
When registering a company, you are required to put in an address which serves as the registered address of the company. If a company wishes to change its registered address, the company must apply to the...
The Industrial training Fund (ITF) is a parastatal of the Federal Government of Nigeria under the Ministry of Industry, Trade and Investment and it was established in 1971. The essence for the establishment...
Pioneer status is an incentive also referred to as “Tax Holiday” which is given by the government to a company granting the company tax relief for a number of years6. The Industrial Development Income Tax...
The Standard Organization (SON) of Nigeria is the body vested with the responsibility to make sure that products locally manufactured in Nigeria have the required level of satisfaction desired by the...
They are both acronyms that stand for different things. NAFDAC stands National Agency for Food and Drugs Administration and Control while SON stands for Standard Organisation of Nigeria. They are both...
The use of Data and the extent of Data abuse is becoming a sensitive topic in today’s technological world. Everyone wants to feel a sense of security when giving their data to a data processor. A data...
To operate a money lending business in Nigeria one must have a Money Lenders License. However it is not everyone who lends money in Nigeria that is a Moneylender or that requires the Money Lenders License....
To obtain a Sport Betting License in Lagos state, one must channel an application to the Lagos State Lotteries board. The primary function of the Lagos State Lotteries board is regulation of all gaming...
Co-operative societies and Non-governmental organizations are often times mistaken to be one and the same, this is because they bear a lot of similarities. However there are a few striking differences which...
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