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.
74 articles · Newest first
Legal support services help small business owners achieve their goals with expert advice and skilled representation. It is best to have law support on your team before problems arise so your business is...
Do you have plans to start a new business this year or you already started one this January? Whatever your plans are, I am sure you are excited about your business idea. As you put plans in place to begin...
The year 2020 has been tough for businesses the world over and while working procedures and processes may have changed or become adjusted to accommodate these challenges, statutory filings and compliance for...
Entrepreneurs cannot succeed in business completely on their own that is why they need to leverage the talent, expertise, and skills of the experts in this area as opposed to resorting to DIY. Businesses...
On the 7thof August, 2020, the Nigerian President signed into law the new Companies and Allied Matters Act (CAMA). The new law introduces provisions that seeks to establish an efficient means of regulating...
SCUML stands for Special Control Unit Against Money Laundering and it is issued by the EFCC (Economic and Financial Crimes Commission) as proof that a bank account is not being used for money laundering...
According to Colaric, the key to a successful video conference or phone conference meeting is to remember that you are in a meeting and to give full attention to the participants as you would if you were in...
CIT is the abbreviation for company income Tax and it is governed by the Company Income Tax Act (CITA).This is the kind of tax imposed by the government on companies to pay from ther profit at the end of the...
PENCOM certificate is given by the National Pension Commission (PENCOM) which is a body that regulates and supervises pension matters in Nigeria. The body was created to ensure the effectiveness of...
PAYE simply means “pay as you earn”. It is a tax system derived from the Personal Income Tax Act in Nigeria which is a method of tax calculation on the income of persons. This means that all tax payable...
The Finance Bill now the Finance Act 2019 has no doubt affected the VAT and stamp duty charges in Nigeria. By this new law, the Value Added Tax which was originally 5% has been increased to 7.5%. The stamp...
Tax Clearance Certificate (TCC) in Nigeriais a document issued by the FederalInland Revenue Service(FIRS) or States Inland Revenue Service showing that the applicant’s taxes has been filed up to date and...
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