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.
139 articles · Newest first
If you’re exporting goods from Nigeria or simply want to authenticate your locally produced items, you’ve probably heard about the Certificate of Origin issued by NACCIMA – but do you know how to get one?...
Are you entering into a technology transfer agreement or licensing intellectual property in Nigeria? If so, the National Office for Technology Acquisition and Promotion (NOTAP) should be on your radar. NOTAP...
There is a statutory obligation for every company to file its annual returns every year, following the year of incorporation, and for failure to file within the time frame, a penalty for late filing is...
Cryptocurrency is referred to as any form of currency that exists digitally or virtually and uses cryptography to secure transactions. It is also a digital payment system that does not depend on banks to...
For anyone desirous to set up a business in Nigeria, it is important to know the right legal structure for the business of your choice, hence the objects of the business, the capital and the prospects of the...
A company cannot be simply defined as an organization set up to carry out business objectives, but most importantly a company is made up of the “people” who have agreed to work together to foster the goals...
For every registered company, business name, partnership, incorporated trustee, there are certain mandatory compliance requirements to be filed with the corporate affairs commission, which are either filed...
Section 650 of Company and Allied Matters Act 2020 (CAMA), defines “an alien (foreigner) as a person or association, whether corporate or incorporated, other than a Nigerian citizen or association”. A...
What is a monthly expatriate report? The concept of Monthly Expatriate Report is used in reference to Expatriate Quota, which is granted to companies or organisations to enable them engage the services of...
The major goal/objective for every business owner is maximizing sales/ revenue, and expansion of the business, however in order to sustain the business, another objective is equally pertinent, which is being...
WHAT IS NIGERIAN DATA PROTECTION REGULATION? Nigerian Data Protection Regulation (NDPR) provides legal safeguards for the processing of personal data. LAWS GOVERNING NIGERIAN DATA PROTECTION The Nigeria Data...
Public limited companies are required to have atleast two directors at all times. In the event a director dies, the shareholders must appoint a second director as soon as possible. If the deceased director...
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