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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Have two proposed unique business names Do a name availability search on CAC website services.cac.gov.ng and reserve a name. Note that the reservation expires after 60days so, registration must be completed...
Whether its turning a side hustle to your main gig, or turning that dream into the reality of a full time business, deciding to become an entrepreneur is sometimes not easy to accomplish. There will always...
A partnership deed is a legally enforceable document that guides the operation of the partnership business. It should contain the following details; Name of the firm. Names and addresses of the partners. The...
A partnership is a form of business formed by two or more people. Not more than 20 persons can form a partnership, unless it is a partnership of lawyers or accountants. Follow the simple steps below to...
WHO IS A CHILD? A child, also referred to as a minor, by definition is one who is less than 18 years of age. If your child is less than 18 years of age, he is a minor and can be a shareholder in your...
Choosing a suitable business name that will meet both your personal and professional needs, and also meet the requirements of the Corporate Affairs commission (CAC) could be difficult sometimes. It just...
Companies registered in other countries can also be registered anywhere in the world. The process of registering foreign companies for business participation in other countries can be a little overwhelming...
Starting a business can be one of the most exciting and yet challenging decisions you can make. It is exciting because it’s an opportunity to create and bring your many dreams and aspirations to life. But...
A public company is one who is able to sell its shares to the public and may have its shares quoted on the stock exchange. A minimum of 2 persons is required by the Corporate Affairs Commission (CAC) to...
A private Company, also known as a limited liability company is simple to register; this makes it the most sought after of registered businesses in Nigeria. One of the numerous advantages of registering this...
Sole proprietorships also widely known as one man business are very easy to set up and manage. It can be incredibly easy to set up hence its popularity amongst many business owners. So, apart from the fact...
When a business is incorporated, it simply means the business has completed the process of becoming a corporation, as recognized by law. If that business is incorporated as a limited liability company, it...
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