Types of company registration in Nigeria
This write up is to help you understand the different types of companies in Nigeria as it states the basic features of each type of company registrable in Nigeria. ENTERPRISE OR BUSINESS NAME: This type of...
The 618 Bees blog
Good guidance.
Better business decisions.
Practical guides to starting, running and protecting your business in Nigeria. Find the answers you need, wherever you are in your business journey.
Explore the latest
417 articles · Newest first
Differences between Copyright and Trademark
Copyright protection is an automatic right that is accruable to a person or group of persons whose work is original and is in a fixed or tangible state. Under the Nigerian law, works do not need to be...
Differences and similarities between a company limited by guarantee and a Non-Governmental organisation
There are similarities between a company limited by guarantee and a non- governmental organization, but these similarities do not make them the same. This article intends to highlight the similarities and...
How is a company limited by guarantee?
A company limited by guarantee is a company which does not have any shares or shareholders but is owned by guarantors who agree to pay a certain amount of money for company debts and the operation of the...
Types of company registration in Nigeria.
This write up is to help you understand the different types of companies in Nigeria as it states the basic features of each type of company registrable in Nigeria. BUSINESS NAME OR SOLE PROPRIETORSHIP: This...
How to appoint or remove a Company Secretary.
A secretary shall be appointed and removed by the directors. Where it is intended to remove the secretary of a public company, the board of directors shall; Give him/her notice‐ (a) stating that it is...
Are directors paid salaries?
Directors are either paid salaries or remuneration, depending on whether the director is an executive or a non-executive director, to know the difference, refer to the post on directors-...
Rotation of directors
Rotation is a means of retiring directors in a company. According to the Companies and Allied Matters Act (CAMA), all the directors shall retire at the first Annual General Meeting of the company, and at...
What is the age requirement for a director in Nigeria?
hT The minimum age for a director is 18 years, as a minor cannot be a director in Nigeria unless two adults are existing directors in that company. The age limit for a proposed or an already existing...
Voting on resolutions at company meetings
Where a resolution has been put to vote at a general meeting, voting is usually by a show of hands unless poll is demanded by members that are entitled to demand same. What is poll voting? Where voting is by...
Differences between a limited liability company a partnership
LIMITED LIABILITY COMPANY PARTNERSHIP 1. A limited liability company can be formed by one person and have up to 50 members. A partnership must be formed by at least 2 persons and membership cannot exceed 20,...
Who owns your website?
In todays business world, having a website for your business is now regarded as a basic requirement and it is even more necessary when most of your business is done online. A website can serve as a great...
From knowing to doing
Let’s put your next step in motion.
When you need a hand, our team can help you start, run and stay compliant as a business in Nigeria.
Chat on WhatsApp