Small Business. Big Heart. #618beesis1

Small Business. Big Heart. #618beesis1

June 28, 2019

This dream, this passion has totally changed my life. I have been doing what I love for 12 months, 52 weeks, 365 days, 8,766 hours, 525, 949 minutes and 3, 536, 000 seconds, and I can say for certain, it’s one of the toughest things I have done in my life.

I do not regret the challenges, the anxiety, the near depression state sometimes, the frustrations, the ever increasing bills, the failures, the disappointments, the sleepless nights, and all the hard work put in by my partners, staff and myself, I am just thankful for the strength to do this and the opportunity to chase my dream of building a world class organisation offering world class services.

Everyday is still a battlefield in this journey as I am my greatest critic, but I am determined to succeed and for our next year, I am very optimistic and willing to take on more risks. I am no longer afraid or ashamed of failure because I know obstacles are stepping stones to greatness.

I am so looking forward to our next 365 days, and I implore you to do the same, we are taking over this legal tech space. We plan to do a lot of improvements on our website, add on more products, get a lot of automation done and generally give the best customer service experience you can find anywhere in the world as regards business registrations and other document filing services.

Exceptional customer service is and will remain our focus, as I am more convinced more than ever before that the only advantage a small businesses has over bigger brands in the same space is exceptional service.

Many thanks to all our friends, partners, and everyone who has in one way or the other supported this small business, you make us bee-lieve our dreams are valid.

Cheers to many more bee-utiful years ahead!

Best regards,

Efe Ugboro

CEO, 618 Bees

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Frequently Asked

  • When are Annual Returns due for filing?

    A company’s first Annual Returns are due for filing after 18 months of its inception, subsequently it should be filed annually as the name implies. The filing dates could differ for each company depending on their financial year end but must be filed not later than 42 days after its Annual General Meeting.

    The Annual Returns for Business Names is due not later than the 30th of June each year except in the year the business was registered.

  • What’s the difference between a business name and an LLC?
    • A business name is a sole proprietorship, usually owned and managed by one individual only. Legally, the sole proprietor and his business are one. It simply means an individual trading with an alias. The sole proprietor is personally liable for all business related obligations.

    • A limited liability company on the other hand is a separate business entity from the individuals that hold its shares and act as directors. Legally, it’s a separate business entity and a person on its own who can transact business, own property separate from its owners and can sue or be sued. 

  • What are the product categories available when registering with NAFDAC?

    The product categories include: Food, Cosmetics, Drug, Medical Device, Agro-Chemicals & Pesticide, Veterinary Products, Vaccines & Biologicals, Herbal and Nutraceuticals and Water

  • What is classified as personal data?

    Name, photograph, personal health/bio information, account/financial information, phone number, Address, date of birth, place of birth, Email address, etc.

  • How long does a trademark registration in Nigeria Last?

    Trademark is valid for seven years from the date of application but you may renew the application for the trademark for an additional period of 14years.

  • What will happen if I buy the wrong category of forms with NAFDAC?

    Nothing, the purchased form will be in your account for future use.

     

  • What’s the difference between a business name and an LLC?
    • A business name is a sole proprietorship, usually owned and managed by one individual only. Legally, the sole proprietor and his business are one. It simply means an individual trading with an alias. The sole proprietor is personally liable for all business related obligations.

    • A limited liability company on the other hand is a separate business entity from the individuals that hold its shares and act as directors. Legally, it’s a separate business entity and a person on its own who can transact business, own property separate from its owners and can sue or be sued. 

  • What do I need for a trademark search in Nigeria?

    To do a trademark search you will need the name or/and logo (device) of the trademark to be searched and the Class of the trademark that accurately describes it.

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