How do I register my company for NIPEX?

How do I register my company for NIPEX?

March 02, 2020

Nigeria Petroleum Exchange (NIPEX) is a platform where servicing companies can bid/tender for contracts from multinational and national oil companies. In order to register your company for NIPEX, below are the steps to be taken;

1.Registration can be done on the Nipex website.

2. Make Payment of N25, 000 to the Federal Government online via Remita.

3.Upload your payment receipt online.

4.Send the form and original copy of the deposit slip/online payment receipt or valid NNPC registration to Nipex. The address to send these documents is on the registration form. Scanned copies are sent to fs@nipex.com.ngor vendorsupport@nipex.com.ngwill be accepted.

5. On receiving these documents and confirming payment of the registration fee, Nipex will send (via the e-mail address provided on the form) login details & guidelines to enable access and completion of the pre-qualification questionnaire.

6.Send scanned copies of the following statutory documents possibly the pdf file to vendorsupport@nipex.com.ng

  • Certificate of Incorporation
  • Form CO2 – Allotment of shares
  • Form CO7- List of Directors
  • Department of Petroleum Resources (DPR) Certificate (not less than N25, 000 and valid)
  • 3 years of current Company Tax Clearance Certificate
  • VAT Certificate
  • PENCOM Certificate (where applicable)
  • Reference letter from your bank
  • Current ITF Registration certificate
  • 7. Nipex verifies the questionnaire for accuracy and notifies you of any amendment where necessary.

8.Where there is no amendment, Nipex will notify you when to audit your firm. The audit is done online.

9.After the audit, there could be a close-out. If there are no issues to close-out, Nipex will write a report and you will be issued login details that will allow your firm to participate in all Nipex contracts that you are qualified to bid for.

618 Bees can help you quickly and easily obtain NIPEX registration. Log on to our website www.618bees.com or email hello@618bees.com, or give us a call on +2349017190079. 618 Bees will complete your registration with the Nigerian National Petroleum Corporation (NNPC).

 

 

 

The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advice, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advice from the particular facts and circumstances at issue from a lawyer. This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached

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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 is a testimonium clause in an agreement?

    This is the part of the agreement where the witness attests to have witnessed the execution of the agreement.
  • If I have NAFDAC Registration number, do I still need SON registration number?

    SON Product Registration scheme is mandatory for all SON’s regulated products as mandated by SON Act 56 of 1971, 20 of 1984, 18 of 1990 as amended.

    This is irrespective of the registration done by NAFDAC
  • Can I use the data collected legally for one purpose for another purpose?

    No, you can’t use the data collected for one purpose for a different purpose.
  • Is my copyright registration in Nigeria protected globally?

    The nature of copyright is territorial, so the copyright work is only protected in the country of registration
  • Is there a penalty for late renewal of registration of products with NAFDAC?

    Yes, there is a late renewal fee, which is dependent on the category of the product.
  • Who can be directors in my company?

    Any two adults can be directors in a company.
  • What is a trademark?

    A trademark can be any word, sign, symbol or graphic that you apply to your company, goods or services to distinguish them from those of your competitors; for example, a brand, product or company name, or logo. The trademark serves as a badge of origin for your business and its brands and products, and can consist of words, logos, slogans, colours and shapes, or a combination of all of these.
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