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.

  • Must my Company Secretary be a Lawyer?

    Although it’s ideal to have a lawyer as a company secretary, it is not compulsory for small private businesses.

  • Why is mutual assent important in a contract?

    This is one of the key elements of a contract because is shows the meeting of the minds of both parties

  • What are the penalties for not registering my products with the SON?
      1. Seizure of goods by the Inspectorate and Compliance Directorate
      2. Payment of a fine.
      3. Prosecution

     

  • Is it legal to transfer the personal data you obtained legally to another person?

    No, its not legal. This is because the law prohibits anyone from transferring the data of a third party to another person without consent from the third party to do same even if the data was rightfully obtained in the first instance.

  • Will my trademark registration in Nigeria protect me worldwide?

    No, all intellectual property (IP) rights which includes trademarks are territorial, which means you are protected in the countries in which you register them.

  • 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.

  • What is the first thing I must do to register a business in Nigeria?

    To register a business in Nigeria; you would need to conduct a name search of the business. You can achieve this using your CAC-CRP account.

  • 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.

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