Introducing The 618 Bees Micro Company Secretarial Plan

Introducing The 618 Bees Micro Company Secretarial Plan

January 27, 2021

Here’s introducing the 618 Bees Micro Company Secretarial plan for businesses not big enough to need full blown legal services or dormant businesses yet to operate fully but wish to remain compliant.

Our Micro Company Secretarial plan has the following features:

  1. Annual Returns filing
  2. Documents Safe Keeping for a year.
  3. Advising on updated legislation in relation to Business Law and Tax Law, and other relevant laws. Whenever there is a new relevant law or enactment of any existing law, 618 Bees shall provide legal update notice to Client with details of the updated content;
  4. Preparation of resolutions in respect of Director’s Meetings, notices, consent, and proxies for Client.
  5. Safe Keeping of Company Seal.
  6. Preparation of resolutions in respect of Director’s Meetings, notices, consent, and proxies for Client.
  7. Preparation of standard Director’s resolutions and related documents pertaining to change of directors, secretaries and registered office.
  8. Legal advice in one (1) matter arising during business operation of Client.

Fee: N99, 650

To get signed up quickly, log on to our website www.618bees.com  or email hello@618bees.com, or give us a call on +2349017190079.

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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 an execution clause in a contract?

    This is the section in which the parties sign the contract or 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
  • What is data protection?

    Data protection is a legal process of protecting sensitive data.
  • What is the importance of registering a patent?

    The main reason to register a patent is to ensure that the inventor is able to exclusively commercially exploit an invention. The rights to a patent are vested in the “Statutory Inventor” i.e. the first person to file and register the patent.
  • 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.
  • How many directors do I need to start a company?

    A minimum number of one (1) adult director is required to form a company.
  • Does Trademark registration protect my website domain name?

    Yes, it does.
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