618 Bees Micro Company Secretarial Plan

618 Bees Micro Company Secretarial Plan

February 25, 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
  1. Documents Safe Keeping for a year.
  2. Advise on update legislation in relation to Business Law and Tax Law, and other relevant laws.
  3. Preparation of resolutions in respect of Director’s Meetings, notices and consent.
  4. Safe Keeping of Company Seal.
  5. Preparation of resolutions in respect of Director’s Meetings, notices and consent
  6. Preparation of standard Director’s resolutions and related documents pertaining to corporate changes.
  7. Legal advice in one (1) matter arising during business operation of Client.

Fee: N99, 650

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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.
  • 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.
  • 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.
  • Does a trademark search automatically reserve my trademark name?

    No, a trademark search does not automatically reserve that which is sought to be trademarked. A search ascertains whether that which is sought to be trademarked is available or violates any existing trademark.
  • Can I process/register multiple products at NAFDAC at the same time?

    Yes, you can process/register multiple products at the same time
  • What is share capital?

    The share capital in a private limited company is the amount of money invested by its owners in exchange for shares of ownership.
  • Does a trademark search automatically reserve my trademark name?

    No, a trademark search does not automatically reserve that which is sought to be trademarked. A search ascertains whether that which is sought to be trademarked is available or violates any existing trademark.
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