The 618 Bees blog
Practical guides to starting, running and protecting your business in Nigeria. Find the answers you need, wherever you are in your business journey.
38 articles · Newest first
The Name of a company can be changed if so desired by the members of the company. The following are steps to change the name of a company; A resolution must be passed by the members of the company that the...
MEMART is the abbreviation for the company incorporation document known as Memorandum and Articles of Association, which is the part of your incorporation documents that reflects the structures, governance,...
Before any company can be incorporated it is required by the law to have an authorised share capital which is divided among the members according to their contribution in the company. These shares can either...
The procedure for share transfers includes; Prepare an instrument of Transfer. The instrument of Transfer must be signed by the transferor and the transferee or on their behalf. The instrument of Transfer...
Financial statements are records of the financial activities of a company over a period of time. At the end of every financial year, the director of a company is required by the Companies and Allied Matters...
According to the Family Firm Institute, family-owned businesses account for two-thirds of businesses worldwide, making them essential for both economic growth and job creation. So how can one make a family...
Section 832 of the Companies and Allied Matters Act allows for the change of the name of an incorporated Trustee. A church is registered as an incorporated Trustee under the provisions of the Companies and...
The value of investing in legal advice for your business cannot be underestimated. By receiving proper legal advice early on in the business life cycle, even when you’re a startup, you could potentially make...
Non-profit Organisations registered with the Corporate Affairs Commission in Nigeria can only be dissolved by a court of competent jurisdiction. This can be done through a petition. A petition is a formal...
There are three compliance filing mandatory for all Non-profits organisation to file under the Companies and Allied Matters Act (CAMA) 2020, and they include the Bi-Annual Returns (Filed in July and January...
The CEO title is one of the most commonly used in the business space and many times used without a proper understanding of the role and the responsibilities it carries. We have set out to define what it...
The year 2020 has been tough for businesses the world over and while working procedures and processes may have changed or become adjusted to accommodate these challenges, statutory filings and compliance for...
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