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.
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PENCOM certificate is given by the National Pension Commission (PENCOM) which is a body that regulates and supervises pension matters in Nigeria. The body was created to ensure the effectiveness of...
Yes a foreigner can be a director in a Nigerian Company. Although there is no express provision for this in the Companies and Allied Matters Act 2004, the law also doesnot preclude a foreigner from being a...
The procedure for changing a proprietors Signature on a Business Name Registration Form is as follows: Prepare an Affidavit stating why the proprietor intends to change his/her signature. This Affidavit must...
The procedure necessary to effect the change of a proprietor’s name on a Business Name Form is as follows; Prepare a duly completed application form for the change of name. Attach the Affidavit in support of...
Closing a company is usually referred to as dissolution and this can be done through members voluntarily winding up the company. The assets of the company are distributed to the creditors if any and among...
In order to legally close a Business Name which is no longer doing business, one will have to file a Notice to the Corporate Affairs Commission for Cessation of business/removal of name from register....
The Requirements for change of registered address on a Business Name Form is as follows: Duly completed application form. Duly completed Form for change of address Formal written application for change of...
Pioneer status is also known as a Tax holidayand it is an incentive granted to a company to be exempted from paying tax for a period of time. The initial grant is usually for a period of three years and an...
When registering a company, you are required to put in an address which serves as the registered address of the company. If a company wishes to change its registered address, the company must apply to the...
Savings A co-operative society helps you save better. Savings either in the bank or through other mediums may not be as effective as you want it to be because of the provision of ATM cards and other...
The oxford dictionary defines data protection as legal control over access to and use of data stored in computers. Giving our computerized generation today, data security is fundamental. Data protection is...
Data is the new gold and as such should be handled with a lot of care to prevent abuse by both individuals and corporate entities. A person who has control over people’s data has lots of power over them and...
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