How 618 Bees Supports Foreign Investors in Nigeria: From Business Setup to Full Compliance

How 618 Bees Supports Foreign Investors in Nigeria: From Business Setup to Full Compliance

August 06, 2025

Nigeria remains a top destination for foreign investment in Africa, rich in resources, innovation, and opportunity. But entering the Nigerian market can be complex. That’s where 618 Bees comes in. We offer end-to-end legal, regulatory, and business support tailored to foreign investors, helping you set up smoothly, operate efficiently, and stay fully compliant.

  1. Why Foreign Investors Need Local Support
  • Complex and evolving regulatory environment.
  • Bureaucracy and documentation hurdles.
  • Local content, tax, and compliance challenges.
  • Need for trusted, on-ground guidance
  1. Business Setup Services

618 Bees helps you get started right:

  • Company registration with the Corporate Affairs Commission (CAC).
  • Business Permit and Expatriate Quota
  • Nigerian Investment Promotion Commission (NIPC) registration.
  • Advisory on business structure (subsidiary, branch, or representative office).
  • Trademark registration and IP protection.hr

3.     Capital Importation and Repatriation Support

  • Assistance with Certificate of Capital Importation (CCI).
  • Advisory on FX regulations and Central Bank guidelines.
  • Structuring investments for easy profit repatriation

4.     Tax and Regulatory Compliance

  • Registration with FIRS and State Inland Revenue Services.
  • Ongoing tax filing and compliance.
  • Guidance on Withholding Tax (WHT), Value Added Tax (VAT), and Company Income Tax (CIT)
  • Regulatory filings and updates

5.     Corporate Governance and Secretarial Services

  • Appointment of Company Secretary.
  • Preparation and filing of board resolutions.
  • Organization of Board Meetings and AGMs
  • Maintenance of statutory registers.
  • Shareholder and director management

6.     Local Content and Sector-Specific Licensing

  • Support with Local Content compliance in sectors like oil & gas, ICT, construction.
  • Sector licensing: Oil & gas (NUPRC), financial services (CBN), telecoms (NCC), etc.
  • Regulatory engagement and liaison

7.     Contract Drafting and Legal Advisory

  • Custom commercial contracts (JVAs, MOUs, service agreements).
  • Employment contracts and HR policies.
  • Due diligence and risk advisory.
  • Dispute resolution and legal representation

8.     Operational Support and Outsourcing.

  • Virtual office or registered address services.
  • Retainer services for ongoing legal, secretarial, or compliance needs.
  • Connection with vetted tax, audit, and HR professionals

Whether you’re entering Nigeria for the first time or expanding your footprint, 618 Bees is your reliable partner on the ground. Our team of legal and compliance professionals simplifies the process from entry to execution, ensuring your business thrives in one of Africa’s most promising markets.

Need help navigating business in Nigeria?
Whether you’re a foreign investor, startup founder, or growing enterprise, 618 Bees is here to support you every step of the way—from setup to compliance and beyond.

Call or WhatsApp us: 09017190079 Email: hello@618bees.com Visit: www.618bees.com

Let’s make business simpler together.

 

 

 

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.
  • 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.
  • When can I start renewal of the registration of my product(s) with NAFDAC?

    You can start renewal 6 months to the date of expiry.
  • What is data protection?

    Data protection is a legal process of protecting sensitive data.
  • Who benefits from copyright in Nigeria?

    The creator of the original copyright work (the Author) is the one who benefits but he can transfer his right to a third party.
  • 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.
  • Can my kids be shareholders in my company?

    Yes your kids can hold shares in your company but there must be a minimum of two adult shareholders before kids can be included.
  • 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.
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