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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The Companies and Allied Matters Act Cap LN 2020 Sec 834 provides that Where a body or association intends to replace some or all its trustees or to appoint additional trustees, it may by resolution at a...
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...
Every foreign incorporated company that wishes to operate in Nigeria is required to register its company with the Corporate Affairs Commission. However, there are certain companies exempted. Foreign...
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 amendment of the constitution of your Association/Foundation/Non-Profit is done by a resolution passed by a simple majority of the members and approved by the Corporate Affairs Commission (CAC). The...
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 procedure for dissolving or closing down an incorporated Trustee/Non-profit organization in Nigeria is provided for under section 850 of the Companies and Allied Matter Act 2020 (CAMA). Organizations...
ISO its an acronym for International Organization for Standardization. The International Organization for Standardization (ISO) is “an international standard-setting body composed of representatives from...
It is pertinent to understand what crypto currency is all about. Simply defined, crypto currency is the buy and selling of digital assets via exchanges. Examples of crypto currency is bitcoin, Ethereum,...
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