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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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...
The procedure to obtain Expatriate Quota in Nigeria is as follows: Application on the letter headed paper of the company addressed to the Permanent Secretary Federal Ministry of Interior, Old secretariat...
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...
The Industrial training Fund (ITF) is a parastatal of the Federal Government of Nigeria under the Ministry of Industry, Trade and Investment and it was established in 1971. The essence for the establishment...
NACCIMA stands for Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture and they are the organization responsible for providing Certificate of Origin for goods. Certificate of Origin...
Pioneer status is an incentive also referred to as “Tax Holiday” which is given by the government to a company granting the company tax relief for a number of years6. The Industrial Development Income Tax...
Pioneer status incentive is a tax holiday given to companies for a period of time to encourage the growth and development of the Nigerian economy. A new company or an existing company with an expansion plan...
A Value Added Service License is a major requirement by Nigerian Communications Commission (NCC) for any business proffering value added services. Value added services are network based services other than...
The Immigration Act CAP 11 Laws of the Federation, 2004 in section 36 states that “No person other than a citizen of Nigeria shall accept the employment (not being with the Federal Government or state...
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