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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All business entities registered with the Corporate Affairs Commission (CAC) are required to file Annual Returns every year that they remain in operation. This requirement extends to businesses,...
CERPAC is the acronym for Combined Expatriate Residence Permit and Alien Card. This is a document issued to foreigners to legally live and work in Nigeria. An application for CERPAC can only be applied for...
Expatriate Quota This is an approval granted to registered firms or organizations to employ the services of expatriates for the purpose of training or enhancing the skills of Nigerians during the period of...
Section 650 of Company and Allied Matters Act 2020 (CAMA), defines “an alien (foreigner) as a person or association, whether corporate or incorporated, other than a Nigerian citizen or association”. A...
What is a monthly expatriate report? The concept of Monthly Expatriate Report is used in reference to Expatriate Quota, which is granted to companies or organisations to enable them engage the services of...
What is CERPAC? CERPAC is an acronym that stands for Combined Expatriate Residence Permit and Aliens Card. It is a document that serves as a form of identification and authorisation for foreign nationals who...
A letter of administration is a document issued by the Probate court which gives a person or persons known as administrator or administratrix, the authority to deal with a deceased person’s estate. It is a...
When a will is executed by the testator, it is important for it to be registered at the Probate Registry of the High Court. This is because, for an executor of a Will to obtain probate from the probate...
The major goal/objective for every business owner is maximizing sales/ revenue, and expansion of the business, however in order to sustain the business, another objective is equally pertinent, which is being...
WHAT IS NIGERIAN DATA PROTECTION REGULATION? Nigerian Data Protection Regulation (NDPR) provides legal safeguards for the processing of personal data. LAWS GOVERNING NIGERIAN DATA PROTECTION The Nigeria Data...
What is mobile money? Mobile money is a financial solution that allows users to send and receive money, as well as pay for goods and services with their phones without a bank account. It is also a...
Public limited companies are required to have atleast two directors at all times. In the event a director dies, the shareholders must appoint a second director as soon as possible. If the deceased director...
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