Here are solutions to the most pressing issues on Joint Tax Board (JTB) TIN registration and verification in Nigeria. FAQs 1. How do I register for JTB TIN (tax identification number) online? Please visit and follow the instructions to…
INTRODUCTION A tax return is a document submitted by a taxpayer to the revenue authority. The contents of a typical tax return include the taxpayer’s name, taxpayer identification number, month or year of assessment, income/profit, tax payable (if any), and…
The Nigerian Investment Promotion Commission (NIPC) aims to boost and coordinate the participation of foreign businesses in the country. On 2 September 2024, NIPC issued a revised service fee schedule for business registration and pioneer status incentives in Nigeria. The…
BRC Publication contains an investor’s guide to doing business in Nigeria in 2024. The document is a general guide for foreign investors who intend to establish a new business in Nigeria, Western Africa. It contain the different phases as well as…
The document is a general guide for foreign investors who intend to establish a new business in Nigeria, Western Africa. Country Profile: Population (2024): 229,152,217 Area: 923,768 square km Capital: Abuja Political system: Presidential GDP/capita (2024): $1,087.89 Currency: Naira (NGN)…
Federal Inland Revenue Service (FIRS) has introduced a new feature to ease the registration of new taxpayers in Nigeria. The self-registration module on TaxPro Max allows taxable persons to register for taxes with FIRS online. Taxpayers can now register with…
Federal Inland Revenue Service (FIRS) will commence the review of taxpayers’ compliance with value added tax (VAT) and withholding tax (WHT) across the nation. The monitoring exercise on all taxable persons begins on Monday, October 23, 2023. Taxable persons include…
Federal Inland Revenue Service (FIRS) has released a public notice on the filing of tax returns at the tax office closest to taxpayers’ operations. The announcement is in line with FIRS segmentation policy and industry-specific rules for taxing activities, including…
