Registering for taxes with the Federal Inland Revenue Service (FIRS) is the first step in complying with the Nigerian tax law. After registration, FIRS will issue a tax identification number (TIN) to the new user. TIN is important for opening a corporate bank account, and issuing a tax invoice to a customer. Other benefits are remitting taxes, and claiming withholding tax (WHT) credit.
A taxpayer can complete the FIRS TIN registration process manually or online. The first method involves submitting a copy of the incorporation documents, utility bill, and related information including the registration form in hard copy to the relevant FIRS office. More details on the information for registering are in this article. The second approach allows new users to access and submit a duly completed form on the FIRS TIN registration portal. That is, TaxPro Max. While the manual process is faster, the online method is more convenient.
It is worth noting that regulatory agencies, such as the Corporate Affairs Commission (CAC) can generate FIRS TIN for new taxpayers. This move is a collaboration between CAC and FIRS. However, a new taxpayer must register for taxes directly with FIRS to make the TIN active.
The registration process is complete when FIRS issues TIN to the new taxpayer. In the past, FIRS would issue a TIN certificate. However, the issuance of the FIRS TIN certificate is no longer in use. Rather, a formal letter will be issued stating the taxpayer’s name, TIN, and the monthly and annual filing obligations. FIRS will also send log-in details for TaxPro Max to the registered e-mail address. Returns can be filed electronically. Late filing of tax returns attracts penalties and interest. To see the types of taxes in Nigeria, check the article via this link.
It is possible to verify FIRS TIN online via the FIRS TIN verification website at https://apps.firs.gov.ng/tinverification. Alternatively, one can contact the nearest FIRS office for assistance.