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THE ULTIMATE GUIDE TO COMPANY FORMATION IN NIGERIA THAT YOU NEED TO KNOW

Leave a Comment / Commercial Law /

Introduction to Company Formation in Nigeria Emeka and Chidinma had been best friends since their days at the University of Lagos. After years of working in corporate Nigeria, they decided it was finally time to turn their shared dream into reality  a technology consulting firm that would serve businesses across West Africa. Full of excitement, […]

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VAT Increase on Goods and Services Are Now Taxable: What You Need To Know.

Leave a Comment / Compliance with the Law, Regulatory Compliance, Tax Compliance, TAXATION /

Is there a VAT increase on goods and services? The Nigerian tax landscape has undergone a major overhaul with the Nigeria Tax Act (NTA) 2025, which officially took effect on January 1, 2026. This Act consolidates several previous laws including the Finance Acts of 2020–2023 and introduces significant changes to what is taxable under the

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Tax Penalties in Nigeria: Mistakes Businesses Make on the New Portal-Part 2

Leave a Comment / Tax Compliance, TAXATION /

Introduction To Tax Penalties In Nigeria As of January 1, 2026, Nigeria has entered a new fiscal era with the full implementation of the Nigeria Tax Reform Acts 2025 which provide tax penalties, fines, and interest for non-compliance. These reforms represent a massive structural reset of the country’s tax system, consolidating several older laws including

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Tax Penalties in Nigeria: What you Need To Know-Part 1

Leave a Comment / Tax Compliance, TAXATION /

INTRODUCTION TO TAX PENALTIES IN NIGERIA: On 26th of June, 2025, President Bola Tinubu signed a groundbreaking Tax Reform Bill into law, that introduced new policies and penalties fundamentally changing how individuals and businesses pay tax in Nigeria. As of January 1, 2026, Nigeria has entered a new fiscal era with the full implementation of

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