Taxation

Tax and Regulatory Matters for Foreign Investors in Nigeria

TAX AND REGULATORY MATTERS A FOREIGN INVESTOR MUST AVERT HIS MIND IN NIGERIA by Ayoade Apelegan Nigeria is ranked 131st on the World Bank’s 2020 Doing Business index. The ease of doing business score shows an economy’s absolute position relative to the best regulatory performance. The implication of this is that foreigners are on the lookout to establish businesses in…

How to Start a Printing Business in Nigeria

HOW TO START A PRINTING/ PUBLISHING BUSINESS By Ayoade Apelegan A printing/publishing company also known as printing press provides a range of services which includes but not limited to; Printing of office document, the printing of educational materials, the printing of souvenirs, branding of vehicles and buildings, the printing of stickers and printing on shirts. To start a printing/publishing company,…

TAX PLANNING & AVOIDANCE SCHEMES IN NIGERIA

TAX PLANNING & AVOIDANCE SCHEMES IN NIGERIA According to the Wikipedia, it describes tax by saying “tax (from the Latin taxo) is a compulsory financial charge or some other type of levy imposed upon a taxpayer (an individual or legal entity) by a governmental organization in order to fund various public expenditures”. A failure to pay, along with evasion of or resistance to taxation,…

Tax Clearance – Obtaining Tax Clearance in Nigeria

OBTAIN TAX CLEARANCE IN NIGERIA Tax Clearance – New Tax Payer We present the following as steps for obtaining tax clearance certificate for a newly incorporated company with the Federal Inland Revenue. Engage a Tax Consultant in Nigeria Step One: Register To Obtain Tax Identification Number The tax payer must present the following document to the nearest Integrated Tax Office…

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