360° Tax Solutions

Small and Medium businesses contribute approximately 50% to Nigeria’s GDP and account for over 80% of employment in the country. The Nigerian tax environment with the introduction of the annual Finance Act, requires a careful examination of today's tax function to better adapt to inevitable changes, manage risks, and create value for your organization while addressing the capability gaps. The cost of tax compliance is far cheaper than any imagined nightmare of non-compliance.

No doubt the annual Tax clearance certificate (TCC) issued by the Federal Inland Revenue Service (FIRS) in the case of incorporated entities or the State Internal Revenue Service (SIRS) in the case of individuals and unincorporated business registration shows that the business tax affairs is in good shape. The TCC is required for a number of corporate transactions as stipulated by law and the application for a TCC starts with obtaining a Taxpayers Identification Number (TIN) from the relevant tax authority and this is free of cost.