Tag: FIRS
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How to Get Tax Identification Number (TIN) in Nigeria – A Step-by-Step Guide (2026)
Getting your business recognized starts with one essential step: knowing how to get Tax Identification Number (TIN) in Nigeria. The Tax Identification Number, issued by the Federal Inland Revenue Service (FIRS) and the Joint Tax Board (JTB), is the unique code that links you or your company to the national tax system. Without it, opening a corporate bank…
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How to Get a Tax Identification Number (TIN) in Nigeria Through the TIN Registration Portal
How do you get TIN in Nigeria? How long does it take to get TIN in Nigeria? Getting a Tax Identification Number (TIN) is essential for every working person and company in Nigeria. It’s key to staying within the law and handling money matters smoothly. Tax is a part of life we all must deal…
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Annual Returns Filing vs Tax Returns Filing (FIRS)
For business owners in Nigeria, maintaining compliance involves fulfilling distinct obligations to different government bodies. Many entrepreneurs mistakenly assume CAC annual returns filing is the same as tax returns filing. These are two separate legal obligations handled by different regulators, and failing to comply with either can put your business at risk. Key Differences Between…
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How to Navigate FIRS Guidelines for Crypto Taxation in Nigeria, 2025
Nigeria’s crypto landscape has evolved rapidly, with the Federal Inland Revenue Service (FIRS) implementing stringent guidelines to formalize crypto taxation in Nigeria under the Investment and Securities Act (ISA) 2025. As NFT marketplaces flourish and local artists monetize digital art, understanding these rules is critical to avoid penalties and maximize profitability. This article breaks down…