Blog posts

The Federal Inland Revenue Service (FIRS) has issued Guidelines on Advance Pricing Agreements (APAs), effective from 1 January 2025. These Guidelines provide a framework for the implementation of APA...

Wishing you a very merry Christmas celebration.

CHRISTMAS DEAL

Artificial Intelligence (AI) has become an integral part of many industries, streamlining processes and enabling faster decision-making. However, AI also presents new challenges, including the...

Companies Removed from the CAC Register: Implications and Compliance Considerations

Reason for Removal The affected companies were identified as having failed to file annual returns for a prolonged period, reportedly up to 10 years. Based on this, the Commission may consider such...

Do You Need a Tax Clearance to Do Business? If you run a business in Nigeria, there’s one thing you shouldn't overlook: Tax Reporting. Now, before you brush this aside thinking it’s all about paying...

Who requires a TIN? All individuals and business entities, including business names and limited liability companies, are required to have a TIN. What is a TIN used for? A TIN is commonly required for...

Recent developments in Nigeria’s financial and regulatory environment have increased the importance of obtaining a Tax Identification Number (TIN) for both individuals and business entities. A TIN is...

Effective financial management is an important aspect of sustaining and developing any business. Two key components of this process are account management and tax management. Proper handling of these...

In an increasingly interconnected global economy, businesses may consider expanding beyond domestic markets to access new opportunities. Exporting goods and services can provide access to a wider...

Understanding Export Promotion in Nigeria Export promotion refers to policies and programmes designed to encourage the production and export of goods and services. In Nigeria, these initiatives are...

In the current business environment, organisations are increasingly required to adopt structured and adaptable approaches to financial management. Sustainable financial management involves maintaining...