Blog posts | Uboh Sunday & Co., Lagos, Nigeria

SIX ELEMENTS OF FINANCIAL STATEMENT

Posted on 2 July, 2025

WHAT ARE THE ELEMENTS OF FINANCIAL STATEMENT

These six elements provide a structured basis for recording, classifying, and presenting financial information. Their consistent application supports clarity and comparability in financial reporting...

VACANT SEAT

Posted on 2 July, 2025

UBOH SUNDAY & Co. (Chartered Accountants) invites applications from suitably qualified candidates for the position of Graduate Accountant at its Festac office.

THE NEW TAX REFORM BILLS IN NIGERIA, AS A MAJOR SHIFT IN OUR TAX SYSTEM

Posted on 27 June, 2025

The Federal Government of Nigeria has introduced tax reform measures aimed at strengthening tax administration and improving compliance across the economy. These changes reflect ongoing efforts to...

TAXPRO MAX ASSISTANT NEAR YOU IN LAGOS, NIGERIA

Posted on 15 June, 2025

The introduction of digital tax administration systems by the Federal Inland Revenue Service (FIRS), including the TaxPro Max platform, represents a significant development in tax compliance processes...

REQUIREMENT TO SECURE GOVERNMENT CONTRACT IN NIGERIA ARE: COMPANY REGISTRATION WITH CAC, FIRS, TAX PRO MAX, NSITF, ITF, PENCOM, BPP, ETC

Posted on 6 June, 2025

In Nigeria, businesses intending to participate in government procurement processes are generally required to comply with specified statutory and regulatory obligations. These requirements are...

VACANT SEAT FOR NYSC: INTERNSHIP OPPORTUNITY FOR ACCOUNTING CORPS MEMBERS IN LAGOS NIGERIA

Posted on 31 May, 2025

NYSC Internship Opportunity in Accounting – Apply Now!

UBOH SUNDAY & Co. (Chartered Accountants) invites applications from suitably qualified National Youth Service Corps (NYSC) members for an internship position in its Lagos office.

PROFESSIONAL TAX CONSULTANT NEAR YOU IN LAGOS, NIGERIA

Posted on 22 May, 2025

LOOK INWARD TO SEE THE TAX MANAGERS IN YOUR AREA

Tax compliance remains an important responsibility for individuals and businesses operating within Lagos and across Nigeria. This includes obligations relating to personal income tax, companies income...

COMPANY REGISTRATION TO SECURE GOVERNMENT CONTRACTS IN NIGERIA

Posted on 17 May, 2025

COMPANY REGISTRATION WITH CAC, FIRS, TAXPRO MAX, NSITF, ITF, PENCOM, BPP, DPR TO SECURE GOVERNMENT CONTRACTS IN NIGERIA

Businesses seeking to participate in public sector opportunities in Nigeria are generally required to meet specific registration and compliance obligations. These requirements are administered by...

CAC Issues 6-Week Deadline: Why Unregistered Businesses Must Act Now or Face Legal Prosecution

Posted on 29 April, 2025

register your business within six weeks or face legal prosecution

Recent communications from the Corporate Affairs Commission indicate an increased focus on the registration of businesses operating within Nigeria. This forms part of broader regulatory efforts to...

How to Build a Strong Business Development Plan for Your Startup

Posted on 14 March, 2025

Establishing a structured business development plan is an important step for startups seeking to operate effectively and achieve defined objectives. Such a plan provides a framework for setting goals...

10 Proven Business Development Strategies to Scale Your Business in Nigeria

Posted on 1 March, 2025

Operating and expanding a business in Nigeria involves navigating various economic and operational factors. A structured approach to business development may assist organisations in managing growth...

WHAT YOU NEED TO KNOW ABOUT NIL VAT FILE ON TAX-PRO-MAX IN NIGERIA

Posted on 18 February, 2025

In Nigeria, businesses are required to submit Value Added Tax (VAT) returns on a monthly basis, even when no taxable transactions occur. This is referred to as "Nil VAT." Filing a Nil VAT return...

Why Business Investment Fails Despite Entrusting It to Trusted Individuals

Posted on 11 February, 2025

Investing in a business involves allocating resources with the expectation of generating returns over time. However, even when investments are managed by individuals considered reliable, businesses...

The Twenty Accounting Services We Can Offer to Your Company US & Co. (Chartered Accountants)

Posted on 11 February, 2025

The Twenty Accounting Services We Can Offer to Your Company US & Co. provides a range of accounting services to support companies in maintaining accurate financial records, ensuring regulatory...

Blockchain in Financial Accounting: Transparency, Security, and Efficiency

Posted on 4 February, 2025

Blockchain technology is increasingly influencing finance and accounting, providing new methods for recording, managing, and verifying financial transactions. Organizations and accounting...

Should You and Your Spouse File Taxes Jointly or Separately in Nigeria?

Posted on 15 January, 2025

For married couples in Nigeria, determining whether to file taxes jointly or separately can influence overall tax liability. The Personal Income Tax Act (PITA) governs taxation in Nigeria, and the...

Get Every Dollar You Deserve on Your Taxes

Posted on 15 January, 2025

US & Co. provides professional accounting, auditing, and tax services to support businesses and individuals in managing their financial affairs. Our firm combines experience, established methodologies...

Twenty Accounting Solutions Every Business Must Have

Posted on 5 January, 2025

Effective accounting is essential for maintaining accurate records, ensuring regulatory compliance, and supporting informed decision-making. US & Co. (Chartered Accountants) offers a range of services...