Tax Compliance for MNCs in Nigeria
Tax Compliance for MNCs in Nigeria Introduction Nigeria, one of Africa's largest economy, offers significant opportunities for multinational corporations (MNCs) in diverse sectors such as oil and gas, agriculture, telecommunications, and technology. However, as lucrative as the Nigerian market may…
PENCOM REGISTRATION IN NIGERA
PENCOM REGISTRATION IN NIGERA PENCOM Certificate will be explained in this article: The National Pension Commission (PENCOM) commenced the issuance of Pension Clearance Certificates (PCC) to organizations in 2012. The PCC is evidence of compliance with the PRA 2014 and…
SCUML REGISTRATION IN NIGERIA
SCUML REGISTRATION IN NIGERIA As a business owner in Nigeria, it is important to understand the legal requirements for operating in the country. One of these requirements is registering with the Special Control Unit Against Money Laundering (SCUML). In this…
ITF REGISTRATION REQUIREMENT IN NIGERIA
ITF Registration Requirement in Nigeria ITF Registration Requirement in Nigeria. ITF stands for (Industrial Training Fund) is a government agency aimed at promoting the acquisition of skills by Nigerians, providing a platform for the development of human resources, and bridging…
NSITF REGISTRATION PROCEDURES IN NIGERIA
NSITF REGISTRATION PROCEDURES IN NIGERIA NSITF REGISTRATION PROCEDURES IN NIGERIA. NSITF stands for (Nigeria Social Insurance Trust Fund) is a statutory body established by the Nigerian government to provide social insurance benefits to employees in the country. It primarily ensures…
Duns & Bradstreet Registration in Nigeria
Duns & Bradstreet Registration in Nigeria Duns & Bradstreet Registration in Nigeria is an essential step for businesses looking to establish a credible global identity The D-U-N-S Number (Data Universal Numbering System) is a unique nine-digit identifier assigned to businesses by Dun…
Annual Tax Returns Filing
Annual Returns Filing (FIRS） Annual Tax Returns Filing (FIRS). All Nigerian companies are expected to file tax returns annually with the Federal Inland Revenue Service (FIRS) or State Inland Revenue Services. This includes various taxes such as Company Income Tax…
SCUML Requirements in Nigeria
What is SCUML? SCUML Requirements in Nigeria. SCUML stands for Special Control Unit against Money Laundering. It is a Nigerian government agency under the Economic and Financial Crimes Commission (EFCC). Its primary mandate is to enforce anti-money laundering (AML) and…