Requirements for Tax Clearance
Requirements for Tax Clearance
Tax Clearance Certificate is an official document issued by the relevant tax authority to a taxpayer, certifying that, the tax assessed on the income from all sources of the taxpayer for the three years immediately preceding the current year of assessment has been fully paid. Though, in some instance, Tax Clearance Certificate may be issued to a tax payer who have not fully paid his tax liability, but, needed it for meeting urgent business2 need. This will be done with a promise to pay at a future date within the financial year or tax period under review.
Before 2020, the requirements for Tax Clearance Certificate and the process of obtaining TCC in Nigeria was 100% online, but, due to some recent internal restructuring in Federal Inland Revenue Services (FIRS), the process has been majorly physical and some online, which will be handled by the FIRS Officials.
For the purpose of simplicity, the practical steps for obtaining TCC in Nigeria for both Corporate Organization and Individual is stated below
S/N | CORPORATE | INDIVIDUAL |
1 | NATIONAL ID CARD | NATIONAL ID CARD |
2 | PHONE NUMBER | PHONE NUMBER |
3 | MEMART | |
4 | AUDITED ACCOUNT/SOA | |
5 | UTILITY BILL | UTILITY BILL |
6 | LETTERHEAD | |
7 | STAMP | |
8 | CERTIFICATE OF INCORPORATION | |
9 | TIN NUMBER/CERTIFICATE | TAX NUMBER/CERTIFICATE |
10 | BANK LIST | BANK LIST |
11 | BANK STATEMENT | BANK STATEMENT |
12 | COPY OF PAST TCC | COPY OF PAST TCC |
13 | EVIDENCE OF REMITTANCE | EVIDENCE OF REMITTANCE |
Letter of Authority/Engagement as Consultant | Letter of Authority/Engagement as Consultant | |
14 | FUND FOR REMITTANCE | FUND FOR REMITTANCE |
15 | OUR FEE | OUR FEE |
For more information:
At SOW Professional Services, as a professional tax consultant in Nigeria, we understand how both Corporate and Individual tax clearance certificate can be process, hence, we look forward to assist you with this process. Please call:
Call us on 07038254989 or send a mail to:
WhatsApp:07038254989,
www.sowprofessional.com