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Commentary

Key data (Nigeria)

35 Nigeria

Contributed by Busayo Olawole, PKF Professional Services (Nigeria)

Key data (Nigeria)

Information up to date as at 1 March 2024.

A. VAT registration and deregistration thresholds
VAT registration
Taxable personsAll taxable persons in Nigeria are required to register for tax purposes upon commencement of business, but only those with taxable supplies of NGN 25 million or more are required to charge and account for VAT and file

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