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Keep your local filings current: the status report, the records, the return prep and the calendar, from nine questions.

The tax-compliance pack: a compliance status report, a record-keeping workbook, an annual-return prep checklist and a deadline calendar, from nine questions.

The rule, as the US states it

What the regime asks of every business, by name.

A TIN is mandatory for all businesses; banks must ensure a TIN is provided[1]. Annual returns must be filed even where tax liability is zero[2]. The Nigeria Revenue Service cross-references TIN records with corporate registry and bank data; mismatches can trigger automatic queries[3]. The late-filing penalty is ₦100,000[4] in the first month of default, then ₦50,000[4] for each further month. The small-company turnover threshold is ₦50,000,000[5]. The annual-return deadline renders only from a verified source; until then the calendar row reads Confirm with your accountant.

Verified against the sources listed on 2026-09-09

  1. [1] tin_mandatory · verified 2026-09-09 · news.bloombergtax.com/daily-tax-report/nigeria-reforms-tax-laws-for-2026-rewrites-rules-for-mnes
  2. [2] annual_return_required_even_if_exempt · verified 2026-09-09 · techpoint.africa/guide/nigerian-tax-reform-acts/
  3. [3] data_matching · verified 2026-09-09 · businessday.ng/business-economy/article/5-ways-small-businesses-can-stay-tax-compliant-in-nigeria/
  4. [4] late_filing_penalty · verified 2026-09-09 · techpoint.africa/guide/nigerian-tax-reform-acts/
  5. [5] small_company_turnover_threshold · verified 2026-09-09 · sowprofessional.com/small-businesses-2026-tax-compliance-guide/

Reviewed text: pending the reviewer of record · Sources: pending registration

Who this pack is for

ForSmall businesses in Nigeria: registered companies, business names and the unregistered, and the accountants who serve them.
Not hereWhether an exemption or obligation applies to you is not decided here; the status report says where your business appears to fall, and no further.

What the pack produces for this

Nine answers in. Four documents out.

  1. 01Compliance status report: where you stand, obligation by obligation, and what to do, in order.
  2. 02Record-keeping workbook: income, expenses, bank accounts with the TIN-linked flag, fixed-asset register, monthly summary.
  3. 03Annual-return prep checklist.
  4. 04Deadline calendar: rows only from verified dates.

Delivered as documents and web pages; the format of each is read from the template specification. Every document carries the reviewer of record, the verified date and its disclaimer on the final page.

See the nigeria tax pack

Learn

Confirm with your accountant if unsure.