27/11/2025
πππ ππππ ππ πππππππ ππππ ππππππππ ππ πππ ππ πππ!!!
There is a new tax update coming to Nigeria in 2026, and it will affect all business owners.
Small Companies (LTD) will enjoy better tax relief, while bigger companies will pay less tax than before
That is why many people are upgrading from business name to LTD.
Big news for business owners in Nigeria - especially if you're thinking of upgrading or registering your LTD.
β’ From January 2026, a new tax law comes in that changes how companies are taxed.
β’ Small Companies (turnover up to #100 Million + small fixed assets) will be exempt from corporate income tax.
β’ Larger Companies will pay 25% CIT down from 30%
β’ There's also a 5% annual tax credit for eligible investments in certain sectors.
β’ For big Multinational-type groups: they introduced a minimum effective tax rate (ETR) of 15% to stop profit shifting.
β’ On the good side: Many Macro-businesses are protected - Over 90% of micro, small & ''Nano" businesses will have major tax relief.
Why now is a great time to go for LTD:
1. Better Tax Structure - With the new laws, LTD companies can benefit from lower tax (or even exemptions if small).
2. More Credibility - LTD status means your business looks more serious, more trustworthy.
3. Growth-ready - If you want to scale, get investors, or enter bigger contracts, LTD is more attractive.
4. Tax Rewards - The 5% tax credit means if you invest in your business smartly, you pay less tax.
Contact us or WhatsApp on:
https://wa.me/+2348166283392
