NG Value-added tax (VAT) Rates Nigeria — Value-added tax (VAT)

General VAT Rate Other Rates Local Currency
5% 0% Naira (NGN)

Nigeria's general VAT rate is 5%, with other rates including 0% that can apply to certain transactions. The Value-added tax (VAT) is administered by the Federal Inland Revenue Service (FIRS) in Abuja.

Nigeria is a member of the Economic Community of West African States Member trading bloc, which may affect international VAT collection and regulations.

Nigeria's consumption tax is called the Value-added tax (VAT), which was introduced in August 1993.


Nigeria VAT rates for 2017

Standard
5%
Others
Zero-rated and exempt

Nigeria VAT number format

Businesses in Nigeria that are required to collect tax will be issued an identification number. Tax identification numbers can be verified with the Federal Inland Revenue Service (FIRS), and will follow a certain format. The VAT number format is 01012345-0001.


Nigeria VAT return periods

Businesses in Nigeria that are required to collect tax from consumers must file regular tax returns with the Federal Inland Revenue Service (FIRS) in Abuja. Nigeria's VAT return periods are:

Monthly

Registration thresholds

None


Recovery of VAT by non-established businesses

Non-established businesses are small, unincorporated businesses that sell taxable goods and may consist of a single individual, or several. Non-incorporated businesses in Nigeria are not required to collect taxes from the consumer.


Nigeria VAT Refunds

Many countries allow tourists, and others making purchases for export, to receive a VAT refund on exiting the country (or make purchases VAT free). While we don't have data on the Nigeria VAT refund program, more info can be obtained from the Federal Inland Revenue Service (FIRS).


NG Value-added tax (VAT) Rates Nigeria Tax Sources & Citations

  • EN: Nigeria Value Added Tax
  • RU: НДС
  • CN: 增值税
Note: This page is intended to be a simple overview of Nigeria's consumption tax structure, is provided as-is, and is not legal advice. Please let us know if any of the Nigeria tax information on this page is incorrect or out of date.
Citations:
  1. Nigeria Federal Inland Revenue Service (FIRS) (accessed 2017)
  2. Ernst & Young global VAT tax study, Nigeria (updated 2017)

  3. ← Back to World VAT Rates
** This Document Provided By SalesTaxHandbook **
Source: http://world.salestaxhandbook.com/ng-nigeria