Nigeria — Value-added tax (VAT)
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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 2020
- 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:
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).
Nigeria Tax Sources & Citations
- EN: Nigeria Value Added Tax
- RU: НДС
- CN: 增值税
- Nigeria Federal Inland Revenue Service (FIRS) (accessed 2020)
- Ernst & Young global VAT tax study, Nigeria (updated 2020)
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