Here's What's new on Tax Identification Number

Here's What's new on Tax Identification Number

July 27, 2020

Here's What's New on Tax Identification Number

Dear ,

If you have plans to register a business, this is an exciting time for you as the costs and the bottlenecks involved have been drastically improved. 

For many entrepreneurs, the cost of registering a business, the administrative bottlenecks involved in the registration process, and the cumbersome process of getting a TIN number make starting a business in Nigeria very tasking.

As part of the Ease of Doing Business Initiatives, the Corporate Affairs Commission (CAC) has further simplified the process of registration of companies.

What this means is that Certificates of Incorporation of companies registered under Part A of CAMA will henceforth bear the Tax Identification Numbers (TIN) issued by the Federal Inland Revenue Service (FIRS) to such companies. 

Do have a great week!Stay Safe!Sincerely,Oluchi Johnson-AchibiriCommunity Manager, msmehub.orgFATE Foundation1st Floor, Water Corporation BuildingIjora, Lagos

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