Tax Clearance Requires a filling minimum of 3 years for newly registered companies not actively doing business and doesn’t have financial transactions over 25m annual inflow for the last 3 years.
For new businesses registered in 2023, 2024, 2025
This service provides assistance in obtaining Tax Clearance Certificates for Limited Liability Companies through the Federal Inland Revenue Service (FIRS) in Nigeria.
REQUIREMENTS:
CRITERIA FOR QUALIFYING FOR TAX PAYMENT EXEMPTION (For New Businesses Not Actively Doing Business and with Annual Bank Account Total Below ₦ for the Last 3 Years):
✅ 2022 (Total in Bank Account) – Below ₦
✅ 2023 (Total in Bank Account) – Below ₦
✅ 2024 (Total in Bank Account) – Below ₦
REASONS FOR OBTAINING A TAX CLEARANCE CERTIFICATE:
✅ Legal Compliance.
✅ Loan Applications.
✅ Government Contracts.
✅ Business Transactions.
✅ Applying for licenses.
✅ Securing government loans.
✅ Bidding for government contracts.
WHAT YOU GET:
✅ Tax Clearance Certificate.
✅ Digital copy of Tax Clearance.
✅ Confirmation of Registration.
AIM and OBJECTIVES for Tax Clearance Certificate:
Aim: To obtain an official Tax Clearance Certificate demonstrating compliance with tax obligations.
Objectives:
✅ To facilitate smooth financial and legal transactions.
✅ To meet regulatory requirements for business operations.
✅ To establish credibility and trustworthiness in financial dealings.
✅ To enable participation in government contracts and other official processes.
✅ To enable the obtaining of loans, and other financial instruments.
FAQS:
What is a Tax Clearance Certificate?
✅ A Tax Clearance Certificate is an official document issued by the FIRS, confirming that a business has fulfilled their tax obligations up to a certain date.
Why do I need a Tax Clearance Certificate?
✅ It is often required for various financial and legal transactions, including loan applications and government contracts.
What is FIRS?
✅ FIRS (Federal Inland Revenue Service) is the agency responsible for assessing, collecting, and accounting for taxes accruing to the Federal Government of Nigeria.
How long does it take to obtain a Tax Clearance Certificate?
✅ The timeframe for obtaining a Tax Clearance Certificate is dependent on the complexity of the filing, and the FIRS processing time.
Can the processing be done online?
✅ Yes, the process can be initiated online, but may require physical submission of documents.
COSTS:
Limited Liability Company Tax Clearance Certificate (New Businesses Registered 2023-2025):
✅ 3 Years Tax Clearance Cost (2022, 2023, 2024):
. 2022 (Tax Payment Due): Nil
. 2023 (Tax Payment Due): Nil
. 2024 (Tax Payment Due): Nil
. Statutory fees due (3 years): ₦
Processing / Service Charge: ₦
(Please visit our official Whatsapp Channel for all cost
Breakdown:
https://whatsapp.com/channel/0029Vb3313w2JSDoq2Z)
TIMELINE:
Dependent on FIRS processing time.
For more information, please contact us on:
WhatsApp: +2349025874439
