by cybzity | Jan 29, 2025 | Nigerian Law, Tax Regime
Introduction In Nigeria, two major forms of business are popular – business names (sole proprietorship and partnership) and registered companies in their various forms. The form under which a business operates has multiple implications in business law. This is...
by cybzity | Oct 26, 2024 | FAQ, Tax Regime
View full publication This publication is part 2 of the FAQS on the Deduction of Tax at Source (Withholding) Regulations 2024 (‘the Regulations’). Part 1 of the publication can be found here. It is worth noting that on 2 October 2024, the Regulations were gazetted....
by cybzity | Apr 24, 2024 | Commercial Leases, Tax Regime
View full publication Introduction Value Added Tax (“VAT”) is charged and paid on the supply of all goods and services, except those specifically exempted under the first schedule to the Value Added Tax Act (the “VAT Act”). Prior to the Finance Act 2019 and the...