IMPORTANT TAX UPDATE

Important Tax Update: Register as a Company to Benefit from New Exemption

Please be advised of a key change in the new Tax Law effective 2026.

The tax exemption for annual turnovers below 50 million Naira now applies only to registered Companies, and not to sole proprietorships or businesses registered under a business name.

If you currently operate a registered business (e.g., as a sole proprietor), it is highly advisable and potentially more profitable to incorporate as a Company to take advantage of this exemption.

For professional assistance with incorporation, you may contact:

+2347012294032