If you operate as a sole proprietor in Nigeria, registering for tax is not just a legal requirement — it’s an essential step to keep your business compliant and...
Capital Gains Tax (CGT) is an important consideration when selling property in Nigeria. Many individuals and businesses overlook it—only to face penalties or legal issues later. At Faturoti Taiwo...
Filing annual returns with the Corporate Affairs Commission (CAC) is a legal requirement for registered businesses in Nigeria. Many business owners overlook this obligation, risking penalties, deregistration, or loss...
As 2025 unfolds, Nigerian business owners face a rapidly changing economic landscape, influenced by inflation, currency fluctuations, and government policies. To thrive, businesses need strong financial planning—starting with effective...
If you run a business or plan to work legally in Nigeria, obtaining a Tax Identification Number (TIN) is a crucial step. At Faturoti Taiwo and Co., a leading...
At Faturoti Taiwo and Co., we’ve helped hundreds of Lagos businesses avoid costly tax penalties through proper compliance. Nigerian tax authorities (FIRS and LIRS) are becoming increasingly strict – this...
Introduction The Federal Government of Nigeria has taken another decisive step toward modernizing the country’s tax system with the enactment of the Nigerian Tax Reform Acts 2025. This legislation...
Understanding which expenses are tax-deductible can significantly reduce your company’s tax liability and increase profitability. At Faturoti Taiwo and Co., a leading accounting firm based in Lagos, Nigeria, we...
At Faturoti Taiwo and Co., we help Nigerian freelancers and independent professionals understand their tax obligations. One question we frequently hear is: “Do I need to charge and pay...
At Faturoti Taiwo and Co., we’ve tested and implemented accounting solutions for hundreds of Lagos businesses. As Nigeria’s digital economy grows, using the right accounting software has become critical...