Nigeria introduced Value Added Tax in December 1993. The rules for compliance and returns are contained within the VAT Act 1993.
VAT is administered by the Federal Inland Revenue Service (FIRS). Import VAT is administered and collected by the Customs Services.
Should you register for Nigerian VAT?
The following supplies require businesses to VAT register with the FIRS:
- Supply of goods and services which are otherwise not exempted by the VAT Act
- Imports of goods into Nigeria
International VAT for Dummmies
International VAT for dummies, Avalara Special Edition is your introduction to the vast and complicated world of international VAT.