Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed has confirmed in a public presentation on the approved 2022 Budget, that the 2021 Finance Act was signed into law by President Muhammadu Buhari on December 31, 2021. The Minister confirmed that non-resident digital service companies must register and collect VAT from their Nigerian customers and remit to the Nigerian Federal Inland Revenue Service (FIRS).
Source: Avalara
Latest Posts in "Nigeria"
- Nigeria to Enforce VAT on Non-Resident Digital Services from 2026
- Nigeria Extends E-Invoicing Compliance Deadline for Large Taxpayers to November 2025
- FIRS Launches E-Invoicing Platform to Enhance Tax Compliance and Transparency in Nigeria
- Nigeria Customs Service Transitions from Fast Track Scheme to Authorised Economic Operator Program
- Nigeria Extends E-Invoicing Deadline for Large Businesses to November 2025