- Introduction of Mandatory E-Invoicing: The Federal Inland Revenue Service (FIRS) has officially mandated e-invoicing via the Electronic Fiscal System (EFS) for large taxpayers, effective August 1, 2025, following a successful pilot phase that began in November 2024.
- Definition and Requirements for Large Taxpayers: Large taxpayers, defined as businesses with an annual turnover of ₦5 billion (approximately EUR 3 million) or more, must register on the e-invoicing platform, integrate their invoicing systems with the FIRS platform, and generate, validate, and transmit e-invoices according to specified Merchant-Buyer model standards.
- Transition from Pilot to Production: Taxpayers who participated in the pilot phase will transition to the production environment starting in August 2025, with FIRS providing necessary integration documentation, system requirements, and additional resources to facilitate the process.
The integration documentation, system requirements, FAQs and additional resources are available here.
Source Pagero
Nigeria Launches Mandatory E-Invoicing for Large Taxpayers with ₦5 Billion Turnover from August 1
- FIRS announced the launch of a national electronic invoicing regime on August 1, 2025
- The system is for large taxpayers with an annual turnover of ₦5 billion or more
- The e-invoicing regime follows a successful pilot phase that started in November 2024
- During the pilot, FIRS tested the solution with select large taxpayers and engaged stakeholders
- Large taxpayers must register and integrate their invoicing systems with the FIRS platform
- The integration will enable real-time invoice generation, validation, and transmission
Source: kpmg.com
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
