- FIRS announced a three-month extension for large taxpayers to comply with Nigeria’s National E-Invoicing and Electronic Fiscal System
- New compliance deadline is 1 November 2025, extended from 1 August 2025
- Large taxpayers are companies with annual turnover of at least ₦5 billion or approximately $3.1 million USD
- Extension allows more time for system integrations, staff training, and compliance procedures
- Acknowledges technical and operational challenges faced by businesses
- Phased roll-out planned to eventually include medium taxpayers and others
Source: sovos.com
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- Extended E-Invoicing Deadline: The Federal Inland Revenue Service (FIRS) of Nigeria has announced a three-month extension for large taxpayers to comply with the e-invoicing mandate, moving the deadline to November 1, 2025.
- Launch of Electronic Fiscal System: The Electronic Fiscal System (EFS) was successfully launched on August 1, 2025, but the initial compliance deadline was deemed too soon, prompting FIRS to allow additional time for businesses to properly onboard and integrate with the new system.
- Encouraging Compliance: The extension reflects FIRS’s acknowledgment of the operational challenges faced by taxpayers in meeting the original deadline and aims to foster voluntary compliance as the e-invoicing mandate will eventually be expanded to include medium and smaller taxpayers.
Source Pagero
FIRS Extends Deadline for e-Invoicing Onboarding to November 1, 2025
- Extended Compliance Deadline: The Federal Inland Revenue Service (FIRS) of Nigeria has extended the onboarding deadline for large taxpayers under the Merchant-Buyer Solution (MBS) e-invoicing regime from August 1, 2025, to November 1, 2025, acknowledging operational challenges faced by businesses.
- Strong Uptake of E-Invoicing Platform: Since the MBS platform went live on August 1, 2025, approximately 1,000 large companies have successfully onboarded, representing about 20% of eligible firms, reflecting a strong initial adoption rate.
- Support for Remaining Taxpayers: FIRS is collaborating with the National Information Technology Development Agency (NITDA) and accredited service providers to assist the remaining taxpayers in integrating with the e-invoicing system, emphasizing the agency’s commitment to facilitating a smooth transition and encouraging voluntary compliance.
Source SNI
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
