- Nigeria’s Federal Inland Revenue Service (FIRS) has adopted the Peppol framework for structured e-invoicing, making it mandatory for large taxpayers (annual turnover > ₦5 billion) from November 1, 2025.
- B2B transactions require pre-clearance: invoices must be validated and digitally signed by FIRS before issuance; B2C transactions over ₦50,000 require post-reporting within 24 hours.
- Integration requires compliance with UBL 3.0 or use of the FIRSMBS platform.
- Penalties for non-compliance include ₦200,000, 100% of tax due, plus interest.
- Non-resident suppliers are currently excluded but may be included in 2026.
Source: vatabout.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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