Tax Compliance & Advisory
We understand that tax compliance and planning can be daunting for businesses and individuals alike. Our team is dedicated to providing comprehensive tax compliance and advisory services tailored to meet each client's unique needs. With our expertise, you can navigate the complexities of tax regulations with confidence, ensuring that you remain compliant while optimizing your tax position. Our tax compliance and advisory services include:
Corporate Tax
We work with corporate taxpayers to ensure that the tax liability in their audited accounts is correctly stated yearly to prevent your exposure to possible future liabilities and penalties and assist them to navigate the complexities and nuances of the various taxes chargeable on their company’s income, such as company income tax, education tax, petroleum profit tax, where applicable, and so on.
Key aspects of our company income tax include computing annual company capital allowances and tax liabilities, ensuring the utilization of your withholding tax credits, making annual returns to the tax authorities, obtaining corporate tax clearance certificates, processing certificates of acceptance for all capital expenditure to be able to claim capital allowance, and generally advising on other levies and taxes due.
Personal Tax
We partnered with individual taxpayers, who are mostly business owners, salaried individuals, freelancers, contractors, directors, entrepreneurs, or retirees, not only to ensure their stress-free, satisfactory, and mandatory tax compliance but also to ensure that their exposure to tax liabilities is mitigated.
Among many others, we get them and their businesses registered with the federal and relevant state tax authorities for pay-as-you-earn (PAYE), withholding taxes, and VAT purposes. We assist them in structuring their earnings and salaries, computing and determining the correct amount of tax payable and remitting the same to the relevant tax authority, file their monthly and annual tax returns, obtain tax clearance certificates, file directors’ annual returns, and process their tax clearance certificate, and as well liaise with tax authorities on your behalf to resolve possible tax issues.
Personal Tax
We partnered with individual taxpayers, who are mostly business owners, salaried individuals, freelancers, contractors, directors, entrepreneurs, or retirees, not only to ensure their stress-free, satisfactory, and mandatory tax compliance but also to ensure that their exposure to tax liabilities is mitigated.
Among many others, we get them and their businesses registered with the federal and relevant state tax authorities for pay-as-you-earn (PAYE), withholding taxes, and VAT purposes. We assist them in structuring their earnings and salaries, computing and determining the correct amount of tax payable and remitting the same to the relevant tax authority, file their monthly and annual tax returns, obtain tax clearance certificates, file directors’ annual returns, and process their tax clearance certificate, and as well liaise with tax authorities on your behalf to resolve possible tax issues.
Transaction Taxes
Despite exemptions given to some businesses on transaction taxes based on their sizes and incomes in Nigeria, we perfectly understand the importance of monthly filing compliance and the dangers of failure to file. We, therefore, partner with our clients to ensure accurate computations, proper and timely compliance with transaction taxes by proper keeping of VAT records and filing of VAT returns monthly, remitting VAT charges and claiming refunds where applicable, computing and reviewing of monthly withholding taxes, advice on withholding taxes payable, preparation of withholding tax schedules, and assist in resolving VAT and Withholding taxes issues.
Transfer Pricing
Our firm understands the significant impact of transfer pricing on businesses’ tax liabilities and compliance obligations in Nigeria and beyond. Our dedicated experts provide comprehensive transfer pricing tax compliance and advisory services tailored to meet the unique needs of our clients. We work with them to develop transfer pricing policies that reflect their business model and comply with regulations, conduct risk assessments to identify potential transfer pricing risks and recommend strategies to mitigate them, prepare robust transfer pricing documentation that meets the requirements set forth by the Federal Inland Revenue Service (FIRS) and the Organization for Economic Co-operation and Development (OECD) guidelines, conducts thorough benchmarking studies to establish arm's length pricing for their intercompany transactions, ensure compliance with regulatory standards, provide support in the preparation and filing of necessary transfer pricing returns and disclosures, and provide expert guidance and representation to help resolve issues efficiently in the event of disputes on transfer pricing with tax authorities.
Tax Strategic Development
We assist taxpayers in crafting strategic tax plans that align with their business goals and help them structure and organize their financial affairs, transactions, and operations in a tax-efficient manner to identify opportunities for reducing tax obligations within the framework of the laws.
Tax Inquiries Representation
We represent our clients when they are subjected to tax inquiries such as tax audits and investigations by tax authorities. This includes helping them to understand their rights and responsibilities and assisting in reviewing their financial records, tax returns, and other relevant documents to ensure accuracy and compliance with tax laws. We also serve as the primary point of contact with tax authorities to handle all communications and negotiate a favorable resolution with tax authorities to seek to minimize tax liabilities and waive interest and penalties in a manner that is fair and compliant with tax laws.
Expatriates Tax Compliance
Our professionals have expertise and experience in assisting expatriates to fulfil their tax compliance obligations in Nigeria as foreign nationals working within borders. We assist them, among many others, to determine their residency status, taxable incomes, filing and payment of taxes, exemptions, and reliefs, how double taxation treaties may impact their tax obligations, and planning of their tax obligation affairs.
Transaction Advisory
We assist our clients to understand and navigate the intricate tax considerations that may arise because of some transactions to ensure that they are conducted in a tax-efficient manner and in compliance with relevant laws and regulations. Before undertaking significant business transactions and financial dealings, such as acquisitions, mergers, divestitures, restructurings, borrowings, and other complex transactions, we provide expert guidance and analysis regarding the tax implications of significant financial dealings.
Tax Implication Analysis
We often assist our clients to guide them on tax implications when they are making some business decisions or entering into agreements. Such decisions or agreements could have a significant impact on their companies’ immediate or future tax costs. We help to review such business plan or agreements while in negotiations vis-a-vis their corporate structuring and tax exposures and advise on more tax-effective structures to implement to protect the company’s interest in the same.
Tax Training and Seminars
We understand the critical importance of staying abreast of the latest developments and best practices in the ever-evolving landscape of taxation. We therefore render to our clients, when requested, comprehensive tax training and seminar services tailored to the specific needs of their organizations. Our training and seminar services are designed to provide their staff and team with the knowledge and skills necessary to navigate complex, ever-changing tax regulations, optimize tax planning strategies, and ensure compliance with the latest legal requirements.
Partner with Us Today
We go beyond numbers—we provide insights, strategies, and financial clarity to help your business succeed.