LIRS Company Registration in Lagos State

LIRS Company Registration in Lagos State

August 04, 2022

A company is required to register for taxes in Nigeria, also individuals, employees, partnerships, and communities pay personal income tax in Nigeria. Personal Income tax is payable to the relevant tax authority. Tax residents in Lagos State usually pay tax to the Lagos State Internal Revenue Service (LIRS). The taxes and other levies payable to LIRS include PAYE tax, withholding tax, business premises levy, development levy. We will however, focus on how to register for tax with the Lagos State Internal Revenue Service. To register your company or business the following steps would be taken:

  1. Search for the nearest LIRS office using the addresses on https://lirs.gov.ng/contact#locate_us
  2. An official application for PAYE tax registration including the response to LIRS questionnaire
  3. A copy of the following documents:
  1. For companies – Memorandum and Articles of Association, Certificate of Incorporation, and Form CAC 1.1 (Status report). Formerly, Form CAC 7 (Particulars of the Company’s Directors) and CAC 2 (Statement of share capital and return of allotment of shares).
  2. For enterprises – Business Name Registration Certificate and Form 1.1. Formerly, Form CAC 7.
  3. Utility bill
  4. Rent agreement
  5. Tax clearance of the directors
  6. Staff payroll
  7. Evidence of payment for development levy
  8. After registration, LIRS will issue a taxpayer ID and the details for remitting tax.

Team 618 Bees

 

618 Bees can quickly and easily help you register your business with the LIRS for taxes. Log on to our website www.618bees.com or email hello@618bees.com, or give us a call on +2349017190079. 618 Bees will complete your application with the Lagos State Inland Revenue Service.

 

The information in this blog post (“post”) is provided for general informational purposes only, no information contained in this post should be construed as legal advice, nor is it intended to be a substitute for legal counsel on any subject matter. No reader of this post should act or refrain from acting on the basis of any information included in, or accessible through this post without seeking the appropriate legal or professional advice from the particular facts and circumstances at issue from a lawyer. This post is protected by intellectual property law and regulations. It may however be shared using appropriate sharing tools provided that our authorship is always acknowledged and this Disclaimer Notice attached

More Articles

Search

Connect With Us

Got any questions?

If you are having any questions, please feel free to ask.

Send us an email

Frequently Asked

  • Why must I file Annual Returns?

    It is a mandatory statutory requirement under the Companies and Allied Matters Act to file Annual Returns yearly. 
  • What’s the difference between a business name and an LLC?

    • A business name is a sole proprietorship, usually owned and managed by one individual only. Legally, the sole proprietor and his business are one. It simply means an individual trading with an alias. The sole proprietor is personally liable for all business related obligations.

    • A limited liability company on the other hand is a separate business entity from the individuals that hold its shares and act as directors. Legally, it’s a separate business entity and a person on its own who can transact business, own property separate from its owners and can sue or be sued. 
  • What is a testimonium clause in an agreement?

    This is the part of the agreement where the witness attests to have witnessed the execution of the agreement.
  • If I have NAFDAC Registration number, do I still need SON registration number?

    SON Product Registration scheme is mandatory for all SON’s regulated products as mandated by SON Act 56 of 1971, 20 of 1984, 18 of 1990 as amended.

    This is irrespective of the registration done by NAFDAC
  • Is it legal to transfer the personal data you obtained legally to another person?

    No, its not legal. This is because the law prohibits anyone from transferring the data of a third party to another person without consent from the third party to do same even if the data was rightfully obtained in the first instance.
  • Does copyright protect website Domain names?

    No, copyright does not protect domain names.
  • What are the product categories available when registering with NAFDAC?

    The product categories include: Food, Cosmetics, Drug, Medical Device, Agro-Chemicals & Pesticide, Veterinary Products, Vaccines & Biologicals, Herbal and Nutraceuticals and Water
  • Can a minor be a company director?

    No, a minor cannot be a director. A minor under Nigerian Law is anyone who is below 18 years of age.
  • How long does a trademark registration in Nigeria Last?

    Trademark is valid for seven years from the date of application but you may renew the application for the trademark for an additional period of 14years.
All FAQs
Call Us Now on +234 901 719 0079 Chat on WhatsApp