Value Added Tax (VAT) Registration in Nigeria

Value Added Tax (VAT) Registration in Nigeria

August 04, 2022

This is a tax imposed on the supply of goods and services, under the Nigerian Tax law, VAT is fixed at 7.5% of the value of the taxable goods and services.

Section 8 of the Value Added Tax Law, which was amended by the Finance Act 2020, states that a taxable person shall upon commencement of business register with the FIRS (federal Inland Revenue Service) and failure to register within the specified period shall be liable to pay N50, 000 (Fifty Thousand Naira) for the first month and N25, 000 (Twenty Five Thousand Naira) for the subsequent months of default.

The requirements for the registration of a limited liability company includes;

  1. The Memorandum and Articles of Association of the company.
  2. Certificate of Incorporation, CAC2 and CAC 7A (Incorporation documents).
  3. Duly completed and stamped VAT registration form.
  4. Utility Bill.
  5. Application letter on Company’s Letterhead.


For Business Names the following documents are required:

  • Business Name registration certificate.
  • Duly completed and stamped VAT registration Form.
  • Utility Bill.
  • Application letter on Letterhead



Team 618 Bees


618 Bees can quickly and easily help you register for VAT and obtain your certificate. Log on to our website or email, or give us a call on +2349017190079. 618 Bees will complete your application with the Federal Inland Revenue Service (FIRS).


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

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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. 

  • Must my Company Secretary be a Lawyer?

    Although it’s ideal to have a lawyer as a company secretary, it is not compulsory for small private businesses.

  • Why is mutual assent important in a contract?

    This is one of the key elements of a contract because is shows the meeting of the minds of both parties

  • What will happen if I buy the wrong category of forms with NAFDAC?

    Nothing, the purchased form will be in your account for future use.


  • What is data protection?

    Data protection is a legal process of protecting sensitive data.

  • When registered, how long does a patent last for?

    Once granted, a patent is valid for 20 years.

  • Can I process/register multiple products at NAFDAC at the same time?

    Yes, you can process/register multiple products at the same time

  • How many shareholders do I need to start a company?

    A minimum of one (1) adult shareholder is required to form a company.

  • 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.

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