Hi Nlamders please I would love to know what the tax rate and how it’s calculated maybe I’m wrong in my calculation because I made some research online and saw 24% and I would like to know is this 24% applied to just my profit or from company investment or is it taxed on total money.

I would really love to understand the taxation, I believe it’s the FIRS that controls this but I can’t get a substantial info online.

I just incorporated a company and headed straight to the bank to open corporate account, my guy who is working in the bank told me it’s better that I just registered business name because of the company grows. Tomorrow they will use tax to kill me, that the FIRS will even be calling you on phone. That’s the reason I’m trying to understand the whole tax thing because waiting for another 2 weeks to register business and then to the bank again and have to wait, that’s really too much of time.

So who can explain the tax things for me.