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Politics / Re: Inauguration Of Hon. Simeon Obawale Adebisi (p.hd) As Chairman Governing Counci by muyimart(m): 6:18am On Jul 05
Congratulations daddy

1 Like

Travel / Re: General-german-student-visa-enquiries Part 8 by muyimart(m): 8:31am On Apr 20, 2020
The person must come from Germany,working in Germany and has the ability to sponsor you


ohswagz:
I read thru and I saw that d person must be in Germany and he must book an appointment prior before ....Wanted to ask if d sponsor can come from Naija?..
Travel / Re: General-german-student-visa-enquiries Part 8 by muyimart(m): 12:31am On Apr 14, 2020
Engrkia:

OK bro, but ave u gotten AL for winter semester already and again u haven't heard from dem interms of AD or the confirmation of ur booking?
Yes I have my AL already,in terms of AD ,I got the confirmation of booking after like 15s....

1 Like

Travel / Re: General-german-student-visa-enquiries Part 8 by muyimart(m): 4:27pm On Apr 13, 2020
Engrkia:
Good day to all and api Easter to the xtain faithful in the house. Pls concerning the AD booking, As any Cat B booked?
I booked for CatB on April2 but haven't heard from them yet.

1 Like

Travel / Re: General-german-student-visa-enquiries Part 8 by muyimart(m): 9:48pm On Apr 03, 2020
Pls I don't know whether anybody as applied for Visa appointment for winter2020 under category B?
Education / Re: Can I Still Graduate With a First Class? by muyimart(m): 5:48pm On Oct 07, 2017
AloyalNigerian:

Thanks Bro. I want to be practical now, will having 4.5+ in the remaining semesters do it?
And how did you do yours?
Thanks.
Having 4.5 in the remaining semesters can not do it, but u need nothing less than 4.8 in the remaining semesters . Goodluck.
Business / Re: How To Apply For A Tax Identification Number (TIN) In Nigeria by muyimart(m): 4:53pm On Oct 07, 2017
deturla:
I have been receiving a lot of calls in recent times about how to apply for TIN in Nigeria. You will find in here all the detailed steps you need to know to apply for your tax identification number.

This is going to be a long read, but please take out time to read this since you NEED IT!


How to apply for TIN

Are you a Nigerian citizen working for a private organization or with the government. You own a business or you have the intention to start one? It is important that you know what a tax identification number is, and not only know but you also possess one.

A lot of small business owners believe that registrating their companies, business names with the CAC is all they need to be known as serious business men/women. However for an entity to be recognized in Nigeria, it goes way beyond registering with the CAC, but also registering for tax.

I have been receiving a lot of calls in recent times about how to apply for TIN in Nigeria. You will find in here all the detailed steps you need to know to apply for your tax identification number.

How to apply for TIN?

Are you a Nigerian citizen working for a private organization or with the government. You own a business or you have the intention to start one? It is important that you know what a tax identification number is, and not only know but you also possess one.

A lot of small business owners believe that registrating their companies, business names with the CAC is all they need to be known as serious business men/women. However for an entity to be recognized in Nigeria, it goes way beyond registering with the CAC, but also registering for tax.

I have your attention right? Let’s start with identifying what exactly is a taxpayer identification number (TIN).

What is a TIN?

The tax identification number (TIN) is a unique identifier for an individual or a company for the specific purpose of tax remittance. The TIN number is prepared by the tax office and issued to individuals or registered business / incorporated companies for proper identification and verification.

Why do I need a TIN?

As a business or individual, TIN is important because that is what shows that you are a registered tax payer in Nigeria, and as you know that tax payment is made compulsory, every company, business, individual must have their own unique tax identification number. After completion of registration with the tax office, the entity or individual is issued a TIN.

Remember that registration for tax is a legal obligation for everyone who is required by LAW to remit taxes in Nigeria.

If your company or business operates for profit and income is generated from Nigeria, then you are required by law to apply for TIN. Please note that incorporated trustees DO NOT require TIN! Take note of THIS!

Do I hear you ask again, why you need a TIN?

What else do I need a TIN for apart from tax identification?

There are other important things that a TIN can be used for apart from identifying a business or individual as a registered tax payer. These things are equally important as well:

1. Opening a of business account
2. Application for government loans
3. For foreign exchange and receipt of capital importation into the country
4. A TIN is necessary for licenses relating to trade, import and export
5. Registration of cars
6. Certificate of occupancy application
7. To obtain the Tax clearance certificate for individuals and companies which shows that you are a tax compliant business
8. To obtain tax incentives, tax waivers and certain tax allowances. Remember the recent pioneer incentive given to TSTV Africa?

How much will it cost me to apply for my TIN?

Applying for TIN is totally free IF YOU DO IT ON YOUR OWN and if you have not incurred any tax penalty based on the time-frame given according to the LAW to obtain your TIN, either as an individual or as a company. There are no fees to be paid unless you intend to employ third parties to assist you in registering and obtaining the TIN.

There could be a lot of bottlenecks in the back and forth involved in liaising with the tax authorities for the receipt of your TIN. It will be better to shift the responsibilities on a third party so you can focus on more strategic aspects of the business.

Application for TIN as a registered company

All registration statements have been made by the Joint tax board on registering for the TIN. If you are also the tech savvy business person, you can do all your TIN registration online by checking the FIRS service platform.

You need to know the various documents you would need to apply for TIN as a company already incorporated. Head over to the Federal Inland Revenue Service office closest to your company’s registered address in the list that is here, with certain documents.

For Registered business names

Also, if you are a registered business name and not an incorporated company. Then you need to apply for your TIN via the VAT registration, there was a recent unification by the FIRS office whereby your VAT number will double as your TIN registration number.

Also, in some situations, registration for TIN also comes simultaneously as registration for companies income tax and also value added tax as stated above. This can be possible if your incorporated business or company has been in operation within six months.

As soon as you receive your TIN, this should be displayed on all your official documents especially instruments of business/ financial transactions like your invoices. This is extremely key and important in the eventuality of a tax audit by any of the tax offices. The fact that the tax office now operates an integrated tax office now makes everything easy for tax payers.

How to apply for TIN: Individuals

Application for TIN as an individual

You have to head over to the nearest Inland Revenue Office along with the original and photocopies of your national recognized ID card like your driver’s license, permanent voters’ card, International passport etc.

You will also be required to complete and submit an application form.

PLEASE NOTE THAT THE TIN OF AN INDIVIDUAL IS DIFFERENT FROM THE TIN FOR A BUSINESS NAME OR A INCORPORATED COMPANY.

https://www.taxprof.com.ng/how-to-apply-for-tin-in-nigeria/


,

Thanks for the post,am having problem with TIN collection, i have a registered company already, when i got to osogbo TIN office i was asked to bring TAX CLEARANCE, I went to clearance office/local gov where the company was located , i was asked to pay 55k for tax clearance.
Celebrities / Re: Rotimi Makinde's House Marked For Demolition By Ogun Government(Photos) by muyimart(m): 10:52pm On Aug 30, 2017
Gate to adegbayi self

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