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What export-related tax incentives and exemptions are available to Nigerian exporters?
Posted : 29/04/2024 4:46 pm
Here are some of the export-related tax incentives and exemptions available to Nigerian exporters
Companies that are 100% export-oriented are entitled to a three-year tax holiday.-
Profits of companies whose supplies are exclusively inputs to the manufacture of products for export are exempt from tax.
Profits of any Nigerian company in respect of goods exported from Nigeria are exempt from tax.
Export Expansion Grant Scheme, a post-shipment incentive designed to improve the competitiveness of Nigerian products and commodities and expand the country’s volume and value of non-oil exports.
Posted : 01/05/2024 7:46 pm