Legally Required Document

Applicable to: Forestry industries

Holder of Document: Forestry Operators, Timber Harvesters, Timber Contractors 

Signature required by:
Federal Inland Revenue Services (FIRS) Integrated Tax Offices (ITO) located in the relevant state.

Key considerations when checking the doc:
Is the name the same as that shown on the business registration certificate?

Is the tax registration code the same as that shown on the invoice issued by the tax registration certificate holder?

Is the certificate valid?

Is the business scope the same as it is on the business registration certificate?

Purpose and content of document:
According to Company Income Tax Act of Nigeria, Tax Clearance certificates are legally required as evidence of a company’s tax payment and this is linked to the company’s bank account. Contents of the tax clearance certificate are tax registration code, approval authority, name and address of taxpayer, business scope.