Paying Taxes in


Below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as administrative burden in paying taxes and complying with postfiling procedures.

This information was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 190 economies. The most recent round of data collection was completed on June 1, 2016 covering for the Paying Taxes indicator calendar year 2015 (January 1, 2015 – December 31, 2015).

Compare Nigeria to 189 other economies.

  • Taxes by type Answer
    Profit tax (% of profit)
    Labor tax and contributions (% of profit)
    Other taxes (% of profit)
    Answer Score
    Postfiling index (0-100) 17.2
    VAT refunds
    Does VAT/GST exist?
    Frequency of VAT/GST refund submission
    Does a VAT/GST refund process exist per the case study?
    Restrictions on VAT refund process
    Likelihood of VAT audit
    Time to comply with VAT refund (hours)
    Time to obtain a VAT refund (weeks)
    Corporate income tax audits
    Does corporate income tax exist?
    Likelihood of corporate income tax audit
    Time to comply with a corporate income tax audit (hours)
    Time to complete a corporate income tax audit (weeks)
    Administrative appeal process
    First level administrative appeal authority
    Is the appeal authority independent?
    Are appeal guidelines accessible to the public?
    Source of appeal guidelines
    Is there a legal time limit for the appeal authority to issue a decision on the tax appeal?
    Legal time limit