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Registering your business with the Corporate Affairs Commission (CAC) is only the first step. In 2026, the moment your business is incorporated, it is automatically assigned a Tax Identification Number (TIN). This ‘Birth Certificate’ for your business comes with immediate legal obligations.
Key Obligations for Registered Entities
- Limited Liability Companies (Ltd): Must file Company Income Tax (even if dormant).
- Business Names (Enterprises): Owners must pay Personal Income Tax on business profits.
- VAT: If your turnover is above ₦50M, you must charge and remit VAT.
For a detailed breakdown of what to do after registration, see our Post-Incorporation Checklist. For more on the authorities involved, read Federal vs State Taxes. Visit CAC Nigeria and the NRS to confirm your records match.”