🇳🇬 Nigeria Tax Guide - Income Tax, Corporate Tax & Special Regimes

Top income tax 25.0% Worldwide system

Corporate tax 30.0%

VAT 7.5% standard rate

Tax residency 183 days 16 tax treaties

Nigeria tax profile

Data year: 2026

Tax system: Worldwide Residents are taxed on worldwide income under the Nigeria Tax Act 2025 (effective 1 January 2026). Non-residents are taxed on Nigerian-source income. Federal CIT applies to companies; individuals and unincorporated businesses also face state-level personal income tax administered by state internal revenue services.
Top PIT rate: 25.0%
Corporate tax rate: 30.0%
VAT: 7.5%
Capital gains tax: 25.0% Chargeable gains form part of an individual's total income and are taxed at the progressive PIT rates (0% to 25%), replacing the former 10% CGT. Company gains are taxed at the applicable CIT rate (30% for large companies). Gains on disposal of shares in Nigerian companies may be exempt where disposal proceeds are below NGN 150 million and the chargeable gain does not exceed NGN 10 million in any 12 consecutive months, subject to reinvestment and other conditions in the Act.
Social security (employee): 8.0%
Social security (employer): 10.0%
Dividend withholding: 10.0%
Interest withholding: 10.0%
Royalty withholding: 10.0%
Treaty count: 16

Personal income

Personal income brackets
Bracket min	Bracket max	Rate	USD equivalent
NGN 0	NGN 800,000	0.0%	$0 – $533
NGN 800,000	NGN 3,000,000	15.0%	$533 – $2,000
NGN 3,000,000	NGN 12,000,000	18.0%	$2,000 – $8,000
NGN 12,000,000	NGN 25,000,000	21.0%	$8,000 – $16,667
NGN 25,000,000	NGN 50,000,000	23.0%	$16,667 – $33,333
NGN 50,000,000	and above	25.0%	$33,333 +

Days threshold: 183 days
Residency rules: An individual is resident if domiciled in Nigeria, maintains a permanent home or habitual abode in Nigeria, spends at least 183 days in Nigeria in any 12-month period (including temporary absences), has substantial economic or immediate family ties in Nigeria, or serves as a Nigerian diplomat abroad. Non-residence requires all of the inverse conditions to be met simultaneously.
Exit tax: No
CFC rules: Yes Where a foreign company controlled by a Nigerian company does not distribute profits, attributable undistributed profits may be deemed distributed and included in the Nigerian company's profits (NTA s.6). PwC describes CFC rules that can treat undistributed foreign subsidiary profits as dividends taxed up to 34%. Minimum effective tax and foreign top-up rules also apply to large companies and multinational groups.

Nigeria Tax Act 2025 (National Assembly) (accessed Oct 9, 2026) Fourth Schedule PIT bands; s.6 CFC attribution; chargeable gains in Part VIII
PwC Worldwide Tax Summaries - Nigeria (accessed Oct 9, 2026) Headline rates, reform timeline, 16 DTTs in force, CGT harmonisation
PwC Nigeria - Taxes on personal income (accessed Oct 9, 2026) 2026 PIT bands, minimum wage PAYE exemption, residency
PwC Nigeria - Income determination (accessed Oct 9, 2026) Chargeable gains taxed at progressive PIT rates
PwC Nigeria - Taxes on corporate income (accessed Oct 9, 2026) CIT 30% / 0% small company, development levy, minimum ETR
PwC Nigeria - Group taxation (accessed Oct 9, 2026) CFC deemed distribution rules

Oct 9, 2026
- Capital gains tax rate 30 25
- Brackets updated
Refreshed for NTA 2026 — PIT brackets, CGT harmonisation, NRS authority, `treaty_count`, sources, residency/CFC/filing prose (https://nass.gov.ng/documents/download/11249) (https://taxsummaries.pwc.com/nigeria/individual/taxes-on-personal-income).

AL Albania Unique Permit for Digital Mobile Workers	$610/mo
EC Ecuador Digital Nomad Visa (Visa Nómada)	$1,446/mo
ME Montenegro Digital Nomad Residence Permit	$1,460/mo
MU Mauritius Premium Visa	$1,500/mo

GE Georgia Small Business Status (1% Tax)	1%
JE Jersey High Value Resident (HVR)	1%
UZ Uzbekistan IT Park Resident Status	1%
SO Somalia Presumptive Tax Regime (PTR)	1.5%