Nigeria - 2020 - Trade, Industry, and Investment

Companies Income Tax (Significant Economic Presence) Order, 2020

Ministry of Industry, Trade and Investment, Nigeria

The Order defines the concept of “Significant Economic Presence” as it relates to the taxation of non-resident companies under the Companies Income Tax Act (CITA) as amended by the Finance Act, 2019.

Process Flow

National Assembly ⬤

Office of the President ⬤

Contacts

Approver

Ahmad Lawan

Senate President

National Assembly

Approver

Muhammadu Buhari

President of the Federal Republic of Nigeria

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Companies Income Tax (Significant Economic Presence) Order, 2020 Current Version

January 2022

The Order defines the concept of “Significant Economic Presence” as it relates to the taxation of non-resident companies under the Companies Income Tax Act (CITA) as amended by the Finance Act, 2019.

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