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Procedures To Get TIN No. From FIRS - Business - Nairaland

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Procedures To Get TIN No. From FIRS by peleson: 8:28am On Oct 10, 2013
Please what are the procedures to get a TIN no. for a business name venture registered with CAC from FIRS.
Re: Procedures To Get TIN No. From FIRS by Nobody: 8:49am On Oct 10, 2013
Write an Application Letter to the comptroller general of FIRS with your registered company letter headed paper to obtain a TIN number, take the letter there together with your Incorporation certificate, they will make a copy of it, and give you a form to fill, after which you will be asked to return back to get your TIN.

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Re: Procedures To Get TIN No. From FIRS by andico34: 8:49am On Oct 10, 2013
go to any of their branch office with all of your company documents such as cac certificate memorandum of articles etc company bank details and utility bill. you wil be required to fill a form. no fee payment
Re: Procedures To Get TIN No. From FIRS by Nobody: 8:54am On Oct 10, 2013
andico34: go to any of their branch office with all of your company documents such as cac certificate memorandum of articles etc company bank details and utility bill. you wil be required to fill a form. no fee payment

Bank details are not needed, because before you will have an account with any bank, your TIN number is required to create an account for your registered company, Utility bills are also not needed, because your letter headed paper alone is enough for them to confirm your address.

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Re: Procedures To Get TIN No. From FIRS by Nobody: 8:54am On Oct 10, 2013
You should have the following before you get to firs
*a coloured letter headed paper of your company (this is what you will use to apply for. TIN)
* the cac certificate, original (for sighting) and photocopy
*cac form A1 (that carries the photo(s) of the proprietor (s)) photocopy and original
*cac form 6 (that indicates the BN no) photocopy and original
*a company rubber stamp (you will need that to stamp the firs forms)
*on the firs form (VAT), you will be asked for company bank account, if you have one (I doubt this, cos most banks will ask for your TIN number before opening such) you can write "yet to be opened"
Then as soon as you get your TIN number, you can now go and open the account (just make sure you get a company seal ready)

I think I have covered all the basics!
Goodluck


Oh! TIN registration is FREE!!! Plus, I do not work for firs nor cac, I just shared my own experience when I did mine in august this year!

*when filling the forms, if you don't understand anything, leave it blank, cos when you are submitting it, the tax officer will tell you what to write e.g auditors (yet to be appointed) the bank acc I mentioned earlier etc
Cheers

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Re: Procedures To Get TIN No. From FIRS by peleson: 10:06am On Oct 10, 2013
kaeyame: You should have the following before you get to firs
*a coloured letter headed paper of your company (this is what you will use to apply for. TIN)
* the cac certificate, original (for sighting) and photocopy
*cac form A1 (that carries the photo(s) of the proprietor (s)) photocopy and original
*cac form 6 (that indicates the BN no) photocopy and original
*a company rubber stamp (you will need that to stamp the firs forms)
*on the firs form (VAT), you will be asked for company bank account, if you have one (I doubt this, cos most banks will ask for your TIN number before opening such) you can write "yet to be opened"
Then as soon as you get your TIN number, you can now go and open the account (just make sure you get a company seal ready)

I think I have covered all the basics!
Goodluck


Oh! TIN registration is FREE!!! Plus, I do not work for firs nor cac, I just shared my own experience when I did mine in august this year!

*when filling the forms, if you don't understand anything, leave it blank, cos when you are submitting it, the tax officer will tell you what to write e.g auditors (yet to be appointed) the bank acc I mentioned earlier etc
Cheers
Pls how many days does it (TIN) take to come out after completing all these?
Re: Procedures To Get TIN No. From FIRS by israel007: 11:29am On Oct 10, 2013
Same day.


After we did our company registration, I went to the bank GTBank to open an account. Their corporate account opening requirement isn't as stringent and unnecessary like the other bank. When we got there, they requested for a TIN which we didn't have so we had to go the FIRS to go apply. On getting there, they asked where our registered office is and upon telling them it was in lekki, we were directed to their island office. When we got there, see wahala. They were asking for things even CAC didn't ask us. And one week later we were still on it. I went to the bank and I was referred to their contact person who charged us 1k. We paid at about 10 am and by 2 pm of same day they were calling us to come collect our certificate.

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Re: Procedures To Get TIN No. From FIRS by Nobody: 11:31am On Oct 10, 2013
israel007: Same day.


Brb I'll tell u my experience

Oga it's not guaranteed to be same day, it all depends on the branch, how effective and customer concerned they are. although mine was next day, but i have seen some people whom theirs took more than 3days
Re: Procedures To Get TIN No. From FIRS by Jensenelizz(m): 11:32am On Oct 10, 2013
We dey pay tax for naija?
Re: Procedures To Get TIN No. From FIRS by israel007: 11:38am On Oct 10, 2013
Jensen_elizz: We dey pay tax for naija?

You go soon learn.

Withholding Tax 5%

VAT 5%

Income Tax 30%

4 Likes

Re: Procedures To Get TIN No. From FIRS by DisGuy: 11:39am On Oct 10, 2013
no online option?
Re: Procedures To Get TIN No. From FIRS by peleson: 11:39am On Oct 10, 2013
Jensen_elizz: We dey pay tax for naija?
Naija dey pay pieces for tax. FG makes a lot of money from tax I tell u.
5% holding tax after paying 5% VAT is what I don't understand. What is the purpose of holding tax?
Front page tins ! smiley
Re: Procedures To Get TIN No. From FIRS by yomalex(m): 11:40am On Oct 10, 2013
I guess this is for company but if you want your personal one read this (procedures may be similar) =>> http://tipsdome.com.ng/how-to-get-tax-identification-number-tin/
Re: Procedures To Get TIN No. From FIRS by funshiba(m): 11:43am On Oct 10, 2013
israel007:

You go soon learn.

Withholding Tax 5%

VAT 5%

Income Tax 30%

Education tax 2%

1 Like

Re: Procedures To Get TIN No. From FIRS by ladenz(m): 11:44am On Oct 10, 2013
i wanted to be first to comment angry

are all of you just sitting on top of nairaland waiting for a topic to drop.

gerrout joh sad sad sad
grin

5 Likes

Re: Procedures To Get TIN No. From FIRS by funshiba(m): 11:45am On Oct 10, 2013
israel007: Same day.


After we did our company registration, I went to the bank GTBank to open an account. Their corporate account opening requirement isn't as stringent and unnecessary like the other bank. When we got there, they requested for a TIN which we didn't have so we had to go the FIRS to go apply. On getting there, they asked where our registered office is and upon telling them it was in lekki, we were directed to their island office. When we got there, see wahala. They were asking for things even CAC didn't ask us. And one week later we were still on it. I went to the bank and I was referred to their contact person who charged us 1k. We paid at about 10 am and by 2 pm of same day they were calling us to come collect our certificate.



Its not that bad bro,

I did mine within that region aswell.... It was smooth, Ironically my cop account is with GTB and I didnt go thru all those. (Tho i have the account for yrs now).
Re: Procedures To Get TIN No. From FIRS by israel007: 11:47am On Oct 10, 2013
funshiba:

Its not that bad bro,

I did mine within that region aswell.... It was smooth, Ironically my cop account is with GTB and I didnt go thru all those. (Tho i have the account for yrs now).


I shared my experience and we've had the account for yrs as well
Re: Procedures To Get TIN No. From FIRS by Nobody: 11:47am On Oct 10, 2013
eddiebruk: Write an Application Letter to the comptroller general of FIRS with your registered company letter headed paper to obtain a TIN number, take the letter there together with your Incorporation certificate, they will make a copy of it, and give you a form to fill, after which you will be asked to return back to get your TIN.
Protocols!
I filled their online form and even paid to one of the banks they designate and then went to their office with evidence along with my CAC certificate of registration and the rest was history. Though they waisted some days in coming up with the pin due poor network as they said.
Re: Procedures To Get TIN No. From FIRS by legalcode(m): 11:52am On Oct 10, 2013
Just engage the services of a Lawyer to avoid mistakes......una want make hunger kill Lawyers? haba.
Re: Procedures To Get TIN No. From FIRS by godello: 11:54am On Oct 10, 2013
Pls pals i had registered my firm around june and i havn't gone for the TIN number or acct opening. Whats the max duration for obtaining tin number from time of registration. Secondly those that have opened acct hw did get guarantor? Coz thats a difficult task. Pls help thanks.
Re: Procedures To Get TIN No. From FIRS by haladug(m): 11:55am On Oct 10, 2013
@poster, the procedure to obtain a TIN number is so simple cos its FREE and instant. just get all your papers regarding the business name registration to REVENUE HOUSE (FIRS HQ), Project FACT Office (Room 302)and in few minutes your Business details will be captured, TIN number generated and a printout issued to you. #Shikena.... Remember: Its absolutely FREE but be obliged to file returns once you begin business cos IT PAYS TO PAY YOU TAX!!!
Re: Procedures To Get TIN No. From FIRS by Nobody: 11:56am On Oct 10, 2013
Ishsoph:
Protocols!
I filled their online form and even paid to one of the banks they designate and then went to their office with evidence along with my CAC certificate of registration and the rest was history. Though they waisted some days in coming up with the pin due poor network as they said.

What did you pay for...? TIN application is free.
Re: Procedures To Get TIN No. From FIRS by mikeywise(m): 11:56am On Oct 10, 2013
@op, whats the address of the registered company or the business address. I will be able to give u more info if the above question is answered.

I see many incorrect info on this thread, am going to clear them very soon.

By the way, TIn is free.
Re: Procedures To Get TIN No. From FIRS by Nobody: 11:57am On Oct 10, 2013
godello: Pls pals i had registered my firm around june and i havn't gone for the TIN number or acct opening. Whats the max duration for obtaining tin number from time of registration. Secondly those that have opened acct hw did get guarantor? Coz thats a difficult task. Pls help thanks.

You get obtain your TIN at anytime
Re: Procedures To Get TIN No. From FIRS by Nobody: 11:58am On Oct 10, 2013
legalcode: Just engage the services of a Lawyer to avoid mistakes......una want make hunger kill Lawyers? haba.

Funny
Re: Procedures To Get TIN No. From FIRS by haconni(m): 11:59am On Oct 10, 2013
[quote author=kaeyame]You should have the following before you get to firs
*a coloured letter headed paper of your company (this is what you will use to apply for. TIN)
* the cac certificate, original (for sighting) and photocopy
*cac form A1 (that carries the photo(s) of the proprietor (s)) photocopy and original
*cac form 6 (that indicates the BN no) photocopy and original
*a company rubber stamp (you will need that to stamp the firs forms)
*on the firs form (VAT), you will be asked for company ban

Brillant one!
Re: Procedures To Get TIN No. From FIRS by mikeywise(m): 12:02pm On Oct 10, 2013
israel007:

You go soon learn.

Withholding Tax 5%

VAT 5%

Income Tax 30%

Sorry sir, your post is misleading, withholding tax is not a tax on its own but is deducted as a payment on account or deposit against future companys income tax liability.
Re: Procedures To Get TIN No. From FIRS by mikeywise(m): 12:12pm On Oct 10, 2013
peleson: Please what are the procedures to get a TIN no. for a business name venture registered with CAC from FIRS.

TIN is Taxpayers Identification Number.
REQUIREMENTS FOR PROCESSING TIN.

FOR A COMPANY:
1.Incorporation Number
2.Name of company
3. Business address
4. Registered address
5. Line of business
6. Date of Incorporation
7. Date of commencement of business
8. Financial year end

You will have to take The certificate of incorporation with u.

Remember, the tax office to go to depends on the business address of the company. Hope this helps.

1 Like

Re: Procedures To Get TIN No. From FIRS by JideTheBlogger(m): 12:15pm On Oct 10, 2013
Simple..

I went to GTB to Open a corporate acct with my business name. The guy told me I need TIN. Begged him to help me process it. I gave him copies of my docs and I got my TIN after 3wks.

1 Like

Re: Procedures To Get TIN No. From FIRS by Nobody: 12:16pm On Oct 10, 2013
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Re: Procedures To Get TIN No. From FIRS by israel007: 12:17pm On Oct 10, 2013
mikeywise:

Sorry sir, your post is misleading, withholding tax is not a tax on its own but is deducted as a payment on account or deposit against future companys income tax liability.


Isn't it deductible at source from one's money? Isn't that you paying a form of tax?
Re: Procedures To Get TIN No. From FIRS by Nobody: 12:18pm On Oct 10, 2013
JideTheBlogger: Simple..

I went to GTB to Open a corporate acct with my business name. The guy told me I need TIN. Begged him to help me process it. I gave him copies of my docs and I got my TIN after 3wks.

Bankers help their clients o get TIn because they want to meet their target of opening accounts. Most bankers and tax consultant usually help clients to do this.

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