Why Is Tin Number Important To A Business Owner - Business - Nairaland
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| Why Is Tin Number Important To A Business Owner by Samwise042(m): 11:20am On Jan 15, 2023 |
What exactly is TIN? The Taxpayer Identification Number is a unique number that is assigned to duly registered individuals and companies which identifies them as taxpayers in Nigeria. Why do you need TIN? For one, the Nigerian law mandates individuals and businesses to file their tax returns. The taxpayer identification number is the only way to link your tax payments to you since you will have to quote the digits in all your tax-related transactions. Other reasons why you need to get your TIN include: 1. If you are chasing a government contract You want to obtain a loan from financial institutions 2. You’re opening a corporate bank account 3. You want to register a vehicle 4. To obtain a certificate of occupancy Call or WhatsApp me on 09035595423 |
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