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Credovo Professional Services Profile picture
Credovo Professional Services
@credovoNG
Credovo offers various professional services from tax advisory, audit and transfer pricing to resident and non-resident companies doing business in Nigeria
Mar 25, 2019 • 7 tweets • 1 min read
Tax Incentives for Startups in Nigeria

Having a great business idea is not enough to build a successful business. Nigeria has various tax incentives to drive investment in key sectors of the economy. Below are tax incentives you can take advantage of; 1. Investment allowance- Companies that invest (that is acquires) in plant and equipment enjoys 10% of the cost of the asset as investment allowance which can be deducted from their assessable profit before calculating the tax payable.
Mar 23, 2019 • 12 tweets • 2 min read
Startups and Regulatory Requirements in Nigeria.

Are you planning to start a business or recently started one, below are step by step process to help you manage the regulatory requirements and avoid penalties. 1. Register your business with the Corporate Affairs Commission (CAC) either as a Limited Liability Company or an Enterprise.