The Federal Inland Revenue Service (FIRS) of Nigeria recently published Information Circular No.: 2021/19 on Guidelines on Simplified Compliance Regime for Value Added Tax (VAT) for Non-Resident Suppliers (NRSs). The issued guidance, dated 11th October 2021, relates to goods and services provided by persons (i.e., natural persons, trusts, partnerships, corporations, companies, and any other persons) not physically present, located or represented in Nigeria to businesses (B2B) or consumers (B2C) in Nigeria through electronic or digital means.
Source: globalvatcompliance.com
