Latest posts
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How VAT is Treated in Gabon?
In Gabon, valued added tax (VAT) applies to taxable supplies of goods and services rendered or used within the country. For businesses, the practical task is to establish whether a transaction falls within the VAT system, identify the appropriate treatment, and account for the resulting liability. The framework described here follows the supplied tax information…
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VAT in Equatorial Guinea
Value-added tax is a central consideration for businesses operating in Equatorial Guinea. It is an indirect consumption tax linked to turnover, covering transactions carried out within the country. The starting position is broad: an operation is taxable unless an exemption appears in the Tax Code or applies through a specific tax regime. Businesses therefore need…
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Nigeria’s Corporate Tax Administration: Filing Deadlines, Payments and Penalties
Managing company taxes in Nigeria involves more than calculating an annual liability. Businesses must keep reliable accounts, meet reporting deadlines and understand which obligations apply to their activities. This guide explains corporate tax filing, VAT reporting, payment arrangements and compliance risks. Tax Registration and Annual Returns Companies must register with the Nigeria Revenue Service (NRS)…
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Mauritania Corporate Tax Filing and Payment Deadlines
How Mauritania determines the tax year Mauritania assesses corporate income tax annually using the profits a company earned in the preceding calendar year. Businesses generally close their books on 31 December, giving them a fixed date for measuring the results that will be reported in the following year. The ordinary year-end rule has an exception…
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Common Tax Mistakes in Ghana and How to Avoid GRA Penalties
A growing customer base does not always mean a business has its finances under control. Behind busy shops, successful deliveries and regular sales, overlooked tax obligations can quietly accumulate. For Ghanaian entrepreneurs, these gaps often become visible when preparing annual accounts, applying for financing or responding to a Ghana Revenue Authority enquiry. Many tax mistakes…
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Accounting Periods and Filing Deadlines for Corporate Tax in Ghana
Ghana’s tax calendar extends from January to December. Businesses using a different accounting cycle are assessed on the financial period that closes within the relevant calendar year. A company must submit its annual income tax return within four months of its financial year ending. Businesses needing additional preparation time can apply for an extension, although…
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Filing Corporate Tax in Gabon: Deadlines, Payments And Audits
Accounting Year and Filing Gabon requires companies to close their financial year on 31 December. Their annual tax returns must cover the preceding calendar year and reach the tax authorities before 30 April. Instalments and Final Settlement Corporate tax payments go to the General Tax Office. Two advance payments fall due on 30 November and…
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Cabo Verde Corporate Tax Filing Deadlines, Advance Payments And Compliance
In Cabo Verde, companies generally follow a January to December tax year. An alternative accounting period requires Ministry of Finance approval, including for foreign businesses with permanent establishments or other economically justified circumstances. Filing and Advance Payments Calendar year taxpayers must submit returns and calculate their final liability by 31 May the following year. Approved…
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Corporate Income Tax (CIT) in Zambia
Establishing Your Company’s Tax Exposure Zambia’s corporate tax framework primarily follows the source of income. Businesses earning income within Zambia generally fall within its tax jurisdiction. For resident taxpayers, the scope also includes interest and dividends received from overseas investments. For a Ghanaian distributor establishing a Zambian operation or a South African engineering company delivering…
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Unsecured Business Loans: Funding Options, Costs And Risks
A business can win new customers and still struggle to pay its immediate bills. Suppliers may require payment before production begins, while clients expect several weeks to settle invoices. Unsecured business financing can help cover this gap without requiring specific property, equipment, or inventory as collateral. However, access to funding should serve a clear commercial…