Financial Q&A: Your Questions Answered
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Can I register a business without a lawyer or chartered accountant?
Yes, in 2026 you can absolutely register your business without a lawyer, chartered accountant, or chartered secretary. Under the CAMA 2020 and the newly launched AI-Powered i-CRP Portal (active as of July 2025/2026), the Corporate Affairs Commission has democratized the process to support the "Ease of Doing Business." Here is how the "Self-Service" (DIY) model works for you:
What documents do I need to register a business with CAC?
In 2026, the Corporate Affairs Commission (CAC) has shifted to a fully digital "end-to-end" registration system through the i-CRP portal. The documents you need depend on whether you are registering a simple Business Name (Sole Proprietorship/Partnership) or a Limited Liability Company (LTD).
Do foreign companies need TIN?
Yes, foreign companies must have a Tax Identification Number (TIN) to operate or earn income in Nigeria. Under the Nigeria Tax Administration Act (NTAA) 2025, the requirement for a TIN has been made mandatory for all "taxable persons," which explicitly includes non-resident entities. The 2026 rules for foreign companies are categorized as follows:
Is TIN transferable between states?
In 2026, the short answer is yes, your Tax Identification Number (TIN) is fully portable and valid across all 36 states and the Federal Capital Territory (FCT). Under the Nigeria Tax Administration Act (NTAA) 2025, the country has moved to a Harmonized National Tax Identification System. This means you no longer need to "register for a new TIN" just because you moved from Lagos to Kano or opened a branch in Port Harcourt.
How do I verify my TIN?
In 2026, the process to verify your Tax Identification Number (TIN) is entirely digital. Under the Nigeria Tax Administration Act 2025, the Nigeria Revenue Service (NRS) and the Joint Revenue Board (JRB) have harmonized their databases, making verification almost instantaneous. Here is how you can verify your TIN right now: