See exactly how much tax you'd save by registering your business as a Limited Liability Company in 2026.
Register as a Limited Liability Company (LTD) with CAC. Cost: ₦10,000 - ₦50,000 depending on service.
Visit CAC WebsiteOpen TWO corporate accounts: one for sales (inflow), one for expenses (outflow). Creates automatic records.
Recommended banks: Access, GTBank, Zenith, FirstBank
Keep receipts for rent, stock, transport, POS fees, data, fuel. These reduce your taxable profit to near-zero.
Use spreadsheets or accounting software
File annual returns by March 31st. With proper structure and expense tracking, your tax will be ₦0.
Use NRS TaxPro-Max portal or consult an accountant
Monthly Income: ₦200,000
Monthly Expenses: ₦80,000
Personal Account Tax:
₦184,500/year
Business Account Tax:
₦0/year
Saves ₦184,500!
Monthly Income: ₦800,000
Monthly Expenses: ₦350,000
Personal Account Tax:
₦1,548,000/year
Business Account Tax:
₦0/year
Saves ₦1,548,000!
Monthly Income: ₦5,000,000
Monthly Expenses: ₦2,500,000
Personal Account Tax:
₦12,348,000/year
Business Account Tax:
₦10,200,000/year
Saves ₦2,148,000!
Even large businesses save money with proper structure!