As Nigeria moves toward greater tax transparency and digital transformation, the Federal Inland Revenue Service (FIRS) has introduced a new e-Invoicing policy that will significantly impact how businesses issue and manage invoices. This guide breaks down the key things you need to know — who it affects, how it works, and how to stay compliant.
Stay compliant. Stay ahead. Zetamind makes it easy.
What Nigerian Businesses Need to Know (FAQs)
It is a digital invoicing system introduced by FIRS that requires businesses in Nigeria to issue, validate, and report invoices electronically. It aims to reduce tax evasion and improve transparency.
Large businesses (₦5 billion+ turnover) must comply starting July 2025.
Medium and small businesses will be added in later phases.
B2B & B2G invoices must be validated by FIRS before they are issued.
B2C invoices must be reported to FIRS within 24 hours.
All invoices must contain a QR code and key tax data for verification.
You’ll need an invoicing or ERP system that can:
Differentiate between B2B, B2G, and B2C transactions
Integrate with FIRS via a certified Access Point Provider (APP)
Generate properly formatted e-invoices with IRNs and QR codes
No problem. Zetamind can help you implement one that meets FIRS and NITDA standards from scratch, tailored to your business needs.
Non-compliance could lead to:
Fines up to ₦500,000/month
50% of the transaction value as penalty
Delays in FX processing
Risk of FIRS disallowing certain expenses
Reach out to Zetamind. We’ll guide you through the setup, integration, and compliance process, whether you already have a system or are starting from scratch.
Zetamind acts as a System Integrator. We connect your invoicing or ERP system to the FIRS platform through certified providers. We also help with configuration, compliance setup, and training your team.
ERP or invoicing system implementation
Integration through certified APPs
Compliance setup and testing
Staff training and ongoing support
Zetamind is here to simplify your transition to e-Invoicing. Whether you're upgrading your current system or starting from scratch, we’ll handle the technical setup, integration, and staff training so you can focus on running your business.
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