Import
To register a company for importation in Nigeria, you must first register with the Federal Inland Revenue Services (FIRS) and obtain a Tax Identification Number (TIN). Then, select a bank in Nigeria to act as your Authorised Dealer Bank (ADB).
To clear goods in Nigeria, you must present a bill of lading, commercial invoice, exit note, duly completed Form 'M' entry declaration, packing list, single goods declaration, and a product certificate.
PAAR is a mandatory document required for all imports into Nigeria. It is an electronic report submitted prior to arrival that details the goods being imported, their value, and other relevant information. This helps expedite the clearance process at the port.
Duties & Taxes
Customs duties are levied on the value of your imported goods. This value is determined by the Customs Service based on a combination of factors including invoice price, insurance costs, and freight charges (CIF). You can find the current duty rates for different goods in the Customs Tariff.
Yes, there might be other import-related taxes depending on the type of goods you are importing. These can include Value Added Tax (VAT), National Automotive Council (NAC) levy, and others. A comprehensive list should be published on this site as it is updated.
Customs duties are paid through your bank to the Nigeria Customs Service (NCS) on behalf of the Federal Government.
Export
To initiate exports from Nigeria, you must undergo registration with the Nigerian Export Promotion Council (NEPC) and obtain an Exporter Registration Certificate. You also need to establish an export proceed domiciliary account with a Nigerian commercial bank.
Customs Procedures & Regulations
The Nigeria Customs Service's customs and excise tariff is based on the Harmonised System Nomenclature (HSN).
You can track the status of your customs transaction through the approved electronic trade channels made available for your declaration.
The Fast Track Window is a system that allows select importers to forward their cargoes directly to their warehouses where customs procedures such as examination and payments are undertaken, bypassing tedious ports inspection processes and reducing costs associated with port storage and demurrage.