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Food & Agro Allied

Food-Agro-Allied

This sector is comprised of companies engaging in the production and manufacturing of final goods. In general, these are products and services classified for personal use, specifically intended for the mass market. This sector encompasses goods that are consumed rather than used in the production of other goods, and include both durable and non-durable consumables. Included in this sector are manufacturers of automobiles/auto parts, household durable good, textiles and apparel, as well as manufacturers’ food, beverages and tobacco products.
 

Recent Posts in Food & Agro Allied

Company Income Tax Act

2016-12-15 4:51 PM | by Nigeria Compliancehub

Companies are mandated by law to pay Company Income Tax (CIT) in Nigeria based on the profit. The amount charged is 30% o the profit earned in the year preceding assessment.
Companies resident in Nigeria are liable for CIT on their worldwide income and non-resident companies are liable only to CIT… Read more

Company Income Tax Act Amendment

2016-12-15 4:40 PM | by Nigeria Compliancehub

Companies are mandated by law to pay Company Income Tax (CIT) in Nigeria based on the profit. The amount charged is 30% o the profit earned in the year preceding assessment.
Companies resident in Nigeria are liable for CIT on their worldwide income and non-resident companies are liable only to CIT… Read more

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