Legally Informed Africa

If you’re an entrepreneur in Africa (or looking to break into the continent’s massive market), here’s something you can’t afford to ignore: Nigeria is rapidly becoming the most tax-friendly destination in Africa for startups and SMEs —and it’s not by accident. Thanks to the newly enacted Nigerian Tax Act 2025 , the country is pulling out all the stops to attract entrepreneurs, stimulate innovation, and boost economic growth . The result? Founders are flocking in. Investors are leaning in. And Nigeria is setting a new gold standard for startup tax policies in Africa. Why You Should Be Paying Attention The Nigerian Tax Act 2025 isn’t just another government reform—it’s a founder-first tax revolution. Here's what’s on the table: ✅ 0% corporate tax for startups in their first 3 years ✅ 10% flat tax for SMEs earning under ₦100 million annually ✅ VAT exemptions for key industries: tech, health, agri, education ✅ 5-year tax holidays for impact-driven startups in rural or underdevelop...

While the world was watching for the next big startup hub in Africa, Nigeria was quietly rewriting the rules —and now, it has officially emerged as Africa’s #1 tax haven for startups and small businesses . Thanks to the groundbreaking Nigerian Tax Act 2025 , Nigeria is no longer just Africa’s most populous nation—it’s now the smartest place to start and scale a business . If you’re a founder, entrepreneur, investor, or SME operator anywhere in Africa (or beyond), what’s happening in Nigeria right now should be on your radar. The Game-Changing Nigerian Tax Act 2025 Signed into law in JUNE 2025, the Nigerian Tax Act 2025 is a full-spectrum reform targeting the nation’s entrepreneurial ecosystem. Its goal? To eliminate tax burdens that stifle growth and attract both local and international innovators. Key Provisions: 0% corporate income tax for startups in their first 3 years 10% flat income tax for SMEs with revenue below ₦100 million 5-year tax holidays for startups in tech, healthc...