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Startups and SMEs Are Moving to Nigeria — The Shocking Tax Incentives Driving the Shift

In a stunning development that’s shaking up Africa’s business landscape,   startups and SMEs across the continent are relocating to Nigeria in droves   — and it’s all thanks to a   shocking set of tax incentives   introduced under the   Nigerian Tax Act 2025 . Once plagued by complex regulations and inconsistent enforcement, Nigeria has now   reinvented itself as the most tax-friendly country for small businesses in Africa   — and the numbers don’t lie. What’s Causing This Massive Business Migration? The Nigerian government didn’t just tweak its tax system — they dropped a  startup bombshell  with the passage of the  Nigerian Tax Act 2025 . This landmark legislation has positioned Nigeria as  Africa’s new tax haven for entrepreneurs, tech founders, and SMEs , offering the most founder-friendly financial incentives on the continent. Here’s What’s So Shocking (and Game-Changing) Under the Nigerian Tax Act 2025: ✅  0% corporate ta...

Nigeria is transforming itself into the ultimate tax safe zone for SMEs, Small Businesses and Startups

If you’re running a small business in Africa and still paying high taxes, you might be in the wrong country . Quietly but boldly, Nigeria is transforming itself into the ultimate tax safe zone for small businesses and startups , offering unprecedented tax reliefs, digital filing systems, and investor incentives. At the heart of this transformation is the Nigerian Tax Act 2025 , a reform that has repositioned Nigeria as the most entrepreneur-friendly tax regime on the continent . This isn’t a hype piece. It’s a wake-up call. The Nigerian Tax Act 2025 – A Tax Revolution, Not Just a Reform The Nigerian Tax Act 2025 , enacted in January, introduces one of the most aggressive tax incentive programs in Africa. Whether you're an SME owner, startup founder, or angel investor, the Act is stacked in your favor: Key Provisions Include: 0% corporate income tax for newly registered startups for their first 3 years 10% flat tax for SMEs earning below ₦100 million annually 5-year tax holidays ...