Create Freelancer Invoice in NGN →

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Nigeria Tax Information

7.5% VAT

VAT is 7.5%. Registration required above NGN 25 million turnover. TIN required.

Freelancer Services to Invoice

  • Hourly consulting
  • Project-based work
  • Retainer agreements
  • Milestone billing
  • Rush/priority fees

Invoice Requirements in Nigeria

TIN
VAT registration
Client TIN
VAT (7.5%)
Total in NGN

Payment Terms

Net 14 or Net 30 is standard. Consider 25-50% deposits for larger projects.

CashNet 14Net 30Net 45

Payment Methods in Nigeria

Bank TransferUSSDMobile MoneyCardCash

Freelancer Invoice Tips

  • Always use a unique invoice number
  • Clearly state payment terms upfront
  • Include detailed breakdown of work
  • Add late payment fees
  • Keep copies for tax purposes

Frequently Asked Questions

What tax rate applies to freelancer invoices in Nigeria?

Nigeria has 7.5% VAT. VAT is 7.5%. Registration required above NGN 25 million turnover. TIN required.

What payment methods are common for freelancers in Nigeria?

Common payment methods in Nigeria include: Bank Transfer, USSD, Mobile Money, Card, Cash. Net 14 or Net 30 is standard. Consider 25-50% deposits for larger projects.

What should freelancer invoices include in Nigeria?

Your invoice should include: TIN, VAT registration, Client TIN, VAT (7.5%). For freelancer services specifically, also include: Hourly consulting, Project-based work, Retainer agreements.

How do I invoice for hourly freelance work?

List each task with hours worked and hourly rate. Include dates and detailed descriptions.

Should I charge a deposit as a freelancer?

Yes, especially for larger projects. A 25-50% deposit protects you from non-payment.

What is Nigeria's VAT rate?

7.5% on most goods and services. Basic food, medical, educational items are exempt.