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Nigeria Tax Information

7.5% VAT

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

Locksmith Services to Invoice

  • Lockout service
  • Lock rekeying
  • Lock installation
  • Key duplication
  • Safe opening
  • Security assessment
  • Master key systems

Invoice Requirements in Nigeria

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

Payment Terms

Due on completion. Emergency calls paid on-site. Commercial accounts Net 15.

CashNet 14Net 30Net 45

Payment Methods in Nigeria

Bank TransferUSSDMobile MoneyCardCash

Locksmith Invoice Tips

  • Note service address
  • Include emergency premiums
  • Reference lock brands
  • Document hardware used
  • Track call-out fees

Frequently Asked Questions

What tax rate applies to locksmith 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 locksmiths in Nigeria?

Common payment methods in Nigeria include: Bank Transfer, USSD, Mobile Money, Card, Cash. Due on completion. Emergency calls paid on-site. Commercial accounts Net 15.

What should locksmith invoices include in Nigeria?

Your invoice should include: TIN, VAT registration, Client TIN, VAT (7.5%). For locksmith services specifically, also include: Lockout service, Lock rekeying, Lock installation.

Emergency rate?

Charge premium for after-hours (1.5-2x). State clearly before dispatch.

Service call fee?

Minimum call-out fee covers travel. Apply to job cost if service performed.

What is Nigeria's VAT rate?

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