Nigeria

Nigeria overhauled its tax system with the Nigeria Tax Act 2025, effective January 2026, which taxes residents on worldwide income under a progressive personal scale topping out at 25 percent and folds capital gains into ordinary income. A solopreneur faces a 30 percent corporate rate (with a 0 percent band for small companies under NGN 100 million turnover), 7.5 percent VAT, and new controlled foreign company and 15 percent minimum effective tax rules aimed at offshore profits. There is no dedicated digital nomad or entrepreneur visa, no inheritance or wealth tax, and no individual exit tax, but business setup remains administratively heavy.