4th Floor, Kaara Place,
5 Acacia Drive,
Off Royal Palm Drive,
Osborne Phase 2,
Yobe Investment House, Suite 302,
Plot 1332 Ralph Shodeinde Street,
Central Business District, Abuja.
Tel: +234 (01) 277 7260,
Andersen Tax LLC was founded in the United States in 2002 by 23 former Arthur Andersen tax partners under the name WTAS. In September 2014, WTAS acquired the rights to the iconic brand name Andersen and renamed itself Andersen Tax.
Andersen in the U.S. is the founding member of Andersen Global, an international association of member firms with more than 7,000 professionals worldwide and a presence through its member firms and collaborating firms. Today, through its global association of member and collaborating firms, Andersen Global is one of the largest independent tax firms in the world.
Andersen in Nigeria is the Nigerian member firm of Andersen Global. We are an independent tax and advisory services firm with a worldwide presence through the other member firms and collaborating firms of Andersen Global. The firm consists of professionals with many years of experience in taxation, transactional, transfer pricing, accounting and business advisory services both at local and international levels. We pride ourselves on using the highest professional standards and expertise to provide timely services, which are cost effective to all our clients. As an independent firm, we do not face the conflicts of interest that may arise with an audit practice.
Our platform allows us to objectively provide best-in-class services and comprehensive solutions to our clients using the highest ethical and professional standards. Our brand is built on local and international tax and advisory expertise.
Business Advisory Practice
The Business Advisory practice of Andersen in Nigeria comprises of professionals with many years of experience and expertise in Accounting Advisory, Risk Advisory, Strategy and Operations Advisory, Financial Advisory and Technology Advisory Services. Our approach is client-centric, geared towards delivering customised business solutions that deliver lasting value to clients’ businesses. Based on deep understanding of your business and objectives, our dedicated team of professionals offer tailor-made and innovative advisory solutions.
We are best-in-class advisors to our clients. Our business advisory capabilities and solutions help clients unlock sustainable value and growth. In delivering to our clients, we leverage the knowledge and skills across our global network of firms to develop innovative solutions designed to help our clients work smarter, grow faster and compete stronger.
Our team takes pride in our efficient and effective work approach. Our commitment is to ensure that business objectives are achieved without compromising on professionalism. We deploy best-in-class professionals, from partner to staff, who will have a hands-on approach to the engagement and work closely with your team to provide robust advisory solutions tailored to specifically meet your needs. Our collective pursuit at Andersen is to provide valuable support to you, which we achieve by crafting unique solutions and providing high quality, cutting edge and personalised end-to-end services.
Specifically, our services cover the following areas:
Accounting & Risk Advisory Services
Technology Advisory Services
Financial Advisory Services
At Commercial Practice, we are well positioned to assist our clients with various tax and regulatory challenges in their business. With our dedicated and technically strong team of tax experts, we provide robust tax solutions tailored to the specific needs of clients in the various industries including consumer markets, industrial, transport and financial services. We work with our clients to define their tax strategies and develop unique solutions to optimize their tax processes and transform the tax function for enhanced efficiency.
Our deep industry experience and excellent relationships with the relevant tax and regulatory authorities, including the Federal and State tax authorities, enables us to support our clients during tax audits and investigation exercises.
We provide Tax services in the following areas:
Oil, Gas & Power Practice
We have expertise in the provision of compliance and advisory services, to companies operating in the upstream, midstream and downstream sector of the oil and gas industry, as well as companies in the mining, power and renewable energy industry.
Our team comprise professional tax, regulatory and industry experts with vast experience and in-depth knowledge, required to manage our clients’ tax function/system, in a bid to ensure compliance with the relevant legislation and add value to their businesses.
Specifically, we render the following services;
- Tax and regulatory advice on industry-specific issues
- Develop bespoke tax compliance calendar and provide reminders on existing and future compliance obligations
- Review of Corporate Income Tax (CIT) and Petroleum Profit Tax returns prepared in line with the International Financial Reporting Standards (IFRS), and submission of the returns to the Federal Inland Revenue Service (FIRS)
- Review of deferred tax computations and other IFRS compliance framework documentation
- Review and submission of Withholding Tax and Value Added Tax Returns
- Review and submission of Annual Statutory Pay-As-You-Earn (PAYE) returns to the relevant State Board(s) of Internal Revenue
- Processing and obtaining of Corporate and Employees’ Tax Clearance Certificate
- Provision of professional support during audits/queries by relevant tax and regulatory authorities (RTRAs), and during the resolution of post-audit issues
- Tax Compliance review for Tax and Regulatory Process Optimisation Industry-focused tax training
Private Clients and Family Wealth Practice
Our Private Clients and Family Wealth Practice (PCFW) team are tax professionals with long history and thorough expertise in working with wealthy individuals and families vis-à-vis their in-country and offshore investments and businesses. We assist our clients with all of their personal taxes and family wealth matters, from income tax planning and compliance to setting up wealth-management processes.
The service you receive as a client of Andersen goes beyond tax advisory. We look at the full spectrum of factors affecting your unique portfolio to identify the most valuable solution, a solution you can trust because you know the only thing we gain is your satisfaction and ongoing loyalty.
This Practice is focused at providing expert tax compliance and advisory services to HNIs in Nigeria to minimise their tax exposures in their businesses whether as individual business owners, corporate executives or as families.
Tax Advisory & Regulatory Services Practice
Tax Advisory & Regulatory Services Practice provides tax, legal, regulatory and start-up advisory services to various local and foreign clients. We are a “cross-departmental unit” with service offerings across the various service practices lines of Andersen in Nigeria.
We provide advisory services to clients across all sectors of the economy in the following areas:
- Tax structuring, Strategy and Planning
- Mergers, Acquisitions and Divestures
- Contract Review and Advisory
- Tax Expert Testimony, Analysis and Other Tax Litigation Support Services
- Business Start-up Regulatory and Advisory Services
- Other Regulatory services e.g. exchange control rules, NOTAP registration, recruiters license
- Company Secretarial Services
Data Protection Compliance Service
Andersen is a Data Protection Compliance Organization (DPCO) licensed by the National Information Technology Development Agency (NITDA). In this regard, we render the following services to organisations:
- Data Protection Audit
- Data Protection Implementation Support
- Data Protection Reporting and Filing Service
- Data Protection Training
Transfer Pricing Services
The experienced professionals of Andersen in Nigeria, and the member firms and collaborating firms of Andersen Global, are ready to meet your domestic and global transfer pricing needs. We have extensive experience advising businesses and multinational organizations through all aspects of their transfer pricing management lifecycle – planning, implementation, compliance, and controversy. We help you ensure that your tax positions are practically and properly aligned with your business operations.
Multinational enterprises (MNEs) with expansion into the Nigerian market as well as the rest of the West African market need to proactively consider how to structure their related party transactions in a manner that is consistent with the arm’s length principle and makes business sense. Our highly experienced transfer pricing team is there to assist you in designing, documenting and implementing a transfer pricing policy that achieves the above objectives.
In addition, considering the aggressive nature of transfer pricing audits in Nigeria and Ghana, it is imperative that MNEs with footprints in West Africa have seasoned transfer pricing advisors with international and local experience to support them with the preparation of robust transfer pricing documentation that will improve their chances of successful defense during transfer pricing audits. At Andersen, we have seasoned transfer pricing professionals with the much-needed international and local experience, global perspectives and good working relationships with the Tax Authorities to provide exceptional client experience during the transfer pricing audit and dispute resolution process.
Our experienced transfer pricing advisors will proactively advocate for clarity in the treatment of key transfer pricing issues that are common to specific industries.
In summary, we can help your company with all aspects of transfer pricing, including: