
Here is the Federal Inland Revenue Service (FIRS) and Joint Tax Board (JTB) Tax Identification Number (TIN) Stamp Duty Registration Form and Guidelines for all business transactions in Nigeria.
Stamp duty is a tax that is charged on written or electronic transaction documents. A physical revenue stamp had to be attached to or impressed upon the document to show that stamp duty had been paid before the document was legally effective (Wikipedia)
How to Pay for Stamp Duties in Nigeria
Step 1 Create your account or Log in using your existing account details on Integrated Stamp Duties & Levies Services (ISDLS) portal. Note: Your email ID is a preferred for username.
Step 2 Search and select the stamp duty instrument from the SERVICES menu or MDA menu.
Step 3 Provide details of the transaction by completing the relevant fields including TIN and transaction amounts. Note: The Tax Identification Number (TIN) of all parties involved in the transaction will be required.
Step 4 View the summary page for correctness.
Step 5 Make payments using any of the payment options. E.g. Debit cards, Credit cards, Pay at bank etc.
Step 6 Upon successful payments, ISDS will forward an electronic copy of the Stamp Duty Certificate to the current logged-in email address of the user.
Step 7 Log out or continue to process another stamp duty transaction.
How to Fill the Stamp Duty Form
To begin, make a selection by either clicking on the Individual, Corporate or MDA tabs (see more details below). Then enter your Tax Identification Number (TIN) in the text box provided and click on the Retrieve TIN button.
NOTE:
- You must first provide your TIN prior to filling other details in the respective text boxes.
- The text boxes with red asterisk are mandatory fields.
- Auto-Retrieve TIN Information may not work for some TIN. You are required to enter the appropriate information in the text boxes
INDIVIDUAL ACCOUNT: This is for individuals who wish to obtain their login credentials for stamp duty certificate. Frequently used services include: Tenancy Agreement, Tenancy Lease, etc.
CORPORATE ACCOUNT: This is for corporate entities who wish to obtain their login credentials for stamp duty certificate. Frequently used services include: Legal Mortgage, Debentures, Share Increase, etc.
Stamp Duties & Levies Rates in Nigeria
| Name | Type | Rate | Extra Copy |
| Lease Agreement (Tenancy/Machinery) for transaction between 8 – 21 Years | Ad Valorem | 3.0% | N50.00 |
| Adhesive Stamp | Flat Rate | ₦50.0 | |
| Adhesive Stamp N100 | Flat Rate | ₦100.0 | |
| Adhesive Stamp N1000 | Flat Rate | ₦1000.0 | |
| Adhesive Stamp N500 | Flat Rate | ₦500.0 | |
| Appointment of Receiver | Flat Rate | ₦500.0 | N50.00 |
| Appointment of Trustee or of Attorney | Flat Rate | ₦500.0 | N50.00 |
| Appraisement or Valuation of Property | Ad Valorem | 1.5% | N50.00 |
| Bank Cheque Per Leaflet N1.00 per leaflet (Premium) | Flat Rate | ₦1.0 | |
| Bill of Sale | Ad Valorem | 1.5% | N50.00 |
| Bonds (Mortgage) | Ad Valorem | 0.375% | N50.00 |
| Bulk Cheque Book | Flat Rate | ₦1.0 | |
| Bulk Loan Agreement | Ad Valorem | 0.125% | N50.00 |
| Certificate of Occupancy, Partnership | Flat Rate | ₦1000.0 | N50.00 |
| Contract Agreement | Ad Valorem | 1.0% | N50.00 |
| Contract Notes | Ad Valorem | 0.08% | N50.00 |
| Debenture | Ad Valorem | 0.375% | N50.00 |
| Deed of Assignment | Ad Valorem | 1.5% | N50.00 |
| Deed of Gift | Ad Valorem | 1.5% | N50.00 |
| Deed of Release/Surrender/Discharge | Ad Valorem | 0.075% | N50.00 |
| Deed of Release/Surrender/Discharge (Without Stamp Duty Certificate for Mortgage/Debenture) | Ad Valorem | 0.075% | N50.00 |
| Deeds of Conveyance or Transfer on Sale of Property | Ad Valorem | 1.5% | N50.00 |
| Discharge or Release | Ad Valorem | 0.075% | N50.00 |
| Documents from Ministries and Parastatals (Letter from Legal Adviser of the Ministry of Parastatals required) | Non Chargeable | Free | N0.00 |
| Gift (Land) | Ad Valorem | 1.5% | N50.00 |
| Goodwill Debenture, Settlements | Ad Valorem | 0.375% | N50.00 |
| Guarantor’s Form ( For Loan Application) | Flat Rate | ₦500.0 | N50.00 |
| Insurance Policy/Policies | Ad Valorem | 0.075% | N50.00 |
| Joint Venture Agreements | Flat Rate | ₦500.0 | N50.00 |
| Lease Agreement (Tenancy/Machinery) for transaction between 0 – 7 Years | Ad Valorem | 0.78% | N50.00 |
| Lease Agreement (Tenancy/Machinery) for transactions above 21 Years | Ad Valorem | 6.0% | N50.00 |
| Legal Mortgage | Ad Valorem | 0.375% | N50.00 |
| Legal Mortgage (Upstamping) | Ad Valorem | 0.375% | N50.00 |
| Loan Agreement | Ad Valorem | 0.125% | N50.00 |
| Loan Agreement (as accompanying document to a mortgage/debenture) | Flat Rate | ₦500.0 | N50.00 |
| Marketable Securities | Ad Valorem | 2.25% | N50.00 |
| Memorandum and Articles of Association (Alteration of memo) | Flat Rate | ₦500.0 | N500.00 |
| Memorandum of Understanding (Related to Land, Sales, Joint Venture,. Surrender, Subdivision Agreements) | Ad Valorem | 1.5% | N50.00 |
| Memorandum of Understanding (Related to Ordinary agreements) | Flat Rate | ₦500.0 | N50.00 |
| Notaries Act | Flat Rate | ₦500.0 | N50.00 |
| Oath and other affiliates bodies relating to above | Flat Rate | ₦500.0 | N50.00 |
| Oaths, Affidavit-Affirmation, Statutory Declaration, Agreement (Memo of Handwritten) Ordinary | Flat Rate | ₦500.0 | N50.00 |
| Ordinary or Open Agreement Underhand Articles | Flat Rate | ₦500.0 | N50.00 |
| Power of Attorney – Revocable/not land related | Flat Rate | ₦500.0 | N50.00 |
| Power of Attorney (Irrevocable/Land Related) | Ad Valorem | 1.5% | N50.00 |
| Power of Attorney (POA not relating to sales, conveyance, transfers of any landed property ) | Flat Rate | ₦500.0 | N50.00 |
| Pre-Incorporation Share Correction | Ad Valorem | 0.75% | N50.00 |
| Promissory Notes of Ordinary Documents/I.O.U | Ad Valorem | 0.1% | N50.00 |
| PROXY FORM | Flat Rate | ₦500.0 | N50.00 |
| Registration of Charge | Ad Valorem | 0.375% | N50.00 |
| Sales Agreement | Ad Valorem | 1.5% | N50.00 |
| Settlement of any Instrument | Ad Valorem | 0.375% | N50.00 |
| Share Transfer | Non Chargeable | Free | N0.00 |
| Shipping Agreement | Non Chargeable | Free | N0.00 |
| Surrender, Bills of Exchange | Ad Valorem | 0.1% | N50.00 |
| Vending Agreement | Ad Valorem | 1.0% | N50.00 |
| Will | Flat Rate | ₦500.0 | N50.00 |
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