Sole Proprietorship vs LLC Nigeria — Tax, Liability and Legal Differences
↑ Home › Nigerian Business Law & Corporate Compliance › Sole Proprietorship vs LLC Nigeria 📋 Legal Research Notice: This article is produced by Daily Reality NG — Nigeria's independent digital publication — and is built entirely from primary legal sources including the Companies and Allied Matters Act 2020 (CAMA 2020), the Nigeria Tax Act 2025, the Nigeria Tax Administration Act 2025, the Personal Income Tax Act, official CAC fee schedules, and high-authority legal and tax analysis from PwC Nigeria, Baker Tilly Nigeria, Marcus Okoko & Co., AO2 Law, Bimak Associates, and LegalDoc.ng. This article does not constitute legal or tax advice. For decisions about your specific business structure, engage a qualified Nigerian lawyer or tax professional. Information verified and updated as of June 2026 . If this is your situation right now: You have been operating under a business name for a year or two — or you are about to register your ...