Akinyele Oluwale & Co. - Expert Accounting Solutions

2026 Outlook: Tax Reform Update and Trading Investment Plan Communication

Dear Valued Clients and Esteemed Investors,

We extend our sincere appreciation to you for your continued trust, cooperation, and partnership with Akinyele Oluwale & Co. Your confidence and commitment remain fundamental to our ability to serve you effectively across our tax advisory and trading investment plan engagements.

Tax Reform Update
We commend our clients for their consistent fulfillment of tax obligations and their contribution to Nigeria’s socio-economic development during the last fiscal year. Your compliance—whether as corporate entities or individual taxpayers—plays a critical role in national growth, infrastructure development, and public service delivery.

As we transition into 2026, Nigeria’s ongoing Tax Reform agenda is aimed at building a fairer, simpler, and more growth-oriented tax system. Key developments include enhanced tax administration through expanded digital platforms, the transition from FIRS to the Nigeria Revenue Service (NRS), reduced compliance burdens, and improved taxpayer services. Importantly, the reforms prioritize broadening the tax base rather than increasing tax rates, encouraging voluntary compliance, and strengthening transparency and accountability in tax revenue utilization.

Corporate taxpayers continue to benefit from reforms that support ease of doing business, clearer regulatory guidance, and incentives for investment and job creation. Individual taxpayers equally benefit from improved taxpayer identification systems, balanced enforcement mechanisms, and increased taxpayer education and awareness.

We remain fully committed to keeping you informed, compliant, and strategically positioned under the evolving tax landscape.

Trading Investment Plan Update
Reflecting on the 2025 financial year, we sincerely appreciate your patience, trust, and confidence in our investment operations. The year presented significant global and local market challenges that impacted financial markets broadly. These conditions contributed to the delayed and, in some instances, failed payouts experienced during the period.

We wish to clearly reaffirm that these setbacks were driven by market conditions and not by any lack of commitment, integrity, or operational diligence on our part.

Looking ahead to 2026, we remain firmly focused on stabilizing operations and addressing outstanding payout obligations. Strategic measures are already being implemented to mitigate market risks, strengthen performance, and enhance resilience. We are confident that these steps will support improved outcomes in the near term.

We deeply value your partnership and remain committed to transparency, accountability, and sustainable long-term growth.

Thank you for your continued support as we move forward together.

Yours faithfully,
Akinyele Oluwale & Co.

₦ 150,000

Conversion/Re-registration of Company

Conversion or re-registration of a company involves changing the legal structure or status of an existing company, such as converting from a private to a public company, or from a partnership to a limited liability company (LLC). We determine the legal requirements and eligibility criteria for the desired conversion. Draft and compile the required documents, such as resolutions, revised articles of association, and financial statements. Submit the application for conversion or re-registration along with supporting documents. Receive official approval and a new certificate reflecting the company’s updated legal status. Aligns the company’s legal structure with its growth and operational needs. Enables the company to raise capital, attract investors, or expand its operations. Increases the company’s credibility and market perception, especially when converting to a public entity. May provide tax benefits or streamline compliance with specific regulations. Offers greater flexibility in management, ownership, and operational structures.

Client Communication

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Simple steps to process

Determine the legal requirements and eligibility criteria for the desired conversion.

Draft and compile the required documents, such as resolutions, revised articles of association, and financial statements.

Submit the application for conversion or re-registration along with supporting documents.

Receive official approval and a new certificate reflecting the company’s updated legal status.

Customer Benefits

Aligns the company’s legal structure with its growth and operational needs.

Enables the company to raise capital, attract investors, or expand its operations.

Increases the company’s credibility and market perception, especially when converting to a public entity.

May provide tax benefits or streamline compliance with specific regulations.

Offers greater flexibility in management, ownership, and operational structures.

Our Services

NSITF / ITF / BPP Compliance Certifications Processing Conversion/Re-registration of Company Company Search Filing of Annual Returns Registration of Limited Liability Companies Registration of Business Name Reservation of Name Payroll Management Bookkeeping Everything Tax Financial Modeling Auditing

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