FIRS TIN/ JTB TIN

FIRS TIN (Taxpayer Identification Number) is a unique 12-digit number issued by the Federal Inland Revenue Service (FIRS) to identify taxpayers for tax administration. It is used to track tax payments and filings by individuals and businesses.

TaxProMax, on the other hand, is a software platform developed by the FIRS to facilitate tax compliance and administration. 

Your FIRS TIN (12 Digit) needs to be activated on Tax Promax before it is used to open Company's account at the bank.

The bank will verify the FIRS TIN. And if it hasn't been activated on Tax Promax it will not be accepted at the bank.

Tax Promax also provides taxpayers with a digital platform to file tax returns, make payments, and access information related to their tax obligations. TaxProMax is designed to streamline the tax process and improve efficiency in tax administration.

In summary, FIRS TIN is a unique identification number for taxpayers, while TaxProMax is a software platform used for tax compliance and administration by the FIRS.

TIN -Tax identification number is a unique number assigned to registered individuals or businesses for the purpose of paying taxes.TIN are usually done after our business/company registration,we have two type of TIN

1.JTB TIN - (joint tax board) this is a state TIN , that comes in a certificate format, jTB tin is a tin that is created to subsequently replace the firs Tin, take note JTB TIN are 10 digit and they are state TIN.

2.FIRS TIN- federal inland revenue service or as most people call it the real TIN, this TIN is majorly use to carry our many activity regarding TIN in Nigeria, this is the Tin that is commonly known, it comes as a slip with your MSTO, take note it a 12 digit number and it comes as a slip.