• Tax Services

    Our Tax practice is made up of industry and functional experts. We advise and support clients on a wide range of tax and business issues, including restructuring of transactions for maximum tax advantage. Our core tax services include Transfer Pricing Advisory and Compliance services as well as:

    • Business Tax Advisory

      As tax law continues to increase in complexity and the stakes for businesses continue to rise, nothing is more important. Risk must be mitigated. Opportunities must be seized. Critical decisions must be made and implemented. Saffron turns responsiveness into results. Imagine a privately held professional services firm that can provide objective, independent and, of course, responsive tax advice.

      Because our firm does not offer audit services, we and our clients spend no time clearing independence issues - a time consuming process that reduces effective and responsive client service.

      From global tax planning to navigating local laws, our tax professionals have a distinguished track record for advising in policy formulation and working with major companies and their investors to address complex tax issues. We understand the domestic and global tax environments. But more importantly, we work diligently to understand your business, your challenges, your goals, your needs. Let us respond to you today.

    • Business Tax Compliance Services

      Now, more than ever, it is critical for your organization to be on top of the latest tax developments. Armed with the right information, you can identify potential missed opportunities and increase working capital. Saffron brings the right mix of professional and industry experience to help your organization manage its tax liabilities.

      Our experienced tax professionals bring a breadth of tax experience to every assignment, and partner with your organization to proactively address tax matters that arise from every business decision. We advise on all aspects of taxation and tax department operations. Our results-driven approach allows us to provide a broad array of capabilities to match your business requirements.

    • International Tax

      Our tax professionals understand that managing global tax burdens and maximizing value from multinational business investments are critical to the success of your enterprise. Our professionals bring proven track records to complex tax issues involving the mobility of capital and the increasing importance of intangible assets. Saffron gives you a distinct advantage in a changing environment where conflict issues have become an additional obstacle for many businesses

    • Indirect Tax – Customs & Value Added Tax Services

      Indirect tax issues can create material costs for every company - from both earnings and cash flow perspectives. To maintain and enhance shareholder value, in addition to meeting increasing pressures to be transparent and accountable to other stakeholders, the indirect tax implications of business decisions should be managed as carefully as any other costs that impact operations.

      Saffron brings significant technical expertise with a hands-on approach to the delivery and implementation of solutions. Our team is able to support organisations on all indirect tax issues that may affect your business by providing commercially-driven advice across a range of industry sectors.

    • Transaction Tax & Due Diligence

      Corporate transactions such as mergers and acquisitions, investments, divestitures, restructurings and cash movements can create tax opportunities that many organizations overlook. To maximize value, you need the technical expertise and advice of experienced transaction tax professionals to act quickly in identifying potential opportunities

    • Tax Litigation Support

      A major tax investigation by the FIRS - whether into allegations of serious tax fraud or into an avoidance arrangement - can have a seriously destabilising effect on any business. Diverting key leaders from their crucial roles of running the business and keeping it profitable can adversely affect relationships with banks, customers and suppliers.

      FIRS has become more aggressive in its approach to compliance. Recent laws to give investigators more power in gaining access to business records and making unannounced visits to business premises represent a more confrontational attitude to business owner. At Saffron we offer highly experienced support in quickly concluding investigations. Our goal is to minimise the tax at risk and keep penalties and interest to an absolute minimum.

    • Other tax services

      • Revenue Administration Reform
      • IGR Advisory & Implementation
      • Tax Accounting
      • Statutory Reporting
      • Business Health Check

  • Regulatory Services

    Supporting our clients in resolving business challenges associated with the Nigerian business regulatory environment.

    We ensure clients receive seamless, value – added and strategy driven advice and support on a continuous basis. Our regulatory services involve business solutions, regulatory and commercial solutions. The services include:

    • New Investment and Incorporation Advisory

      • Registration of Companies
      • Processing Investment Authorization And Approvals
      • Processing of Certificate of Capital Importation

    • Business Support Services

      • Contract Drafting
      • Review of Commercial Agreement
      • Legal Due Diligence And Commercial Investigatory Services

    • Company Secretarial Services

      • Corporate Affairs/ Liaison Support
      • Registered Office Support

    • Business Regulatory Advisory

      • Identifying Investment Opportunities And Advising Our Clients On Portfolio Investment And Local Establishment
      • Advisory on Joint Venture, Agency, And Other Contractual Arrangements That Will Best Achieve Their Business Objective.
      • Legal Due Diligence And Commercial Investigatory Services
      • Advisory And Representation on Issues of Tax, Immigration, Oil And Gas Free Zone, Capital Importation And Repatriation And Project Management/Finance

    • Cross Border Transactions

      • Customs And Excise;
      • Immigration Service

  • Advisory

    We help clients design, build and run cost-effective, targeted strategies to address most complex business challenges. Our services include:

    • Business Advisory

      • Management Consulting
      • Operational Review/ Process Improvement
      • Program/Project Management
      • Institutional Capacity Development
      • Training and Development(Technical & Soft Skills)

    • Compensation and benefits

      We specialise in helping clients resolve compensation related issues. This is achieved through in-depth skills in our five (5) competence areas:

      • Compensation Surveys
      • Broad-based and Executive Compensation Advisory
      • Incentive Scheme Design
      • Pay Structure Design
      • Pension Advisory

    • Executive Selection & Outsourcing

      • Executive search
      • Recruitment and Selection
      • Psychometric Testing
      • Business/Resource Outsourcing Support

    • Other Advisory

  • Transfer Pricing

    Our team consists of transfer pricing, tax and regulatory experts who have the capacity to deliver the services you require. In addition to this, we have also forged the right alliances to ensure seamless service support for all your transfer pricing needs.

    This includes our global partnership with Transfer Pricing Associates (www.tpa-global.com). We also leverage other working relationships for the use of the TPA database to ensure we have robust access to extensive database of comparables for inter/intra-company transactions where applicable.

    • Transfer Pricing Compliance Review

      We conduct compliance reviews to determine the following:

      • Adequacy, accuracy and completeness of existing documentation
      • Validity of any economic analysis contained in the TP documentation
      • Identify all relevant TP transactions to ensure that documentation exist for all relevant transactions

    • Transfer Pricing Strategy & Training

      To determine arm’s length rates for a TP policy that complies with OECD/FIRS TP Guidelines, we provide support in identifying business risks, identifying comparables, providing mitigation strategies and in-house training for relevant staff to ensure the company is better positioned to effectively deal with TP risks.

      We also provide support in developing TP policies and manuals to improve operational effectiveness. Some of our services include

      • Preparation of an economic analysis with respect to intercompany transaction and selection of the proper transfer pricing method
      • Conducting a comparable analysis, and determination of the arm’s length price
      • Planning of transfer pricing strategy
      • Reviewing foreign transfer pricing documentation to determine whether it complies with the Nigerian transfer pricing requirements – amend and supplement if necessary
      • Reviewing existing transfer pricing documentation of the company from a Nigerian transfer pricing perspective – amend and supplement if necessary
      • Preparing transfer pricing documentation to meet Nigerian and OECD requirements
      • Training employees handling international related party transactions

    • TP Tax Audit Support

      We will liaise with the regulatory authorities on your behalf and provide arbitration or litigation support as follows:

      • Providing Transfer pricing audit support
      • Providing Transfer pricing Dispute Resolution support

    • TP Advisory Services for New Transactions or Structures

      We provide ongoing TP Advisory services for both new transactions and structures.

      • Transfer pricing advisory services
      • TP Health check: Reviewing current arrangements and advising on Group's transfer pricing risk