Yes — you must file both separately if you own a Limited Liability Company.

This is because you and your company are legally two different entities.

Why You Must File Both

Under Nigerian tax laws:

You (Individual) → Pay Personal Income Tax (PIT)

Your Company (Limited Liability) → Pay Company Income Tax (CIT)

These are governed by different laws:

Personal Income Tax Act → For individuals

Companies Income Tax Act → For companies

1. Your Personal Income Tax (PIT)

You file Personal Income Tax if you receive:

Salary from your company

Director’s allowance

Dividends (in some cases)

Any personal income

You file this with:

Your State Internal Revenue Service

Example:

If you live in Lagos → File with Lagos State Internal Revenue Service

If you live in Rivers → File with Rivers State IRS

2. Your Company Income Tax (CIT)

Your Limited Liability Company must file:

Company Income Tax (CIT)

Annual returns

VAT (if applicable)

Withholding Tax (if applicable)

These are filed with: 👉 Federal Inland Revenue Service (FIRS)

Simple Example

Let’s say:

Your Company earns → ₦10,000,000

You pay yourself salary → ₦1,200,000

You must:

Company pays tax on ₦10,000,000 → Company Income Tax

You pay tax on ₦1,200,000 → Personal Income Tax

Important (Many People Miss This)

Even if:

Your company did not make profit

You still must file:

Company returns (zero return)

Otherwise:

You may face penalties

Summary

Type

Who Files

Where To File

Personal Income Tax

You

State IRS

Company Income Tax

Your Company

FIRS