NRS sets July 31 deadline for large companies to fully adopt e-invoicing

The Nigeria Revenue Service (NRS) has fixed July 31, 2026, as the final deadline for all large companies in the country to fully comply with the national electronic invoicing (e-invoicing) and Electronic Fiscal System (EFS), warning that defaulters risk regulatory enforcement and sanctions under existing tax laws.

The agency disclosed this in a statement issued on Sunday by Dare Adekanmbi, Special Adviser on Media to the Executive Chairman of the NRS, Zacch Adedeji.

According to the statement, the tax authority has already commenced nationwide compliance monitoring to assess the level of adherence among large taxpayers ahead of the deadline.

The NRS cautioned that companies that fail to complete the required onboarding and integration processes before the deadline could face regulatory actions in line with applicable tax regulations.

“Consequently, any defaulting member may be subjected to appropriate regulatory and enforcement actions in accordance with the provisions of the relevant tax laws and regulations,” the statement said.

The agency urged affected businesses to expedite all outstanding registration, onboarding, and system integration activities and begin transmitting invoices through the approved platform before July 31.

READ ALSO: Licensed port agents back FG’s Green Tax on imported vehicles

The NRS reiterated its commitment to supporting taxpayers throughout the implementation process, noting that it remains available to provide technical assistance to ensure a smooth transition to the digital invoicing system.

Under the policy, large taxpayers are defined as companies with an annual gross turnover of ₦5 billion or more. The agency disclosed that more than 1,000 companies had already complied with the e-invoicing requirements as of the first quarter of 2026.

To achieve full compliance, affected companies are expected to complete onboarding on the NRS Merchant Buyer Solution (MBS), successfully integrate their systems through approved Access Point Providers (APPs) or Systems Integrators (SIs), complete all validation and testing procedures, and actively transmit invoices to the NRS e-invoicing platform in accordance with approved standards.

Businesses are also required to ensure they receive only compliant electronic invoices bearing valid Invoice Reference Numbers (RINs) from their suppliers.

The national e-invoicing platform officially became operational for large taxpayers on August 1, 2025, following months of consultations with stakeholders. However, the implementation timeline was later extended to November 2025 to accommodate operational and transitional challenges encountered by businesses.

The NRS has since continued expanding the initiative. On February 17, 2026, the agency announced the next phase of the rollout, extending the electronic invoicing and Electronic Fiscal System to medium-sized and emerging taxpayers as part of its broader strategy to modernise tax administration, improve transparency, and strengthen revenue collection across Nigeria.

The e-invoicing initiative is expected to enhance tax compliance, reduce invoice fraud, improve audit efficiency, and provide real-time transaction monitoring, supporting the government’s drive toward a more digital and efficient tax administration system.