At Silvercent Consulting Limited, we realize that the quality of financial information an organization possesses is the decisive tool that determines its competitive advantage. We partner with corporate organizations and individuals across Nigeria to deliver rigorous statutory audits, effective bookkeeping systems, internal controls, and proactive tax compliance.
Uncompromising ethics & statutory transparency
ISA & IFRS-aligned technical precision
On-schedule filings preventing tax liabilities
Silvercent Consulting Limited is a corporate consulting firm in business with the sole aim of rendering high-quality, value-added financial, audit, and tax advisory services to corporate organizations and individuals across Nigeria.
We realize that the quality of information an organization has is a key tool that determines its competitive and overriding advantage over others. To achieve these objectives, we integrate and focus our potentials by engaging seasoned, qualified hands to serve you proficiently and diligently within the confines of professionalism—driven towards result-oriented outcomes in line with extant laws, principles, and methodologies suitable for your success.
To be among the most recognized and trusted Consulting Firms in Nigeria.
To aid the success of our clients by identifying their challenges and rendering Value-Added Services in Tax Compliance, Internal Controls, and Effective Bookkeeping Systems.
Proven track record executing statutory audits, tax engagements, and regulatory post-monitoring across Lagos, Abuja, Port Harcourt, Warri, Delta, and Edo States.
Full mastery of International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA), CITA, PITA, VAT, WHT Regulations, ITF, and NSITF compliance.
Led by ICAN Chartered Accountants, seasoned Audit Seniors, and regulatory consultants with deep understanding of workplace challenges and contemporary financial practices.
Tailored to your organization’s operational scale and statutory obligations—allowing you to concentrate on your core business with complete financial confidence.
Statutory and non-statutory audits as well as limited assurance assignments conducted in strict compliance with the International Standards on Auditing (ISA).
Addressing the challenge small, medium, and large organizations face in keeping adequate financial records and complying with applicable accounting standards.
Strategic tax planning and regulatory compliance across Companies Income Tax Act (CITA), VAT Act, Personal Income Tax Act (PITA), and WHT Regulations.
End-to-end payroll administration, multi-state PAYE registration, monthly remittances, and annual statutory employer/employee returns.
Specialized forensic accounting, fraud detection and prevention control design, and regulatory post-monitoring investigations.
Our fees are highly competitive and structured around the experience level of staff and effective time required to deliver measurable results for your organization.
Explore our structured service matrices across Accounting & Audit, Corporate Tax Filings, Withholding Tax & VAT, and Payroll Management.
Complying with International Standards on Auditing (ISA) and International Financial Reporting Standards (IFRS) for small, medium, and large organizations.
| S/N | Core Activity | Scope & Value Delivered |
|---|---|---|
| 01 | Review of Existing Accounting & Control Systems | Comprehensive evaluation of existing accounting and internal control systems, identifying lapses and recommending practical solutions to prevent and detect fraud or error. |
| 02 | Provision of Bookkeeping & Outsourced Accounting Services | Full outsourcing of the accounting function or dedicated accounting support services, enabling clients to focus on core activities with confidence that bookkeeping is handled by competent professionals. |
| 03 | Review of Adopted Accounting Policies (IFRS) | Detailed review of adopted corporate accounting policies in light of applicable International Financial Reporting Standards (IFRS) and generally accepted accounting principles. |
| 04 | Provision of IFRS Conversion & Statutory Audit Services | End-to-end IFRS conversion engagements alongside Statutory Audit, Non-Statutory Audit, and Limited Assurance assignments carried out in accordance with International Standards on Auditing. |
Assisting companies doing business in Nigeria to achieve seamless compliance with the Companies Income Tax Act (CITA) and subsidiary legislations.
| S/N | Activity | Regulatory Remarks & Execution |
|---|---|---|
| 01 | Companies Income Tax (CIT) Returns Submission | Thorough review, computation, and statutory submission of Companies Income Tax returns to the Federal Inland Revenue Service (FIRS). |
| 02 | Processing & Obtaining Tax Clearance Certificate (TCC) | End-to-end processing and follow-up with the relevant tax authority to obtain valid corporate Tax Clearance Certificates. |
| 03 | Routine Tax & Regulatory Advisory Services | Ongoing year-round tax planning and advisory to identify regulations relevant to company operations and prevent avoidable tax liabilities. |
| 04 | FIRS Tax Audit Representation & Query Resolution | Attending Federal Inland Revenue Service (FIRS) tax audits on behalf of clients and preparing technical responses to resulting tax queries. |
Monthly compliance reviews, return filings, credit note recovery, and audit representation under the VAT Act and WHT Regulations.
| S/N | Activity | Other Remarks / Comments |
|---|---|---|
| 01 | Monthly VAT Compliance Review & Filing of Returns | Relates to the monthly compliance review, computation, and statutory filing of the company’s monthly Value Added Tax (VAT) returns. |
| 02 | Monthly WHT Compliance Review & Filing of WHT Returns | Relates to the provision of professional services in connection with the review, schedule preparation, and filing of the company’s monthly Withholding Tax (WHT) returns. |
| 03 | WHT Credit Notes Management Services | Includes providing assistance with the collection of outstanding withholding tax credit notes from the company’s Customers/Clients, as well as notifying the FIRS on the company’s entitlement to WHT credit notes. |
| 04 | Comprehensive WHT and VAT Compliance Review | We review historical and current records of companies to assess compliance with WHT and VAT and estimate potential liabilities resulting from non-compliance, advising management on remediation. |
| 05 | Tax Query, Audit or Investigation Representation | Assistance in attending to the relevant tax authorities regarding any query issued on the company’s WHT and VAT compliance matters, or any audit/investigation conducted on tax and accounting records. |
Complete statutory employer and employee compliance across State Internal Revenue Authorities, ITF, and the Nigeria Social Insurance Trust Fund.
| S/N | Activity | Other Remarks / Statutory Deadlines |
|---|---|---|
| 01 | Pay-As-You-Earn (PAYE) Registration | Relates to the registration of the company for PAYE purposes in each state where the company has operations. |
| 02 | Industrial Training Fund (ITF) Registration | Statutory fund set aside by the employer for the training of employees in order to boost the number of skilled personnel in Nigeria. |
| 03 | Monthly PAYE Compliance Review & Return Filing | Provision of professional services in connection with the monthly computation, review, and filing of monthly PAYE returns and remittances. |
| 04 | Employee Compensation Act Registration (NSITF) | Registration with the Nigeria Social Insurance Trust Fund (NSITF), required prior to making statutory contributions to the Employee’s Compensation Fund. |
| 05 |
Ancillary Payroll Functions — Annual Statutory Filings:
i. Employer annual statutory returns
ii. Employee annual statutory returns iii. Individual Employee Tax Clearance Certificates (TCCs) |
• Employer Annual Returns: To be submitted on or before 31st January of every year. • Employee Annual Returns: To be submitted by 31st March of every year. • Employee Individual TCCs: Evidence of payment of taxes for the past three (3) years—required when dealing with Government, obtaining financial facilities, and embassy visa applications. |
| 06 |
PAYE Tax Audit Representation
Phase 1: Pre-audit review (if required)
Phase 2: Fieldwork & post-fieldwork reconciliation meetings |
We serve as an experienced intermediary between the client and the State Internal Revenue Authorities to resolve issues arising during PAYE tax audits and reconciliations. |
Select an area below to inspect the recommended engagement frequency, regulatory authority, and key deliverables for your organization.
Our engagements are led by seasoned Chartered Accountants, statutory auditors, and tax consultants with extensive regulatory and multi-sector experience across Nigeria.
Over 13 years of accounting experience and 9+ years of specialist audit, tax advisory, and financial investigation leadership across Lagos, Abuja, Port Harcourt, Warri, and Edo State.
Chartered Accountant with over a decade of experience. Former Microfinance Bank Head of Finance and consultant to the Central Bank of Nigeria (CBN) and PenCom on regulatory monitoring and recovery.
We are proud to provide audit, tax compliance, accounting, and advisory services to dynamic organizations across Nigeria’s key economic sectors.
Visit our Lekki Phase 1 office or send us your inquiry below for a prompt, confidential consultation on your audit, accounting, or tax advisory needs.
Whether your organization requires a statutory audit, monthly bookkeeping support, FIRS/State tax clearance, or payroll compliance, our team provides prompt, confidential guidance tailored to your operational needs.
We assess your organization’s statutory obligations, industry regulations, and timeline.
Receive a transparent proposal structured around effective time and required expertise.
Timely delivery compliant with IFRS, ISA, FIRS, and State Internal Revenue standards.
14B, Kingsley Emu Street,
Lekki Phase 1, Lagos, Nigeria
Mondays to Fridays
8:00 AM – 5:00 PM (WAT)
Complete the form below and our Client Service Team will respond promptly with a tailored engagement scope.