According to FIRS Nigeria, the Seif Certification Forms are to be administered by Financial Institutions to enable account holders clearly document their respective jurisdictions of tax residence. Relevant Financial Institutions and other stakeholders have been adequately sensitised on this process.
The Self Certification form is basically to be administered on Reportable persons holding accounts in Financial institutions that are regarded as "Reportable Financial Institutions" under the CRS. Reportable persons are often non-residents.
Financial Institutions are expected to administer the Self Certification form on such account holders when information at its disposal indicates that the Account holder is a person resident for tax purpose in more than one jurisdiction.
The information that indicates an account holder is a resident for tax purposes in more than one jurisdiction, is expected to be available to Financial Institutions during account opening processes for the KYC and AML purpose and other persons who have residence for tax purposes in more than one jurisdiction or Country.
Please note that this is a seamless process as the form is available for download on the FIRS website: https://firs.gov.ng Financial institutions are expected to provide email addresses or electronic portals for customers to upload completed forms.
Click here to: Download Self Certification Form For Individual
Click here to: Download Self Certification Form For Entity
Click here to: Self Certification Form For Controlling Person