FIRS Petroleum Profits Tax Return Form

Streamline Your FIRS Petroleum Profits Tax Returns with Paperform

For oil and gas companies operating in Nigeria, submitting accurate petroleum profits tax returns to the Federal Inland Revenue Service (FIRS) is a complex but essential compliance requirement. Our FIRS Petroleum Profits Tax Return Form template simplifies this process by providing a structured, digital solution for capturing production data, calculating royalties, and ensuring regulatory compliance.

Built for Nigerian Oil & Gas Compliance

This template is specifically designed for petroleum companies, production sharing contractors, and oil service firms that need to report under the Petroleum Profits Tax Act (PPTA). Whether you're managing upstream operations, production sharing contracts, or marginal field operations, this form helps you organize all the critical data FIRS requires—from crude oil production volumes and gas flaring statistics to capital allowances and royalty computations.

Automate Calculations and Reduce Errors

Using Paperform's built-in calculation engine, the template can handle complex petroleum profit tax computations automatically. Calculate assessable profits, apply the correct PPT rates, compute royalties based on production volumes, and determine your final tax liability—all within the form itself. This reduces manual spreadsheet work and minimizes calculation errors that could trigger FIRS audits.

Integrate with Your Workflow Using Stepper

Once your PPT return is submitted, you can use Stepper to automate what happens next. Route submissions to your finance team for review, trigger notifications to legal counsel, update your accounting software, or automatically generate supporting documentation. Stepper's AI-native workflow builder ensures your tax compliance process doesn't end at data capture—it flows seamlessly into your broader financial operations.

Secure, Compliant Data Collection

As an SOC 2 Type II compliant platform, Paperform provides the security and data residency controls Nigerian oil and gas companies need when handling sensitive production and financial data. You can collect TIN numbers, CAC registration details, production statistics, and financial figures with confidence, knowing your data is protected and your audit trail is complete.

Perfect for CFOs, Tax Managers & Compliance Officers

This template is ideal for financial controllers, tax managers, petroleum engineers, and compliance officers at oil and gas companies who need to prepare quarterly or annual petroleum profits tax returns. It eliminates the back-and-forth of email chains and PDF forms, centralizing all required information in one professional, branded submission that can be reviewed, approved, and filed efficiently.

With Paperform, Nigerian oil and gas companies get a flexible, no-code solution that meets FIRS requirements while maintaining full control over calculations, branding, and data security.