Changes regarding the VAT registration procedure

1. Taxpayers are no longer required to submit the Statement 088 on the intention and capacity to carry out operations requiring VAT registration;

2. The default cancellation of the VAT registration for taxpayers that cannot justify their intention and capacity to carry out operations requiring VAT registration is applicable only to taxpayers considered posing a fiscal risk.

3. The Fiscal Authority cannot reject an application for VAT registration before first allowing the taxpayer to dispute the decision within 45 days from the date that it was communicated to the taxpayer.

The criteria for the VAT registration remain unchanged, namely:

1. The taxpayer must carry out economic activities;

2. The administrators/shareholders of the company requesting the VAT registration must not have a criminal record;

3. The Fiscal Authority must agree that the taxpayer has the intention and capacity to carry out operations in the VAT scope.

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