Single taxable person scheme (VAT Group) – Entry, exit and dissolution of the single taxable person

• The single taxable person is established for a minimum of three years, during which the composition of its members cannot be changed, with some exceptions.
• After this period, the composition can change under certain conditions.
• The existence of the single taxable person and its members are subject to specific criteria. If a member no longer meets the criteria, they may withdraw from the single taxable person or be dissolved.
• The initial option for the single taxable person must cover a mandatory three-year period, during which the composition cannot be changed, and no new members can join.
• Exceptions exist for entities that did not initially meet the criteria but later do. After the initial three years, new members can join, and existing members can leave under specific conditions.

Source Bofip

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