- The Ministry of Finance in Ethiopia issued a directive clarifying VAT registration obligations.
- Taxpayers with turnover over ETB2-million must register for VAT within 30 days.
- Taxpayers maintaining books of account are also required to register.
- Registered taxpayers must collect VAT on taxable goods and services.
- This follows the repeal of the previous VAT Proclamation.
Source: ensafrica.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Ethiopia"
- Ethiopia Imposes 15% VAT on Non-Resident Digital Service Providers Supplying Ethiopian Customers
- Draft VAT Refund Directive Proposes Major Changes to Eligibility, Exporter Rules, and Refund Process
- Ethiopia Mandates VAT Registration for High-Income Taxpayers and Bookkeeping Entities Under New Directive
- Ethiopia Broadens Scope of VAT Registration
- Ethiopia Expands VAT Registration Requirements with New Directive, Mandating Compliance for Specific Taxpayers
