Registration for VAT is mandatory to every person upon attaining the registration threshold of 200 million in the period of twelve months and above. This condition applies to all types of registration except for professional service providers, Government entity or institution which carries on economic activity and an intending traders after fulfillment of sufficient evidence such as contracts, tenders, building plans, business plans and bank financing.
A person who is required to be registered shall make an application to Commissioner General within thirty days (30) but an intending trader may make such application at any time.
If the Commissioner General is satisfied that a person is required to be registered with VAT and there is a good reason including protection of Government revenue but has not applied for it, shall register and notify such person not later than 14 days after the day on which registration is done regardless of the turnover.
Registration process.
Application for VAT registration manually by filling form ITX245.02.E Application for Registration for VAT.
VAT Registration Certificate.
Upon registration, a taxpayer shall be issued with a Certificate of Registration stating the name and principal place of business of the taxable person, the date on which the registration takes effect, his Taxpayer Identification Number and his VAT registration number.
A person shall show his Taxpayer Identification Number and his VAT registration number in any return, notice of appeal or other documents used for official VAT purposes and display his certificate of registration in a noticeable position at his principal place of business.