Persons who meet the following criteria must register for VAT:
- Persons whose annual income is $200,000 or more
- Persons whose monthly revenue is greater than $16,666.67
- Promoters of public entertainment (only for VAT)
For VAT purposes, “a person” is defined as: an individual, a company, a partnership, a joint venture, a trustee in a trust or estate or other unincorporated body, e.g. a club, a society or cooperative or statutory body.
Documents needed to register for VAT
For Companies the following documents are required for registration:
- Articles of Incorporation (Form 1)
- Notice of Address/Change of Address (Form 4)
- Notice of Directors/Change of Directors (Form 9)
- Request for Name Search/Reservation (Form 33)
- Certificate of Incorporation (Form 3)
For Individuals or partnerships the following documents are required:
- Application for Business Name (Form 1)
- Certificate of Registration (Form 6)