Belgium raises resident VAT registration threshold to €25,000
- Feb 2, 2013 | Richard Asquith
The Belgian VAT authorities have been granted permission by the European Union to raise the resident VAT registration threshold to €25,000.
Currently businesses and non-incorporated entrepreneurs are obliged to register for Belgium VAT once their annual sales exceed €5,580. Businesses may voluntarily register below this threshold.
On 22 January 2013, Belgium secured a derogation from the EU VAT Directive, which sets a minimum VAT registration threshold of €5,000. This new measure comes into effect from 1 January 2013.
VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax
Richard Asquith
Richard Asquith is the former VP Global Indirect Tax at Avalara