Togo VAT registration threshold

The new Finance Act has been passed in Togo, and includes the following amendments to the VAT compliance regime:

• VAT invoices must now include a sequentially unique number
• A pre-prepared invoice format must be used which is available from the tax office.
• The VAT registration threshold has been raised to FCFA 50 million per annum
• An option will be available for voluntary registration for VAT

The standard VAT rate in Togo is 18%, which is towards the higher end of the average VAT rate in Africa.  Foreign companies may provide goods or services in Togo via a fiscal representative.  Otherwise the customer is required to report the sales VAT.