Taxpayer and VAT registration
All individuals and entities engaged independently in a trade,
business, or profession with the objective of earning income are
liable to pay VAT. As a result, sole proprietors and self-employed
professionals are subject to VAT, as are commercial entities,
whether incorporated or not (e. G. Partnerships, corporations,
associations).
VAT liability begins – independently of the formation of the
corporation or the partnership by civil law – with the inception of
sustained business transactions. It ends when the entire legal
relations of the business are completed, including the legal rela-
tionship with the tax offce.
EU Forecast
euf:ba.18g:74/nws-01