As of April 1st, 2018, the threshold for VAT registration has entered into force for an annual turnover of ALL 2,000,000.
Small business taxpayers that during 2017 have carried out an annual turnover exceeding ALL 2,000,000, pursuant to this amendment, shall be automatically registered by the Tax Administration with the tax liability of Value Added Tax.
Moreover, under this liability shall also be registered every taxpayer, whether existing or recently registered, that foresees to carry out a turnover above this threshold during 2018.