Obtaining a VAT number in Estonia
March 27, 2024 at 12:59 pm,
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The number of the Value Added Tax payer or VAT nr. is assigned to the entrepreneur on the basis of an application submitted to the Tax and Customs Board. The obligation to register as a VAT payer arises when the VAT taxable turnover of the company exceeds 40,000 euros in one business year. If the taxable turnover has not yet surpassed the previously defined threshold, but the company has directly commenced commercial activities and obtaining a VAT number is a reasonable step, considering the specifics of the business model and the expected business flows of the project, the entrepreneur has the right to register as liable for turnover tax on a voluntary basis.