VAT Registration — Threshold, procedure and voluntary registration
VAT registration is the process by which a business registers as a VAT payer with UJP, with the right and obligation to charge VAT on services/goods and deduct input VAT.
Definition
VAT registration is the process by which a business registers as a VAT payer with UJP, with the right and obligation to charge VAT on services/goods and deduct input VAT.
Details
Mandatory: annual turnover above 2,000,000 MKD (in preceding 12 months or expected). Voluntary: below threshold — useful if you have high purchases (for input VAT deduction) or B2B clients. Process: application to UJP → approval in ~5 working days. Cannot deregister for minimum 5 years.
Example
Freelancer reached 1.8M MKD turnover in 10 months. Expects to exceed the 2M threshold → must submit VAT registration application to UJP before reaching it.