Who is liable to register for VAT?
Any person who trades in taxable supplies and whose annual taxable turnover exceeds or is likely to exceed US$40,000.00 or ZWL equivalent within a period of 12 months is required to register for VAT.
How to register for VAT in Zimbabwe?
Application for VAT registration can be done online using the ZIMRA E-services portal or manually by submitting a completed REV 1 form to a ZIMRA office.
The following documents are required to support a VAT registration application:
- Fully complete the REV 1 form.
- Bank Statement showing trade.
- A valid lease agreement or title deed.
- Sales invoices for the period from the commencement of trade to the date of application.
- A sales schedule for the period from the commencement of trade to the date of application
- A sales projections schedule for the next 12 months.
- A letter appointing a public officer.
Processing time
ZIMRA will process a VAT registration application within 14 days of receiving all the required documents.
Upon registration
Once registered for VAT, a business will be issued with a VAT number and advised of its VAT category. The business will also be required to start charging VAT on its taxable supplies and filing VAT returns with ZIMRA according to your registration category.
Failure to register for VAT
Failure to register for VAT when required to do so is an offence and may result in penalties and interest being charged by ZIMRA.
Additional information
Once VAT registered, one need to acquire a fiscal device and Interface with ZIMRA.
