- The Ministry of Finance has introduced a new directive that extends value added tax (VAT) registration to professional service providers with annual turnover below two million birr
- For the first time, professionals outside the Category “B” classification under the income tax law must register regardless of their turnover.
- Entities covered by the directive must complete registration within 30 days of its entry into force.
Regulations - Financial
New Directive Brings Small-Scale Providers Below 2mln Br Into VAT Fold
