Doubling of the registration threshold to lift thousands of business out of the VAT net
The Czechia government has put forward a Bill to double the VAT registration threshold from CZK 1 million to CZK 2 million (about €85,000) per annum. The Czech Republic was been given permission by the European Commission (and European Council) to raise its VAT registration threshold.
The Bill schedules the rise for 1 January 2023.
This is a short-term derogation from the EU VAT rules, and is provided until 31 December 2024. This date was picked to coincide with the introduction of the new Small Enterprise VAT registration threshold reforms, which come into effect on 1 January 2025. At that point, Czechia may apply for an extension which is likely to be granted.
This VAT registration threshold does not apply to non-resident businesses which must register immediately if providing certain taxable supplies – imports, domestic sales or live events admissions etc.
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2024 EU VAT registration & Intrastat reporting threshold
| Country | VAT Registration thresholds | Intrastat thresholds | |||||
| Resident | Non-resident | Arrivals | Dispatches | Arrivals Statistical | Dispatches Statistical | ||
| EU One-Stop Shop | €10,000 | €10,000 EU sellers only | - | - | - | - | |
| Austria | €35,000 | Nil | €1,100,000 | €1,100,000 | €12m | €12m | |
| Belgium | €25,000 | Nil | €1,500,000 | €1,000,000 | €25m | €25m | |
| Bulgaria | BGN 100,000 | Nil | BGN 1.65m | BGN 1.9m | €16m | €37.2m | |
| Croatia | €40,000 | Nil | €450,000 | €300,000 | €450,000 | €300,000 | |
| Cyprus | €15,600 | Nil | €320,000 | €75,000 | €2.7m | €5.8m | |
| Czechia | CZK 2m | Nil | CZK 15m | CZK 15m | CZK 30m | CZK 30m | |
| Denmark | DKK 50,000 | Nil | DKK 22m | DKK 11m | DKK 22m | DKK 11m | |
| Estonia | €40,000 | Nil | €700,000 | €350,000 | €700,000 | €350,000 | |
| Finland | €15,000 | Nil | €800,000 | €800,000 | €800,000 | €800,000 | |
| France | Goods €85,800 Services €34,400 | Nil | Discretionary | Discretionary | Discretionary | Discretionary | |
| Germany | €22,000 | Nil | €800,000 | €500,000 | €49m | €51m | |
| Greece | Nil | Nil | €150,000 | €90,000 | €150,000 | €90,000 | |
| Hungary | HUF 12m | Nil | HUF 270m | HUF 150m | HUF 5.5bn | HUF 15bn | |
| Ireland | Goods €80,000 Services €40,000 | Nil | €500,000 | €635,000 | €5m | €34m | |
| Italy | €85,000 | Nil | See country guide | See country guide | See country guide | See country guide | |
| Latvia | €50,000 | Nil | €350,000 | €200,000 | €5m | €7m | |
| Lithuania | €55,000 | Nil | €550,000 | €400,000 | €7m | €10m | |
| Luxembourg | €35,000 | Nil | €250,000 | €200,000 | €4m | €8m | |
| Malta | Goods €35,000 Other €30,000 | Nil | €700 | €700 | €700 | €700 | |
| Netherlands | €20,000 | Nil | Discretionary | Discretionary | Discretionary | Discretionary | |
| Poland | PLN 200,000 | Nil | PLN 6.2m | PLN 2.8m | PLN 103m | PLN 150m | |
| Portugal | Nil | Nil | €600,000 | €600,000 | €6.5m | €6.5m | |
| Romania | RON 445,500 | Nil | RON 1m | RON 1m | RON 10m | RON 20m | |
| Slovakia | €49,750 | Nil | €1m | €1m | €1m | €1m | |
| Slovenia | €50,000 | Nil | €220,000 | €270,000 | €4m | €9m | |
| Spain | Nil | Nil | €400,000 | €400,000 | €400,000 | €400,000 | |
| Sweden | SEK 80,000 | Nil | SEK 15m | SEK 4.5m | SEK 15m | SEK 4.5m | |
| Non-EU | |||||||
| Bosnia | BAM 100,000 | Nil | n/a | n/a | n/a | n/a | |
| Iceland | ISK 2m | Nil | n/a | n/a | n/a | n/a | |
| Montenegro | €35,000 | Nil | n/a | n/a | n/a | n/a | |
| Norway | NOK 50,000 | Nil | n/a | n/a | n/a | n/a | |
| Russia | RUB 8m (on application) | Nil | n/a | n/a | n/a | n/a | |
| Switzerland | CHF 100,000 | CHF 100,000 global income | n/a | n/a | n/a | n/a | |
| Turkey | Nil | Nil | n/a | n/a | n/a | n/a | |
| UK (Northern Ireland - EU Intrastat only) | £90,000 (Apr 2024) | Nil | £500,000 | £250,000 | £24m | £24m | |
