vat.revenue.gov.bs Register A Taxpayer : Online Tax Administration Bahamas

Organization : Online Tax Administration
Facility : Register A Taxpayer
Country : Bahamas
Website : https://vat.revenue.gov.bs/Home

Register A Taxpayer :

Businesses operating in The Bahamas that provide taxable supplies of $100,000 or more are required by law to register for VAT.

Related : Create a User Account Online Tax Administration Bahamas : www.statusin.org/29100.html

However, businesses providing taxable supplies that are below $100,000 are not required to register, but may wish to voluntarily register for VAT. Persons who meet the registration threshold but do not apply for registration can be forcibly registered by the Comptroller.

Eligibility :
An individual or entity/non-individual can be :
1. Liable for VAT, meaning :
** you are above the VAT threshold and are therefore legally responsible to collect VAT on behalf of the Government of The Bahamas or

** you are below the VAT threshold but want to legally collect VAT on behalf of the Government of The Bahamas

2. or not Liable for VAT, meaning :
** The entity is below the VAT threshold and has no desire to collect VAT on behalf of the Government of The Bahamas

An individual or non-individual can identify a Representative to conduct business with the government on their behalf. (Depending on the legislation representatives may be fully or partially liable in their role of acting on behalf of the taxpayer.)

An Individual is considered to be a Sole-Trader/Proprietor or other individual who needs to :
** File and pay taxes,
** Communicate with or send an enquiry to the department, or
** Conduct business with the Government.

A Non-Individual is considered to be a Company, Partnership, Non-Profit/Charitable Organisation, International Organisation, Embassy/Diplomatic Mission, or such that needs to :
** File and pay taxes,
** Communicate with or send an enquiry to the department, or
** Conduct business with the Government.

The following persons are expected to register irrespective of their threshold :
** Government Entities
** Auctioneers

Process :
1. Sign-up for a free User Account
2. Once you have an account, log in using your user name and password.
3. Click the button “Register New Taxpayer”.

4. Complete the application; check the declaration which indicates that the information is correct, and that you accept the terms and conditions of the site.
5. Submit the online form.

6. An online acknowledgement is immediately seen supplying you with a Registration Case Number and the time period within which you will be responded to.

7. An e-mail with your Registration Case Number will be sent to you.
8. The application will be vetted by a Registration Officer. The officer may contact you to verify information or request supporting documents.

9. Once approved for VAT, an email notification will be sent to the applicant indicating the following :
** Assigned Tax Identification Number (TIN)
** Department assigned to (very large, large, medium, small, very small. Based on your total taxable sales)

** Filing frequency (monthly, quarterly, bi-annually)
** Accounting basis (Cash or Accrual)
** A VAT Registration Certificate will be attached to the email notification.

If rejected, you will receive an email stating the reason(s) for rejection. You can contact the VAT Department for further information, however once the reason(s) for rejection is/are resolved, your application may be considered.

If approved for TIN only registration, the email notification will contain a TIN Registration Certification document which will indicate the TIN and the effective date of registration.

Application Form(s) :
VAT is administered through the Government’s Online Administration Tax System. An online VAT Registration form can be accessed from this site. Manual registration will only be possible by pronouncement of the VAT Comptroller.

The form has five basic sections :
1. Taxpayer Details : You will provide taxpayer information according to whether an individual or non-individual is being registered

** Business name or first name, middle initial and last name, and Trade name. The name provided must be exactly as provided to the relevant registering or licencing authority (Business Licence Unit, Registrar General’s Department, Central Bank of The Bahamas).

** Registration and/or licence number and business type code issued by the registering agency.
** The date the business or organisation was formed may be required.

** The National Insurance Board number. This could be either your employer number or the personal NIB, or both. If non-Bahamian, provide your country’s national identification number (e.g. Social Security Number).