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Zimbabwe - VAT registration guide

VAT registration guides

Contributed by Josephine Tsitsi Matambo, PKF Chartered Accountants (Zimbabwe)

VAT registration threshold – local establishmentUSD 25,000, or its ZWL equivalent with effect from 1 January 2024, and its ZiG equivalent with effect from 5 April 2024.
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Note: On 5 April 2024, Zimbabwe replaced the Zimbabwean dollar (ZWL) with a new local currency, the Zimbabwe Gold (ZiG). All ZWL balances were translated into ZiG as at that date.
VAT registration threshold – no local establishmentUSD 500,000 for non-resident entities providing broadcasting services in Zimbabwe or providing goods and services in Zimbabwe as an electronic commerce operator.
Voluntary VAT registrationA business may apply voluntarily for VAT registration in Zimbabwe if the projected taxable turnover for a 12-month period exceeds the registration threshold.
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The Zimbabwe Revenue Authority (ZIMRA) will usually request evidence such as customer contracts and current sales invoices to support the forecast value.
How to register for VATBusinesses that are liable for

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Web page updated on 24 Aug 2024 13:47