VAT Registration of foreign persons
Tax Alert, June 2013
The recent adoption of the new Book of Rules on Entering into the Single Register for Indirect Taxes prescribes the registration for VAT purposes of foreign persons that perform taxable economic activities in BiH, even without exceeding the threshold of 50.000 BAM.
Based on the Book of Rules, if a foreign person performs economic activities in BiH, it is required to appoint a VAT representative in BiH, which is already registered as a VAT taxable person at the Indirect Taxation Authority of BiH. Both, the foreign person and the VAT representative are jointly and severally liable for VAT. The representative submits all returns, claims and other documents on behalf of the foreign person in accordance to legal provisions.
The competent authority for VAT registration is the Indirect Taxation Authority of BiH.