The Belgian Vlaams Belang party has put forward a bill to increase in the Value Added Tax registration threshold. The rise for 2025 would lift the threshold above which entrepreneurs would have to first VAT register from the current €25,000 to €35,000.
The hefty rise reflects the spike in Belgian inflation in 2022, when it rose above 12%. It is currently just above 3%.
In addition, Belgium is to implement the EU SME Scheme VAT registration thresholds which enable any EU resident business to sell goods or services in other EU member states under their resident VAT number below €100,000 per annum.
If agreed, these changes will come into effect from 1 January 2025.
VAT registration thresholds only apply to resident businesses. Non-resident businesses making taxable supplies which require them to VAT register (e.g. selling goods domestically), will have to VAT register immediately.
These increase changes will provide more latitude to small businesses whose turnover is close to the existing thresholds, and is broadly in line with forthcoming EU VAT registration thresholds. For registration purposes, the sales figure may be reduced by the amount of VAT paid on stock bought for re-sale. Businesses should use this reduced turnover figure to see if they can register for VAT.
Businesses may still voluntarily register for Belgian VAT.
2025 EU VAT registration & Intrastat reporting threshold
Country
VAT Registration thresholds
Intrastat thresholds
Resident
Non-resident
Arrivals
Dispatches
Arrivals Statistical
Dispatches Statistical
€10,000
€10,000 EU sellers only
–
–
–
–
€42,000
Nil
€1,100,000
€1,100,000
€12m
€12m
Belgium
€25,000
Nil
€1,500,000
€1,000,000
€25m
€25m
BGN 100,000
Nil
BGN 1.7m
BGN 2.2m
€17m
€36.1m
€50,000
Nil
€450,000
€300,000
€450,000
€300,000
Cyprus
€15,600
Nil
€320,000
€75,000
€2.7m
€5.8m
CZK 2m
Nil
CZK 15m
CZK 15m
CZK 30m
CZK 30m
DKK 50,000
Nil
DKK 22m
DKK 11m
DKK 22m
DKK 11m
€40,000
Nil
€700,000
€350,000
€700,000
€350,000
€20,000
Nil
€800,000
€800,000
€800,000
€800,000
Goods €85,000 Services €37,500
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
Goods €85,000 Services €42,500
Nil
€500,000
€635,000
€5m
€34m
€85,000
Nil
See country guide
See country guide
See country guide
See country guide
€50,000
Nil
€350,000
€200,000
€5m
€7m
€55,000
Nil
€570,000
€400,000
€7m
€10m
€50,000
Nil
€250,000
€200,000
€4m
€8m
Goods €35,000 Other €30,000
Nil
€700
€700
€700
€700
€20,000
Nil
Discretionary
Discretionary
Discretionary
Discretionary
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
RON 300,000
Nil
RON 1m
RON 1m
RON 10m
RON 20m
€62,500
Nil
€1m
€1m
€1m
€1m
€60,000
Nil
€220,000
€270,000
€4m
€9m
Spain
Nil
Nil
€400,000
€400,000
€400,000
€400,000
SEK 120,000
Nil
SEK 15m
SEK 4.5m
SEK 15m
SEK 4.5m
Non-EU
BAM 100,000
Nil
n/a
n/a
n/a
n/a
Iceland
ISK 2m
Nil
n/a
n/a
n/a
n/a
€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 (Intrastat Northern Ire only)
£90,000 (Apr 2024)
Nil
£500,000
£250,000
£24m
£24m