As of February 1, 2015, companies wishing to obtain a VAT Registration Number must complete a new form.

The 088 Declaration corresponds to the National Agency of Tax Administration’s (N.A.A.F.) specific desire to assess the declarant’s intention and ability to carry out economic activity.

Compliance involves tracing, through the completion of a very detailed questionnaire, the taxpayer’s economic, financial and professional profile.

For example, it is asked what activity, profession and studies have been carried out by the directors of the company in the past 12 months.

In conclusion, the new Declaration 088 responds to the need for verification by A.N.A.F. that the taxpayer applying for VAT identification number meets certain minimum requirements.

We remain at the disposal of kind clients for clarification and arrange for completion, if necessary, of the new Form 088.