Voluntary Registration. 1. A Person who is not required to be registered under Article 50(1) of this Agreement who resides in any Member State may request to be registered therein, provided that the value of his annual supplies in that Member State is not less than voluntary registration threshold. 2. A Member State may allow the registration provided that the annual expenses of a person who is not obliged to register in that State exceed the Voluntary Registration Threshold in accordance with the conditions and rules determined by that State. 3. The Voluntary Registration Threshold is 50% of the Mandatory Registration Threshold.
Appears in 4 contracts
Samples: Common Vat Agreement, Common Vat Agreement, Common Vat Agreement
