VAT Return Services

Why Register for VAT

In Zambia, a business must apply to be registered for VAT if its turnover, within the scope of Zambian VAT, is in excess of ZMW 800,000.00 per annum. It may apply for voluntary registration where anticipated turnover is below this threshold if it can demonstrate a commercial reason for requiring VAT registration. It should be noted, however, that to obtain registration for VAT in Zambia, the company should be able to show that it is making a taxable supply of goods or services in, or from, Zambia. Alternatively the company should show that it is making supplies abroad that would be taxable supplies if made in Zambia. In this case it is normally expedient to show that the company is generating input tax, and does not have a tangible place of business in any other country.

Our Service

Nitram Management Consultants can register appropriate Zambian companies for VAT and provide VAT administration services. Registration is given at the discretion of Zambia Revenue Authority (ZRA), and the process usually takes about two weeks unless further queries arise during the application process. We cannot guarantee that a business will be registered, or that it will continue to be registered following an inspection of the records. We will however, if required, advise how problems can be minimized.

Value Added Tax is one of the most complex and onerous tax regimes imposed on business – so complex that many businesses inadvertently overpay or underpay VAT. The ever widening scope of VAT, the constant stream of detailed changes to the regulations, and the ever growing demands of ZRA call for a trained professional eye to ensure that you do not fall foul of the regulations and do not pay ZRA more than you need to! We provide an efficient cost effective VAT service, which includes:

  • Assistance with VAT registration
  • Acting as VAT agent
  • Advice on VAT planning and administration
  • Use of the most appropriate scheme
  • VAT control and reconciliation
  • Preparation and submission of VAT returns
  • Attending VAT inspections made by local VAT Inspectors