1Participation runs on a TIN
The scheme identifies participants by Tax Identification Number. That is a broader net than VAT registration, deliberately.
This is the technicality that quietly widens the scope of the whole scheme. Participation is based on a Tax Identification Number rather than on VAT registration, which pulls in businesses that have never had any dealings with the Federal Tax Authority.
Four things worth understanding properly before you spend money on anything.
The scheme identifies participants by Tax Identification Number. That is a broader net than VAT registration, deliberately.
Businesses below the VAT threshold, or otherwise not VAT registered, may need to obtain a TIN ahead of their compliance date even though they will never file a VAT return.
Structured invoices identify both parties. Missing customer tax details will stop invoices rather than merely looking untidy.
Chasing tax details from a hundred customers in the month before your deadline is a bad month. Collecting them over a year is barely noticeable.
Written for someone doing this alongside running the business.
Short, practical answers. If yours is not here, ask us directly — we answer even if you never become a client.
Possibly yes. The scheme is based on a Tax Identification Number rather than VAT registration, so non-VAT-registered businesses can be captured and may need to register.
A TRN is the number issued on VAT registration. The e-invoicing scheme identifies participants by Tax Identification Number, which is why non-VAT businesses are included.
Add it to your onboarding process now so new customers arrive complete, then work backwards through your existing list over the coming months.
Most businesses will need something sitting between their sales desk and their Accredited Service Provider — a system that creates a proper structured invoice, holds the customer data the standard demands, and keeps a record an auditor will accept. That is what we build, and because we build it ourselves we can shape it around your business rather than asking you to reshape your business around a product.
GoldenKey is a business setup and compliance consultancy. We are not a Ministry of Finance Accredited Service Provider, and we do not claim to be one. Our software is built to work alongside the ASP you appoint. Scope, timelines and pricing are agreed in writing before any work starts.
Send a sample invoice and we will tell you which mandatory fields you are currently missing. That is the fastest way to size the job.
No cost, no obligation. We tell you which phase you fall into and what you actually need.
GoldenKey covers every step — start, run, grow — under one golden roof: