- Short-term accommodation providers, including those on platforms like Airbnb and VRBO, must register under the GST Act
- All operators must obtain a valid business license to legally operate
- Failure to comply may result in penalties, fines, or legal actions
- The Inland Revenue Department is committed to ensuring all eligible providers are registered for GST
- Beginning October 1st, 2024, operators without proper registration will be in violation of the law
- Operators are urged to complete registration and obtain a business license
- To begin the registration process or apply for a business license, visit the Inland Revenue Department or contact them for assistance
- Cooperation in complying with local laws and regulations is appreciated
- Wishing operators a Merry Christmas and a Happy New Year filled with success and prosperity
Source: ird.gov.ai
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
