- A buyer needs only to withheld half (50%) of the 15% VAT payable from the seller; the buyer provides a voucher for the amount so withheld and the buyer pays the balance of the VAT in cash to the seller
- Companies with annual turnover of ETB 70M (about USD 2.035M) or more must file monthly and companies with annual turnover less than ETB 70M must file a VAT return every three months.
Source BDO
