Following the announcement of the 2025–2026 National Budget by the Deputy Prime Minister and Minister for Finance, Strategic Planning, National Development and Statistics, Honourable Professor Biman Prasad, on 27 June 2025, the Fiji Revenue and Customs Service (FRCS) wishes to provide clarification regarding the VAT Monitoring System (VMS) registration requirements for businesses with an annual turnover of $50,000 or more.
VMS registration is mandatory for businesses falling under Phases 1 to 3 of the implementation schedule:
Phases | Industry Breakdown | Date |
Phase 1 | Supermarket & Pharmacies | 31st December 2025 |
| Phase 2 | Medical Centres, Travel Agencies, Accounting Firms, Law Firms and Hardware companies | 31st December 2025 |
| Phase 3 | The list of applicable businesses and corresponding timelines will be published in the Government Gazette in Due course. | |
Businesses not included in the above phases but wishing to voluntarily comply with VMS requirements may contact FRCS by emailing at efdenquiry@frcs.org.fj.
FRCS appreciates the cooperation of all stakeholders in ensuring a smooth and transparent implementation process.
Last Updated - February 4, 2026