Frequently Asked Question

Who is required to have EFD and when?
Last Updated a year ago

Regulation (Tax Invoice Monitoring System Regulations 2019 29.1) gives power to the Commissioner to declare groups of taxpayers, which will be obliged to use the system. The Risk Management department handles the selection of taxpayers.

A. Group of businesses affected

As required under regulation 29, the Ministry will specify group of businesses that will be required to comply with all legal requirements under the Regulations. The Ministry will roll out this specification in five (5) groups. They are as follows:

  • Group 1 – Click here to access the list of the first 203 businesses that will be required to adhere to legal requirements under the Regulations within timeframe set out in Part B of this Notice.
  • Group 2 –To be confirmed by the Ministry.
  • Group 3 –To be confirmed by the Ministry.
  • Group 4 –To be confirmed by the Ministry.
  • Group 5 –To be confirmed by the Ministry.

Each Group is required to go through the main provisions of the Regulations in order to fully understand the requirements and obligations that must be complied with for a successful implementation of TIMS.

Click here to access the main provisions of the Regulations.

B. Specific time for each Group of business to comply with the Regulations

Implementation of TIMS will be rolled out in five (5) phases, which means each Group is given a different time period to comply with the requirements under the Regulations. Therefore, as required under regulation 29, each group must comply with the requirements under the Regulations no later than:

  • 1st July 2020 - Group 1
  • 1st October 2020 - Group 2
  • 1st January 2021 - Group 3
  • 1st March 2021 - Group 4
  • 1st June 2021 - Group 5



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