VAT registrations still on the rise in September but seem to decrease in October

Enterprises
VAT registrations still on the rise in September but seem to decrease in October

Between June and August, for each month observed, the monthly number of first registrations in 2020 was higher than in 2019. This positive trend continues in September 2020 with 9.6 % more first registrations than in September 2019. Nevertheless, we see in our experimental statistic after 30 days that this trend seems to be reversing in October (see our Datalab).

The same phenomenon can be seen for re-registrations over the same period with, in September, an 8 % increase compared to September 2019. Once again, the trend seemed to be reversing in October (see our Datalab).

De-registrations remain lower than in 2019.

Despite the disturbances related to the 7 months of Covid-19 crisis, the total population of VAT-registered units is still increasing compared to September 2019 (+3.9 %, +39,114 units).