A person registered or obliged to be registered as a VAT payer. Compulsory registration binding upon: • A person who carries out an economic activity and whose gross amount of operations to be taxed by VAT during any continuous 12 calendar month exceeds 100 000 GEL (except the below-mentioned case), is obliged to register as a VAT payer and he is considered as a VAT payer from the moment of execution of a taxable transaction (including this transaction), according to which th