The Fiji Revenue and Customs Services (FRCS) has announced an extension for the mandatory Tax Identification Number (TIN) requirement for mobile wallet accounts, pushing the deadline to January 31, 2026. This extension is part of the FRCS’s ongoing efforts to enhance compliance with tax regulations.
A valid TIN is essential for opening and maintaining mobile wallet accounts. As outlined in the 2025–2026 National Budget Promulgation, all users are required to update their information with their respective e-wallet service providers. This regulatory shift aims to ensure that customers using e-wallets for business transactions have a separate account designated exclusively for business purposes.
FRCS emphasizes the importance of proper registration, urging customers to ensure their business accounts are linked to a valid TIN and utilized solely for business activities. The Tax Administration Act introduces significant penalties for non-compliance, which may include fines of up to $25,000 or imprisonment for a maximum of 10 years.
In alignment with these new measures, FRCS is committed to collaborating closely with licensed e-wallet service providers to facilitate a seamless implementation of these requirements, highlighting an optimistic approach to compliance and accountability within Fiji’s digital economy. By fostering these practices, the FRCS aims to support a more robust financial environment and encourages responsible use of digital payment systems.
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