27 December, 2025, 12:41 am Central - 24°C Clouds

FRCS reminds all individuals and businesses for mandatory requirement of TIN for registering Mobile Wallet

FRCS reminds all individuals and businesses for mandatory requirement of TIN for registering Mobile Wallet

By Nilufa Buksh
26/11/2025

Fijians are reminded that a valid Taxpayer Identification Number (TIN) is now a mandatory requirement when registering for a Mobile Wallet account.

The FRCS reminds all individuals and businesses of the new requirements relating to Mobile Wallet (e-wallet) accounts, as announced in the 2025–2026 National Budget Promulgation.

In addition to the general TIN requirement, all businesses must maintain a separate e-wallet account exclusively for business transactions.

FRCS emphasises that businesses are urged to ensure that these accounts are correctly registered with a valid TIN and used solely for business purposes.

They add that under the new provisions of the Tax Administration Act, non-compliance may attract a fine not exceeding $25,000 or imprisonment for a term not exceeding 10 years, or both.

The FRCS also urges that non-compliance may lead to a suspension of services from the e-wallet service providers.

The FRCS strongly encourages all individuals and businesses to ensure they have a valid TIN and to update their details with their respective e-wallet service providers well in advance of the deadline to avoid penalties.

The deadline to register and update e-wallet accounts with the TIN is 31st December 2025.

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