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Scaling Pains Does my business need a tax ID now?

Hi everyone,

I was having a professional chat with my husband today about the future of Bag Habit. We’ve been incredibly established in the local market, but our international presence is growing so fast! I’m trying to figure out exactly when to register VAT sole proprietor status to avoid any legal hiccups.

Is it better to wait until you are legally forced, or should you move earlier to look more professional to global suppliers? I want my boutique to remain high-quality and curated, so any professional advice from those who have transitioned their small businesses would be greatly appreciated.

Thanks in advance.