VAT ID number is important for selling to customers in different EU countries. If both companies have valid VAT ID the payment of VAT is much easier as it falls on the buyer, thus avoiding double taxation.
Before dealing with a foreign company inside the EU it is important to check if they have a valid VAT ID, so you will know what future steps need to be taken in terms of VAT payment.
How to check if your customer has a valid VAT ID?
Public
Germany
Author: Kristina Dosen
Category:
Fiscal subject related
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749
Content accuracy validation date:
01.08.2022
Content accuracy validation time:
14:47h
Content
Checking if a company has a valid VAT ID is very simple and it can be done through „VIES VAT number validation“ which is a free online database set up by the European Commission. Anyone can submit inquiries about the validity of VAT identification numbers, which go directly to the Member State that issued the VAT number via the VAT Information Exchange System (Mias).
In the case your customer does not have a valid VAT ID you will have to declare VAT yourself.
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