- VAT identification number is a unique number for businesses registered for VAT.
- It is also known as VAT registration number.
- Most businesses need a VAT number.
- Businesses need to register for VAT when they supply goods or services taxed with VAT, make intra-EU acquisitions, receive services for which they are liable to pay VAT, or supply services for which the customer is liable to pay VAT.
- Each EU country issues its own national VAT number.
- A simplified registration (One Stop Shop) is available for businesses supplying telecommunications, broadcasting and electronic services.
- Every VAT identification number begins with the code of the country and followed by digits or characters.
- Each EU country uses its own format of VAT identification number.
- Only tax administrations have the right to issue a VAT number.
- VAT numbers are used to identify tax status of the customer, help to identify the place of taxation, and are mentioned on invoices.
Source: taxation-customs.ec.europa.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
