Solution enviroment
Industry
CROSS-INDUSTRY
Line of Bussiness
Finance
Regions
Europe
Product type
Industry Solution
VAT Number Validation
The app for automated VAT Number Validation
EN
ES
DE
ZH-HANS
FR
RU
Situation
- Your VAT number identifies you as a company within the European Union and thus enables you to trade in services and goods.
Challenges
- The existence of a correct VAT number is one of the prerequisites for the VAT exemption of a delivery.
- If the correct VAT number is not available, the tax may have to be paid subsequently.
Solution Inovation
- With "VAT Number Validation", the VAT IDs, name, legal form, street and postcode of your customers can be checked by the German Federal Central Tax Office and the European Commission at the click of a mouse.
- This can be done individually for each customer, or several times a day by means of a mass data run. Using ready-made data sources and audit logs, you can see all current and past audit results of the VAT IDs.
Value drivers
- Automatic check
- Reporting
- Validation history
