What is VAT ID / VAT Number
What is VAT ID / VAT Number
VAT Number / VAT ID are unique number being used in European Union (except the United Kingdom) . The basic use of this number to track the purchasing on behalf of a business withing EU (European Union). This is a unique number consist of upto 15 characters.The first two letters indicate the respective member state, for example DE for Germany.
How does VAT number generated?
VAT Number generated based on certain predefined formats from EU government. This guidelines might gets changed time to time. You can see current VAT guideline at
http://www.hmrc.gov.uk/index.htm
Sample VAT Number
ATU12345678
BE123456789
BE0123456789
BG123456789
BG0123456789
CY12345678L
CZ12345678
Chandra Shekhar
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