The VAT number is used for payment of VAT, prevention of double taxation, payment at the correct tax place, refund procedure, etc.
If your company meets the following conditions, you must register for VAT and obtain a VAT number:
- The company's total sales exceed 40,000 EUR within the fiscal year
Providing digital services (software, digital content) to individuals or companies within the EU
- VAT registration is voluntary if none of the above conditions apply.