Recap of the Quick Fix on the VAT identification number

Since the 1st of January this year obtaining a valid VAT identification number of the customer in case of intra-Community supplies has become a material requirement for the application of the VAT exemption (zero-rate).

What does this mean for your business? In this animated video we provide you with more insights for your business, like:

  • What is a VAT identification number?
  • When do you need a VAT identification number?
  • What has changed since January 1, 2020 regarding this matter?

For more information please see also our article and Q&A about this regulation. In case you have any questions or would like to discuss this for your business, please contact Marisa Hut or Jayant Rakhan from the VAT & Customs Advisory team.