Why is VAT number registration important? How do I get a VAT number registration in Europe?
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VAT number registration is important when engaging in the supply of taxed goods and services. This is because it identifies you or your business thus enhancing your eligibility for reclaiming VAT. This way, it separates you from persons and companies that are not registered. Remember, getting a VAT number registration also gives you the advantage of working with more clients, suppliers, and other businesses. After all, getting a VAT number registration improves your overall image and impression. Additionally, VAT number registration is important in knowing the tax status of an individual or business. Getting a VAT number registration isn’t a hassle in Europe, thanks to the European Chamber of Commerce.