Are you an entrepreneur who is not established in the Netherlands? And do you supply goods or services to the Netherlands? Then you are foreign entrepreneur in terms of VAT.
Value-added tax, also known as VAT, is a tax levied that applies to all EU members. The VAT consumption tax is usually applied to all goods and services bought and sold in Europe, whether for private or commercial use.
There are three categories that are uniformly applied across all nations: general, reduced (for things like food and transportation), and super-reduced (foodstuffs, newspapers, books, etc.). Each country, however, determines its own application fees, and some have even done away with the extremely low charge.
Given the current state of business, knowing the European VAT legislation is the key to maximizing any opportunity that may arise, such as nes European consumers, customers or clients. You should know that VAT applies to the vast majority of the items you purchase in Europe right away.
As a result, if you are aiming to acquire clients from, for example, the Netherlands, you will need to not only apply and accrue VAT, specially if your business sales reach the 100,000 EUR limit. But also, it will be very important that you provide yourself with the means to check and validate VAT numbers.
VAT number format in the Netherlands
When using a Netherlands VAT number format, the data is verified against official Norwegian government services. Dutch VAT number is called “BTW-identificatienummer” or short “BTW-nummer”. The number consists of the country code “NL” which is followed by 12 characters. These can be digits and letters. The symbols + and * can be parts of the VAT number as well.
VAT number in the Netherlands is mandatory whether you want to store goods in the Netherlands or for intra-community shipments. That’s why making sure you have the means to check and validate numbers is the first thing you will have to think about when conducting business in the country.
VAT number check API will enable you to validate VAT numbers, retrieve all or single EU VAT rates based on IP address or country code, convert prices in compliance with EU VAT rates and types, and more.
Using this VAT Validation API, you may batch-validate the business data of your Dutch clients. When a consumer chooses to enter their VAT number during the checkout process, the API will automatically decide which government agency it will submit the request to.
After this, VAT number check API will inform you if the number entered is false or if it is a true number, in which case it will provide a report with the information of the country to which the number belongs, the name of the company and its address according to the commercial data.
By doing this, you can make sure that you always have your clients’ complete, accurate, and most importantly, current VAT numbers. You may quickly check for missing or inaccurate VAT numbers by logging in and doing an API query, and if necessary, remove them from your system.
The highest level of interoperability with all of your applications, systems, programming languages, and frameworks is ensured by the use of clear and simple-to-understand URL structures to request API results.