Validate VAT number
When processing information of companies that are located in one of the EU countries, System One will automatically check whether the VAT number is valid. The system will prompt a notice when the number cannot be detected in the central EU database.
When companies in two different EU countries do business, it is mandatory by EU tax regulation to have a valid VAT number on the invoices. In addition to this, an invalid VAT number could be an indication that the company is not legit.