When operating within the EU, companies are required to verify the validity of their business partners’ VAT numbers.
The most common mistakes include:
- VAT numbers are not checked,
- the business partner is no longer VAT registered,
- invoice information is incorrect.
Potential consequences:
- incorrect VAT treatment,
- denied VAT deduction,
- additional explanations during tax audits.
FURS pays particular attention to compliance in cross-border EU transactions.
➡️ Important: A single incorrect detail on an invoice may create significant tax risks.
➡️ Practical advice: Verify VAT numbers before issuing invoices — not after an audit begins.
CTA:
👉 We can review the compliance of your EU VAT transactions.16