Custom development and solutions
VIES VAT status check from PANTHEON
PANTHEON is connected to the EU VIES database. For a business partner we check whether they are in the VAT system, and the answer is VALID or INVALID. The reference number of the check is stored with every import or export document.
Why the VAT check is important
Supplies of goods to a customer in another EU member state are generally invoiced without Croatian VAT, but on the condition that the customer trades with a valid VAT identification number. If the number is not valid, the seller risks the tax authority asking for the VAT to be paid. A VIES check and a stored proof of it show that you acted with due diligence. That is why the check should be made for every partner and the result kept with the document, not only in someone’s memory or on a screenshot. For the exact procedure in your case, check with your accountant or tax adviser.
Why it matters
For deliveries and purchases from other EU member states it is important to know whether the partner is VAT registered. The check is done directly from PANTHEON, without visiting the VIES website and copying the result by hand.
The reference number stored with the document is proof that the check was made. It can be found on the import or export document itself when it is needed for an audit.
This is one of the add-ons we develop for PANTHEON. See the others on the Custom development page.
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