If you are reading this, you are probably looking for a method that allows you to check the VAT number of any company, with a javascript response to incorporate into your digital media. Here we will answer how to get it.
In each monetary transaction, where a purchase and a sale are taking place, there is a tax, at least in the entire territory of the European Union. This is the Value Added Tax and implies a percentage on each product that people must pay for the transaction.
These transactions, therefore, the collection of this tax, is carried out at various times in the production chain, so percentages accumulate. All companies within the territory must comply with the tax despite this. This also influences that the prices are higher once the product is completely made, so as not to lose money.
In this sense, by charging a price that implies the accumulated price of VAT to pay it on their final product, factories or service companies often do not pay this tax since it is the end user who is paying it.
In each country where VAT is applied, this tax is generally one of the most important fiscal accumulation procedures since it is paid by the population as a whole. Many companies in the production chain try to falsify the VAT number to evade taxes, as is nothing new today in the world of production.
For this reason, government departments must control the fiscal and financial movement of companies to prevent violation of the law and tax evasion. For this reason, they must validate each VAT number of the products.
However, it can be problematic that a state office is reviewing each number one by one. You would waste a lot of time when you have a business to attend to, and also with the fatigue of doing this same automatic activity, you could have many errors.
An API To Validate VAT Numbers
APIs have been developed over the years as servers that transfer information from one device to another. But this also helps guarantee other types of functionalities as it is an artificial intelligence trained to, for example, recognize if a number is valid for such a thing.
In this case, an API that recognizes the VAT numbers will know if it is legal or if it is counterfeit. You could also relate the number with the companies and with the movement of money at the time.
One API that can do all of this is the VAT Validation API. It has the quality of being able to automatically verify these numbers and thus guarantee a clean fiscal process. It is very easy to use and also, and you can easily see the information in Javascript to also easily share it with those who correspond.
Why VAT Validation API?
This API covers the entire territory of the European Union. With the VAT Validator, you will be able to collect all kinds of additional data about certain companies about the VAT numbers provided, to find out if they falsified them.
You will be able to see information such as the name of the company and its location. You only have to register and depending on the subscription you will get different amounts of API calls.