V.I.S. – Value Added Tax Identification Number Information System
- Automatic verification of VAT ID No. and address for the entire customer base via BZSt and MIAS servers
- Verification of validity of German VAT ID numbers via MIAS server
- Automated identification of incorrect addresses and completion of missing customer base address data by accessing the European MIAS server (to the extent generally possible)
- Clearly structured status column (red, yellow and green)
- Detailed error information for invalid VAT ID No. or address
- Automatically sent written official confirmation, upon request
- V.I.S is based on Microsoft Excel and requires no installation
- Multilingual (German/English)
- Individually adjustable start delay / overnight batch run possible
- Integrated help function
- Intuitively simple operation without previous tax knowledge
- On request, we will inform and advise you on this topic personally during a one-hour workshop.
- We also offer an optional maintenance contract with a fixed maintenance fee for the V.I.S. application, totaling 20 percent of the cumulative fee for all active VAT ID numbers and which will be invoiced in advance. For the fulfillment of this contract, KPMG provides the relevant V.I.S. updates unrequested, on a data carrier chosen at the discretion of KPMG.
Single-user license: EUR 5000 for the first VAT ID number. An additional fee of EUR 500 each will be charged for the next ten German Group company VAT ID numbers. An additional fee of EUR 250 each will be charged starting with the twelfth Group company VAT ID number.
Administrative costs will be calculated at a 5% flat rate of the net fee invoiced. Inclusive within the flat rate are expenses incurred for telecommunication, database usage, and secretarial work such as print and graphics support. In addition, other expenses incurred in connection with the provision of services will also be invoiced. These particularly include, but are not limited to, expenses for travel and external providers based on actual costs incurred. Please note that the above stated net fee is subject to VAT at the legally applicable rate.
Which companies are particularly affected?
- All companies with deliveries within the EU and from 2010, that render cross-border (EU) services
- Companies with an extensive customer base
- Companies with a constantly changing customer base
Why do companies need a technical solution?
Each entrepreneur is required to verify the correctness of the VAT ID number in compliance with due diligence of a prudent business person. Especially due to the mounting corporate insolvencies, there is a risk of a 19 percent margin loss. In practice, the VAT ID number and the corresponding address data are currently usually entered individually and manually on the website of the Federal Central Tax Office (BZSt). Therfore, address errors oftentimes lead to insufficient query results. Manual amandments of the costumer base lead to an excessive work effort. Tax departments are frequently not able to assess the latent VAT risk.
Instructions on the application of V.I.S.
- V.I.S. is a Microsoft Excel-based tool, making application only possible in conjunction with Microsoft Excel. Consequently, it is not an independent software.
- Access criteria for placing a query with the BZSt, is a valid German VAT ID number
