Company name from VAT number, also known as VAT number lookup, refers to a service that allows individuals to identify a company’s name using its Value-Added Tax (VAT) identification number. For instance, if a VAT number is GB123456789, a VAT number lookup service can reveal the corresponding company name, such as “ACME Corporation Limited”.
Determining the company name from its VAT number holds practical significance in various business dealings. It enables thorough due diligence checks, verification of supplier or vendor information, and assessment of a company’s credibility and legitimacy. Historically, this process was time-consuming and involved manual searches through government databases. However, the advent of automated VAT number lookup services has greatly streamlined the task.