The EU needs a unified VAT solution. A Single VAT ID in Europe would bring more simplification, more compliance, more revenues, and less bureaucracy.

A Single VAT ID registration can truly benefit those traders that store and fulfil stock locally across the EU.

How? By extending the VAT One Stop Shop to onward sales: it allows all businesses to report all EU supplies and inventory movements in a single VAT return, and removes the unnecessary VAT compliance burden. And most importantly, it saves more than €8.000 of VAT returns filing every year for each EU country of storage.