VATupdate

Share this post on

What is a Wirtschafts-ID Nummer in Germany?

Wirtschafts-ID Nummer is an economic identification number in the private sector for economically active persons, such as:

  • Natural persons with economic activity (self-employed, freelances, sole-traders, retailers)
  • Legal persons
  • Associations of persons
  • Entrepreneurs
  • Employers

This number will be assigned in addition to their unique tax identification numbers. It was created with the aim of making identification easier between private areas and operational areas, and it will replace the sales tax identification number, which is no longer required. Each economically active person will therefore have one identification number for all types of taxes.

Source Marosa

Sponsors:

VAT news

Advertisements:

  • VATupdate.com