- Israeli businesses must verify VAT numbers online to avoid compliance risks, penalties, and delays with the Israel Tax Authority (ITA).
- An Israeli VAT number is a unique 9-digit identifier required for VAT-registered businesses; regular validation is essential for compliance.
- VAT registration is mandatory for businesses with annual turnover above ILS 120,000 (as of 2025); non-resident companies must register regardless of turnover.
- Penalties for invalid or unverified VAT numbers include 1% of taxable turnover for late registration, minimum fines for inadequate recordkeeping, and interest charges.
- The standard Israeli VAT rate is 18% as of January 1, 2025; verifying VAT numbers helps prevent fraud and ensures eligibility for VAT refunds and credits.
Source: commenda.io
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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