Why do I need a VAT id?

To be in accordance with tax law, we have to make sure that the entity that is purchasing a subscription is a business. End-customers are not allowed to purchase a subscription of OtterlyAI.

If you’re a business located in the EU, OtterlyAI is required by law to collect your VAT ID for tax purposes.

When is a VAT ID required?

• EU Businesses: A valid VAT ID ensures your invoices are tax-compliant and allows us to apply the correct VAT rate (or zero rate for intra-EU transactions).
• Non-EU Businesses: No VAT ID is required, but you may need to provide your company details for invoicing.
  
  

Why we ask for it:

• To comply with EU tax regulations
• To generate valid invoices for your accounting
• To avoid charging unnecessary VAT if you qualify for reverse charge