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Single company ID number comes into effect
From January 1, 2005, all businesses in Belgium will be required to use their unique company number when dealing with various government departments, De Standaard newspaper reports.
The single ID number replaces a range of previous numbers used for VAT, company registration and social security. Progress towards a single number to cover all administrative matters began with the establishment of Crossroads Bank for Companies, a central databank, in mid-2003.
The move is one in a number of steps being taken by the Government to reduce both the administrative load and administrative costs for business.
Reported by
FIT16 December 2004
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