Create an API for VAT numbers and integrate with company profiles

We could create an API for VAT numbers similar to services like vatlayer.com, allowing users to retrieve the VAT number of a company by sending its domain name. This API would also integrate into the Profit Vision of company profiles, automatically displaying the VAT number when available. Additionally, we could leverage AI to extract VAT numbers from Terms & Conditions pages on company websites.

🔹 Why?

• Provides easy access to VAT numbers for users looking to verify company identities.

• Improves company profile enrichment by adding verified VAT information.

• Automates VAT number extraction from Terms & Conditions pages using AI, increasing accuracy.

🔹 How it works?

1. Create a VAT number lookup API:

• Allow users to send a domain name (e.g., “example.com”) and get the VAT number of the corresponding company.

• Integrate with VAT validation services to ensure correctness.

2. Integrate the VAT number into company profiles:

• Automatically fetch and display the VAT number in the Profit Vision section of company profiles when available.

3. Leverage AI to extract VAT numbers from Terms & Conditions pages:

• Use AI-based document processing to scan and extract VAT numbers from publicly available Terms pages.

• Add a secondary data source for VAT numbers to complement the API.

4. Implement an intelligent search feature:

• Ensure users can easily query companies by VAT number or domain.

5. Ensure data accuracy:

• Implement validation checks to confirm the fetched VAT number matches the domain/company.

6. Provide real-time updates:

• Regularly update the database to reflect changes in VAT information.

7. Monitor performance and optimize the AI system for accurate extraction from web pages.