European Business Number (EBN)
We are aware that a number of our clients have received a letter from the "EBN European Business Number". DAD GmbH sends this letter to the recipient’s address asking for confirmation of the accuracy of the Company’s data (Company name, address, VAT ID number etc.).
The letter has a professional appearance and the form has already been pre-filled with the customer's data giving the recipient the impression of an existing relationship.
The attachment page is actually an order for advertisement services and contains the following details in the fine print;
"We accept the advertisement's annual costs of 890 Euro, which are payable in advance upon receipt of the invoice. We acknowledge that the contract is valid for the next three years and subsequently will be automatically extended annually unless we provide a written notice requesting termination of the contract…”
We will be advising our clients to ignore this letter and recommend seeking legal advice if they have signed and returned the form.
Please note that the contents of this blog have been provided for informational purposes only and are not intended to replace legal advice.