ViDA, which stands for "VAT in the Digital Age", is a European Commission initiative focused on modernizing and digitizing the way businesses handle Value Added Tax (VAT) obligations within the EU. It aims to reduce VAT fraud, increase process efficiency, streamline tax compliance, reduce errors, and enhance transparency. This initiative is a package of measures designed to update the current VAT system, aligning it with the digital economy and addressing challenges faced by businesses in the digital age.