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January 28, 2015, Attention: Virginia Credit Union League Member Credit Unions Re: Governance Committee Solicits Prospective Candidates Dear Credit Union Official: The Governance Committee of the
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VACUL stands for Value-Added Chain Unified Locator. It is a form used by businesses to report their value-added activities.
All businesses engaged in value-added activities are required to file VACUL.
VACUL can be filled out online through the designated portal provided by the regulatory authority.
The purpose of VACUL is to track and monitor value-added activities of businesses in order to assess their contribution to the economy.
Businesses must report details of their value-added activities, including inputs, outputs, and value-added components.
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