Last updated: November 27, 2024
Yes, in the Netherlands, an invoice can generally be issued on the date of demand, but there are a few guidelines to follow:
- Timeliness Requirement: According to Dutch tax regulations, invoices must typically be issued within 15 days after the month in which the goods or services were delivered. Issuing an invoice later than this could lead to compliance issues.
- Immediate Invoicing for Cross-Border EU Transactions: For intra-community supplies (sales to other EU countries), invoices should ideally be issued promptly on the date of demand or close to the delivery date, as EU rules require timely invoicing for VAT tracking.
- Payment Terms Flexibility: You can still set payment terms as you see fit, allowing flexibility for your clients, but make sure to issue the invoice within the regulatory timeline.
For tax compliance purposes, it's important to consider the maximum date you can issue an invoice for services or goods delivered in the previous year. In the Netherlands, invoices related to the prior year must generally be issued before the VAT declaration for that year is finalized, which is typically at the end of January. Issuing invoices beyond this point may result in compliance issues or require adjustments in your VAT reporting.
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