Status: LIVE

Formal Requirements for Invoices

Austria

• Supplier info

  • Name

  • Address

  • VAT ID (can be omitted if the supplier is outside of the VAT system, small company, some other rare exceptions exist)

• Recipient info (can be omitted if the invoice is for less than 400 EUR net)

  • Name

  • Address

  • VAT ID (it can be omitted if it’s a domestic invoice under 10k EUR net)

• Invoice date

• Due date

• Date of performance

  • goods: that’s the shipping date typically

  • services: it’s the period during which the work was done. Month level-granularity is OK. e.g. `November 2020 - March 2021`

• Invoice number (has to be monotonically increasing)

• Line items:

  • “Usual” description of good or service

  • quantity

  • net price

  • applicable tax rate (if all line items have the same tax rate, then this can be summarised once for the entire invoice and doesn’t need to be itemised on each line item)

• Quantity and usual desc

• Currency in which invoice is issued

• Legal notice. Depending on the situation, these need to be stated

  • Reverse Charge notice. Typically for services between different countries within the EU.

  • VAT exemption notice. Typically for small businesses that are under the VAT system threshold.