Document background
The Commercial Invoice And Tax Invoice is a fundamental business document required for all commercial transactions in Germany. It serves dual purposes: documenting the commercial transaction between parties and fulfilling tax documentation requirements under German law. This document is essential for compliance with the German Value Added Tax Act (UStG) and Commercial Code (HGB), particularly important for businesses operating in Germany or conducting transactions with German entities. The document must contain specific mandatory elements including seller and buyer details, VAT identification numbers, precise description of goods or services, tax rates, and payment terms. It forms the basis for VAT reporting, tax audits, and financial record-keeping, while also serving as legal proof of transaction for both parties involved.
