Document background
The Commercial Invoice Pro Forma Invoice is a crucial document in international trade transactions governed by German law. It serves as a preliminary invoice issued by the seller to the buyer before the actual shipment of goods, providing detailed information about the proposed sale, including product specifications, pricing, delivery terms, and payment conditions. This document is particularly important for customs valuation, obtaining import licenses, and applying for letters of credit. Under German jurisdiction, it must comply with the Handelsgesetzbuch (HGB), Umsatzsteuergesetz (UStG), and EU customs regulations. While not a demand for payment, the Pro Forma Invoice acts as a good faith agreement showing the seller's commitment to provide the goods at specified prices and terms, making it an essential tool in international trade negotiations and customs procedures.
