Document background
The Net 30 Invoice is a standard commercial document used in business transactions where the seller extends 30 days of credit to the buyer for payment. Under Danish law, this document must comply with specific requirements set forth in the Danish Bookkeeping Act, VAT Act, and Late Payment Act. The Net 30 Invoice serves multiple purposes: it documents the sale of goods or services, establishes the payment obligation, sets the payment deadline, and serves as a tax document for VAT purposes. It is commonly used in business-to-business transactions across various sectors and must include specific information such as CVR numbers, VAT details, and payment terms. The document becomes particularly important in cases of payment disputes, as it serves as legal evidence of the debt and payment terms under Danish jurisdiction.
