Document background
Commercial Invoice And Proforma Invoice documentation serves distinct but related purposes in business transactions under English and Welsh law. The Commercial Invoice is the final billing document issued after a sale, while the Proforma Invoice is a preliminary bill of sale sent before the completion of a transaction. These documents are essential for both domestic and international trade, containing detailed information about the seller, buyer, products, pricing, and payment terms. They must comply with UK VAT regulations, HMRC requirements, and when used internationally, align with customs requirements and export regulations. They are particularly important for tracking sales, maintaining accounting records, and facilitating customs clearance.
