Yes, invoices generated through CommBilling are fully compliant with EU legislation. The platform is designed to ensure that all invoices meet the legal requirements for businesses operating within the European Union, making tax compliance straightforward and stress-free.
Key Features Ensuring EU Compliance:
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European VAT Validation
- CommBilling automatically validates VAT numbers for customers within the EU.
- The correct VAT rate is applied based on the customer’s location, ensuring accurate and compliant invoicing.
- CommBilling automatically validates VAT numbers for customers within the EU.
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Legally Required Fields
- Invoices generated by CommBilling include all mandatory details, such as:
- Seller and buyer information (name, address, VAT number).
- Unique invoice number.
- Date of issuance.
- Description of goods or services provided.
- Total amount, including tax breakdowns (VAT applied).
- Invoices generated by CommBilling include all mandatory details, such as:
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Automated Tax Calculations
- The platform calculates VAT automatically, reducing the risk of errors and ensuring adherence to EU tax laws.
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Archiving and Record-Keeping
- CommBilling supports proper record-keeping by allowing you to download and store invoices in PDF and CSV formats, aligning with EU requirements for tax audits and reporting.
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Compliance with Local Regulations
- CommBilling adapts to individual EU member state rules, ensuring that your invoices remain compliant regardless of where your business operates within the EU.
CommBilling takes the complexity out of EU invoicing by automating compliance with legislation. From VAT validation to legally required fields, every invoice is generated to meet the highest standards of accuracy and legal adherence.