What are the main EU mentions on invoices for VAT in the EU ?

Here are the main EU mentions on invoices for VAT:

VAT Identification Number (VATIN):

The VATIN of the supplier (seller) and the customer (buyer) should be clearly stated on the invoice. This includes the two-letter country code followed by the unique numeric identifier.

Invoice Date:

The date of issue of the invoice should be included. This is important for determining the correct VAT period for tax reporting.

Sequential Invoice Number:

Each invoice should have a unique and sequential number. This helps in tracking and referencing invoices for both the supplier and the customer.

Full Name and Address of the Supplier and Customer:

The full legal name and address of both the supplier and the customer should be clearly stated on the invoice.

Description of Goods or Services:

A detailed description of the goods or services provided should be included. This helps tax authorities in determining the correct VAT treatment.

Quantity and Unit Price:

For each type of goods or services, the quantity, unit price, and any discounts or rebates should be clearly mentioned.

Net and Gross Amounts:

The net amount (excluding VAT) and the gross amount (including VAT) for each type of goods or services should be specified.

Applicable VAT Rate:

The applicable VAT rate for each type of goods or services should be clearly indicated on the invoice.

Total VAT Amount:

The total amount of VAT for each type of goods or services and the overall VAT amount for the invoice should be stated.

Currency:

The currency in which the transaction is conducted should be clearly mentioned.

Reference to VAT Exemption or Reverse Charge:

If the transaction is exempt from VAT or subject to the reverse charge mechanism, this should be clearly indicated on the invoice.

Additional Information:

Any additional information required by national regulations or specific circumstances should be included.

It's important to note that specific invoicing requirements may vary by EU member state, and businesses should familiarize themselves with the national rules of the countries they operate in. Additionally, since regulations may change, it's advisable to consult with tax professionals or check the latest official guidance from tax authorities.