- Clear invoice terms are essential for B2B transactions to ensure correct payments and protect legal rights.
- Peppol’s introduction highlights the need for proper invoice terms tailored to businesses.
- Key invoice terms include payment deadlines, late payment consequences, ownership transfer, and dispute resolution.
- Belgian law sets a maximum 60-day payment term for B2B, with interest and compensation rules for late payments.
- Ownership retention and dispute timelines should be explicitly stated in invoice terms.
Source: alaska-group.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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