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A Private Invoice under Austrian law is a fundamental commercial document used to request payment for goods or services provided in business transactions. This document type must comply with strict requirements set forth in the Austrian Value Added Tax Act (Umsatzsteuergesetz) and Commercial Code (Unternehmensgesetzbuch). It serves multiple purposes: requesting payment, documenting transactions for accounting purposes, supporting VAT claims, and meeting tax authority requirements. Private Invoices must include specific mandatory elements such as sequential invoice numbers, tax identification details, and proper VAT calculations. The document is crucial for both the issuer and recipient, as it serves as evidence for tax deductions and maintains compliance with Austrian business documentation requirements. It's particularly important in the context of Austria's role in the EU single market, where cross-border transactions require careful attention to both national and EU-wide regulations.

1. Invoice Header: Contains invoice number, date of issue, and 'RECHNUNG' (Invoice) clearly marked

2. Seller Information: Full legal name, address, tax number, VAT ID (if applicable), and contact details of the issuing party

3. Buyer Information: Full name and address of the recipient, their VAT ID (if applicable)

4. Service/Product Details: Itemized list of goods/services, quantities, unit prices, and total amount per item

5. Payment Information: Total amount, VAT breakdown, payment terms, due date, and bank account details

6. Legal Notices: Mandatory legal information including VAT rates and any applicable tax exemptions