Document background
The Commercial Pro Forma Invoice is a crucial preliminary document in Belgian business transactions, serving as a detailed quote or estimate before the final invoice is issued. It's commonly used when parties need to formalize a price quote, obtain import licenses, declare customs values, or arrange payment terms in advance. Under Belgian law, while not a final invoice, it must still comply with specific requirements from the Belgian Code of Economic Law and VAT regulations. This document includes detailed product descriptions, pricing, delivery terms, and payment conditions, making it essential for both domestic and international trade. The pro forma invoice helps businesses establish clear commercial terms while maintaining compliance with Belgian and EU commercial regulations.
