Deadline for issuing an invoice after the proforma has been sent

Deadline for issuing an invoice after the proforma has been sent

Question:
Hello!
We are an international company registered in Bulgaria. Our company is engaged in the export of goods from Europe and the sale of goods in Europe. If we have issued and received money on a proforma invoice, after how long do we have to issue the original invoice?
Thanks in advance!

Answer:
Hello,
The obligation to issue an invoice arises up to 5 days after the date of the tax event. The tax event itself is determined differently in different situations. Usually, the date of receipt of payment is considered to be the occurrence of a tax event. Naturally, there is an exception - if it is an intra-community delivery, the tax event is the date of transfer of ownership of the goods, and the invoice must be issued within 15 days of the month following the month in which the tax event occurred.
We hope we have been helpful!
Greetings!