Invoice

Last updated: 2021-06-21

An invoice is a document that arises in connection with the sale and that specifies a payment requirement from the seller to the buyer. The purpose of the invoice is partly to serve as a basis for the Swedish Tax Agency’s control of the transaction, but also to prove the buyer’s right to deduct the input VAT.

According to the Value Added Tax Act, there is an invoicing obligation for anyone who sells goods or services to:

Another taxable person
A legal entity that is not taxable

The invoicing obligation does not cover sales to private individuals, with the exception of, for example, means of transport to another EU country and building and construction services.

In accounting, invoices can be used as a basis for business events.

For a document to be considered valid, it needs to contain, for example, the following information:

Seller’s and buyer’s name and address
Date of issue
Information about the goods or services
Amount
VAT
VAT rate