How to issue a correcting invoice with system limitations on the part of the customer?

Magdalena Szczepańska
Puls Biznesu

The Polish VAT Act specifies the requirements for invoices (including correcting invoices) to be considered properly issued. One of the typical requirements in Polish law is the use of phrases in Polish, such as “faktura korygująca” (correcting invoice), “mechanizm podzielonej płatności” (split payment mechanism) or “kwota podatku VAT w PLN” (VAT amount in PLN). Primarily, it is foreign entities which register their operations in Poland only with a view to settling specific transactions that are facing problems in meeting those statutory requirements. The changes they would have to make in their accounting systems are often too expensive, especially if required to run only a small part of their operations in a different country. The article lists cases in which the foreign entities may adapt the documents they issue so as to comply with the VAT Act.