Document background
A Vendor Invoice is a crucial business document used in commercial transactions within Hong Kong's jurisdiction. It serves as an official request for payment and a legal record of goods or services provided. The document must comply with Hong Kong's business and tax regulations, particularly the Inland Revenue Ordinance and Business Records Keeping requirements. Vendor Invoices typically include essential information such as business registration numbers, detailed item descriptions, pricing, tax calculations, and payment terms. They are fundamental for business accounting, tax reporting, and maintaining clear records of commercial transactions. In Hong Kong, these documents must be retained for at least 7 years and may be subject to audit by tax authorities.
