This Self Invoice agreement template is designed for use in Malta when establishing a self-billing arrangement between business parties. It's particularly useful in situations where a customer regularly receives goods or services and agrees to generate VAT invoices on behalf of their supplier, streamlining the invoicing process and reducing administrative burden. The document complies with Malta's VAT Act requirements and EU VAT Directive 2006/112/EC, making it suitable for both domestic and EU-wide transactions. Used primarily in ongoing business relationships with regular transactions, the agreement covers essential elements including VAT compliance, invoice requirements, payment terms, and record-keeping obligations. It's specifically structured to meet Maltese legal requirements while providing flexibility for various business scenarios.

1. Parties: Identification of the supplier and the customer who will issue self-billed invoices

2. Background: Context of the agreement and business relationship between parties

3. Definitions: Key terms used in the agreement including 'Self-Billing Invoice', 'VAT', 'Goods/Services'

4. Duration: Term of the self-billing agreement and renewal provisions

5. Scope of Self-Billing: Details of goods/services covered by the self-billing arrangement

6. Self-Billing Procedures: Process for generating and issuing self-billed invoices

7. VAT Requirements: Compliance with Maltese and EU VAT regulations, including VAT registration requirements

8. Payment Terms: Timeline and method of payment for self-billed invoices

9. Obligations of the Customer: Customer's responsibilities in issuing correct self-billed invoices

10. Obligations of the Supplier: Supplier's responsibilities including not issuing their own invoices

11. Record Keeping: Requirements for maintaining records of self-billed invoices

12. Termination: Conditions and process for ending the self-billing arrangement

13. Governing Law: Specification of Maltese law as governing law