What are the legal notices to appear on a quote?


An essential document in the business of most companies, the quotation is a writing by which a supplier / service provider proposes a tariff for a good / service. For best accountancy training Best school of accountancy In Lahore. Establishment of the quote must comply with some rules since some mentions are obligatory.
An estimate is a written document by which a professional informs another professional or an individual of his or her price for the supply of a good or the performance of a service. Thus, it can serve as a tool for comparing tariffs between different professionals, and can protect both parties by contracting the "working “relationship.
However, in the relations between professionals, the quote is never compulsory. Between professionals and individuals, the situation is different because several situations make it compulsory to produce a quote:
  • Works and breakdown service for 150 € or more
  • Personal services for more than 100 €
  • Health benefits when the fee exceeds 70 €
  • Relocation or funeral benefits without limit of amount
Legal notices of a quotation
In order for a quote to be valid, it must comply with certain technical requirements which are indicated by mandatory information:
  • The word "estimate"
  • The date of drawing up the estimate
  • The name, business name and address of the company
  • The status and legal form of the undertaking
  • The RCS number, the number of the Crafts Directory or the SIREN number
  • The individual VAT identification number (or mentioning the VAT deductible)
  • The name and address of the client (+ company name for a professional)
  • A description of the service provided by defining precisely quantities and unit prices
  • The hourly rate of labor
  • The start date of the service and its length estimated
  • Terms of payment, delivery, claims and after-sales service

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