ISO Invoicing Policies, Taxation Rules, and Prepayment Requirements
Understanding ISO's invoicing and payment policies is essential for customers purchasing ISO documents. Below is an overview of the key aspects regarding invoices, taxation, and the prepayment process.
Invoicing Policies
ISO operates with two types of invoices:
Proforma Invoice: This is issued prior to payment and serves as a formal offer. It outlines the cost and details of the documents being purchased but is not a final record of the transaction.
Final Invoice: Once payment is completed, a final invoice is automatically generated. This serves as the official receipt for the transaction and complies with legal and accounting requirements.
ISO also ensures that the purchased standards and final invoice are delivered together upon confirmation of payment.
Taxation Rules
Tax policies vary depending on the delivery location of the purchased documents:
Local Orders (within Switzerland): Taxes are applied to online orders delivered within Switzerland. For reference, you can review our Terms & Conditions.
International Orders: ISO does not charge taxes at checkout for orders delivered outside Switzerland. Customers are responsible for any applicable local taxes in their own country.- ISO can provide a Certificate of Tax Residence issued by the Swiss tax authorities for customers needing confirmation of ISO's tax registration in Switzerland.
ISO does not issue W-8 or W-9 forms, as they are specific to U.S. entities, and ISO adheres to strict security policies that restrict opening or completing external forms.
Prepayment Policy
ISO sells its documents on a strict prepayment basis:
Orders are only processed after payment is received. This ensures compliance with ISO's payment policies.
Customers who require local purchasing assistance are encouraged to contact their respective national ISO member organization for more information.
Customers may settle their invoices using various payment methods, such as bank transfers or credit cards. Once payment is received and processed, the purchased standards are delivered to the customer.### Tax Documentation Requirements ISO provides a Certificate of Tax Residence for customers requiring proof of its tax registration in Switzerland. However, ISO does not supply W-8 or W-9 forms due to their U.S.-specific nature.
Special Notes for International Customers
For international buyers, understanding local taxation laws is crucial, as ISO does not manage tax collection outside Switzerland. Additionally, prepayment is a non-negotiable requirement for all orders. By adhering to these invoicing and taxation guidelines, ISO ensures transparency and compliance in its financial processes.ISO adopts a strict security policy that prohibits opening or completing external electronic forms or attachments. Customers are encouraged to contact ISO directly for documentation requests.
Customers who require payment flexibility, such as a 30-day invoice option, are advised to purchase ISO standards through national ISO member bodies. These organizations may offer localized payment options for customer convenience.For U.S. customers needing a W-8 form to facilitate payment, purchasing through the American National Standards Institute (ANSI) is recommended, as ANSI can provide the necessary documentation.