Late payment in Western Europe : comparative study

Posted - 12.09.2014

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Now reading : Late payment in Western Europe : comparative study

Léon Gloden and Marine Repelowicz

This report aims to facilitate businesses in fighting late payments throughout Europe. It provides a convenient per country overview of answers to most relevant questions such as ‘What is the maximum statutory period of payment?’, ‘What is the sanction in case of a breach of the maximum period of payment?’, ‘Which is the place of payment?’, etc. . References to the different national texts are also included. The report takes into account the implementation of the Directive on combating late payment. For your convenience a comparative schedule of all countries treated is included. 

Please note that this report only concerns transactions between companies. The specific rules applicable for transactions between a company and a public authority are outside the scope of this report.

Comparative_study_-_Late_Payment_2014.pdf

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