Payment Terms Legislation In Slovenia

The Law on the Prevention of Late Payments enacts the EU Late Payment Directive (see European Union for details). In addition companies are unable to claim VAT for unpaid overdue invoices.

The Agricultural Act of 2008 sets strict maximum payment terms for perishable food products at 45 days and other food products at 90 days.

The Declaration of Encouragement to Increase Payment Discipline in the Country is a code established by the Slovenian Chamber of Commerce.

Code of Good Business Practices Among Stakeholders in the Agri-Food Chain is promoted by the Chamber of Agricultural and Food Processing Companies.

See European Union for the Directive on Unfair Trading Practices in the Food Supply Chain which was adopted on 30 April 2019.