480 days
Proposed EU Late Payment Regulation: 30-day maximum payment terms in B2B transactions
Placeholder – no application date exists. Commission proposal COM(2023) 533 is stalled: Parliament adopted its position in 2024, the Council has not agreed a general approach. Existing Directive 2011/7/EU (60-day default) continues to apply
All businesses, especially SMEs supplying larger customers on long payment terms.