Inven2 is responsible for invoicing the sponsor on behalf of the hospital for activities carried out at the hospital in accordance with the study agreement. Inven2 receives the payments on behalf of the hospitals and transfers the money to the hospital where the trial is taking place.
The following applies to value added tax (VAT):
- The party to the agreement is a Norwegian limited liability company (AS): The amount is liable to VAT and Inven2 adds VAT to the amount payable
- The party to the agreement is from abroad: The amount is not liable to VAT.