Tax Invoice - All You Need to Know

According to Article 59 (1) of the VAT Law’s Executive Regulations, taxable firms must include the following information on their invoices to comply with VAT obligations in the UAE:

1. The words ‘Tax Invoice’ visibly displayed on the invoice
2. Name, address, and Tax Registration Number of the Registrant making the supply
3. Name, address, and Tax Registration Number of the Recipient where he is a Registrant
4. Sequential Tax Invoice number to facilitate the identification of the Tax Invoice
5. The date of issuance of the Tax Invoice
6. Date of Supply if it is not the same as the date of issuance of the invoice
7. Description of Goods or Services supplied
8. The unit price, the quantity or volume supplied, the rate of tax, and the amount payable for each good or service articulated in AED
9. The amount of any discount if applicable
10. Gross amount payable in AED
11. Tax amount payable in AED along with the rate of exchange applied where the currency is converted from a currency different from the UAE dirham
12. Where the invoice relates to a supply under which the Recipient of Goods or Recipient of Services is required to account for Tax, a statement that the Recipient is required to account for Tax, and a reference to the relevant provision of the Decree-Law