If your business is being conducted only in the UAE, the requirements for invoicing before and after VAT registration are as follows:

Basic elements that apply when issuing invoices before VAT registration include:

1. Your business name and contact details.
2. The word “Invoice”
3. A unique invoice number and the date of issuance. Please note they numbers need to be a sequence without any interruption.
4. The recipient’s name, address, and contact details.
5. Description of the goods or services provided, including quantity and unit price.
6. The total amount due, clearly stating any discounts or additional charges.
7. Payment terms and instructions.

UAE specific invoicing requirements after VAT registration:

Along with the basic elements, the following essential elements should be included:

1. A statement indicating that prices are inclusive and / or exclusive of VAT.
2. The word “Invoice” shall be replaced by “Tax Invoice”.
3. Your tax registration number (TRN).
4. An itemized breakdown of the taxable supplies, VAT rates, and the VAT amount charged.
5. The net total amount before VAT, followed by the separate VAT amount and the gross total after VAT.
6. Any specific considerations for taxable supplies, zero-rated supplies, or exempt supplies, as per the UAE VAT laws.

Before and after, invoiced should be stamped and signed unless there is an « electronically generated » statement at the bottom of each invoice.

It’s important to ensure that your invoices comply with the regulations set by the UAE Federal Tax Authority (FTA). Staying up to date with the latest regulations and seeking advice from a tax professional such as DATA (Dawia Accounting and Tax Advisory) will help ensure that your invoices meet the required standards. #UAEVAT #InvoicingTips