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#VAT INVOICE FORMAT HOW TO#
#VAT INVOICE FORMAT FULL#
#VAT INVOICE FORMAT REGISTRATION#
#VAT INVOICE FORMAT DOWNLOAD#

the exchange rate applied (as per the exchange rates published by the UAE Central Bank on the date of supply).

the tax amount payable expressed in AED.

The required contents of a tax invoice issued in foreign currencies will be as follows: Tax Invoices Issued in Foreign Currencies inclusive of tax) for each line item, as the total gross amount payable for the invoice shall be stated.

#VAT INVOICE FORMAT FULL#

The FTA accepts that a full tax invoice does not need to include gross amounts (i.e. As a full tax invoice includes several line items, each shall have the net amount payable (excluding the tax) as well as the tax due.

The payable Net value of the Invoice in AED.Ī further requirement of a full tax invoice is to show the total gross amount payable expressed in AED.

Price per unit, the supplied quantity/volume, rate of tax, and the payable amount in AED.

Date of Supply, if it is different from the date of issue.

A unique invoice number must be sequential.

Name, address, and TRN of the recipient.

The required contents of a full tax invoice will be as follows: In full tax invoice, line items will be shown at the net value. the total gross value), with a separate line showing the tax included within that value.

The total consideration and the tax amount charged.Īt the bottom of the simplified tax invoice, the total consideration is shown (i.e.

A description of the goods or services supplied.

#VAT INVOICE FORMAT REGISTRATION#

The name, address, and Tax Registration Number (TRN) of the supplier.

The words “Tax Invoice” are clearly displayed on the invoice.

The required contents of a simplified tax invoice will be as follows: In a simplified tax invoice, line items will be shown at the gross value. A VAT invoice must have a Tax Registration Number (TRN). FTA Tax Invoice Format UAEīusinesses must follow the FTA Tax Invoice Format UAE. This requirement applies without exception for any supplies subject to VAT at 5%, therefore in the event a taxable supply is made it is a requirement that a tax invoice is both issued and delivered to the recipient. VAT-registered business making a taxable supply shall issue an original tax invoice and deliver it to the recipient of the supply.

#VAT INVOICE FORMAT HOW TO#

How to prepare a tax invoice in UAE is a very critical question and task for all businesses. A tax Invoice is an important document to be issued by a registrant when a taxable supply of goods or services is made.Īll the businesses must follow the VAT invoice format issued by the FTA to avoid VAT fines and penaltiesin UAE. We thank our readers for liking, sharing and following us on different social media platforms.VAT invoice format UAE is an extremely important task for all the businesses registered under VAT. It automatically computes the 5% VAT of the invoice amount and sums up the final total. In addition to that below are given space for Company seal, signature box and “Thank you” message business greeting. Other details section consists of Amount in words, Terms & Conditions, VAT computations 5%. The formulas used here are simple mathematical computations.Īt the end, the subtotal line is given. Product details section consists of columns of Description, Quantity, Unit Price and Amount. The due date for payment which is set to 30 days from the date of invoice will appear automatically. The right-hand side you need to enter the invoice number, invoice date. These details include address, phone, email and customer id. When you select the customer names, the template automatically updates other details of customers in the relevant cell. You can select the name of the customer from the drop-down list. Customer Details SectionĬustomer Detail section programmed and referenced to database sheet with data validation and Vlookup function. The header section contains the company logo, company name and heading of the invoice ” Tax Invoice”. The invoice Template consists of 4 sections: This list is used for creating the drop-down list in the customer details section of the VAT Invoice Template. Content of VAT Invoice Templateĭatabase sheet contains the list of the names of your customers. Now, let us discuss the contents of VAT Invoice Template in detail. When you select the country, it will automatically change the currency in all cells of the template.

#VAT INVOICE FORMAT DOWNLOAD#

Click here to download the Invoice Template in Excelīefore proceeding to the template contents, you need to select your country from the box given beside the template.