Invoicing

Requirement

VAT registrants are required to issue a tax invoice for every taxable transaction. Invoices must show this information, to be used as tax invoices:

• Supplier’s company name, address and tax registration number (TRN)
• Customer’s company name, address and TRN
• Sequential or unique number
• Invoice date and, if the date of supply is different, the supply date
• Description of the service, quantity, unit price, and VAT rate
• Total payable amount and total VAT amount in dirhams

For invoices in foreign currency, the total amount and the VAT amount must be expressed in dirhams according to the official rate of the invoice date.

M3 solution

The requirements for this country are supported by M3.

Configuration guidelines

Not applicable.