Tax invoice
Requirement
In Saudi Arabia, tax invoices must contain this information in Arabic, and in any other language into which the tax invoice is translated:
- The date of issue
- A sequential number that uniquely identifies the invoice
- The TIN of the supplier
- If the customer is required to self account for tax on the supply, the customer's TIN and a statement that the customer must account for the tax
- The legal name and the address of the supplier and of the customer
- The quantity and nature of the goods that are supplied or the extent and nature of the services that are rendered
- The date of supply, if it differs from the date of issuance of the invoice
- The taxable amount per rate or exemption, the unit price excluding VAT, and, if they are not included in the unit prices, any discounts or rebates
- The applied tax rate
- The payable tax amount, in riyals
- If tax is not charged at the basic rate, a narration explaining the tax treatment that is applied to the supply
- If the margin scheme for used goods is applied, the reference to the fact that VAT is charged on the margin on those goods
If tax is invoiced in a foreign currency, then the total invoice amount and the VAT amount must be presented also in riyals, and converted with the official rate that is effective at the invoice date.
M3 solution
These requirements are supported by M3.