A UAE business that makes taxable supplies issue an original tax invoice and delivers it to the recipient of goods or services subject to the laws of UAE VAT Law. Under the VAT law in UAE, a Tax Invoice has to be issued by all registrants for assessable supplies to other registrants, where the provisions surpass AED 10,000. The Federal Law Number (8) of 2017 on VAT has set out the requirements regarding the tax invoice along with the Executive Regulation Number 46 of 2020 and 52 of 2017 and the taxable businesses are required to follow the regulations while issuing the tax invoice.
Source: jcauaeaudit.com
