Can I issue a tax invoice in a foreign currency?

Article 59 – Tax invoices 43,44 1. A Tax Invoice shall contain all of the following particulars: a. The words “Tax Invoice” clearly displayed on the invoice. b. The name, address, and Tax Registration Number of the Registrant making the supply. c. The name, address, and Tax Registration Number of the Recipient where he is a Registrant. d. A sequential Tax Invoice number or a unique number which enables identification of the Tax Invoice and the order of the Tax Invoice in any sequence of invoices. e. The date of issuing the Tax Invoice. f. The date of supply if different from the date the Tax Invoice was issued. g. A description of the Goods or Services supplied. h. For each Good or Service, the unit price, the quantity or volume supplied, the rate of Tax and the amount payable expressed in AED. i. The amount of any discount offered. j. The gross amount payable expressed in AED. k. The Tax amount charged under the provisions of the Decree-Law expressed in AED, together with the rate of exchange applied where the currency is converted from a currency other than the UAE dirham. l. Where the invoice relates to a supply under which the Recipient of Goods or Recipient of Services is required to account for Tax, a statement that the Recipient is required to account for Tax, and a reference to the relevant provision of the Decree-Law. 43 Article amended as per Cabinet Decision No. 100 of 2024. 44 Article amended as per Cabinet Decision No. 100 of 2025. Cabinet Decision No. 52 of 2017 and its amendments – As published by the Ministry of Finance 51 2. A simplified Tax Invoice shall contain all of the following particulars: a. The words “Tax Invoice” clearly displayed on the invoice. b. The name, address, and Tax Registration Number of the Registrant making the supply. c. The date of issuing the Tax Invoice. d. A description of the Goods or Services supplied. e. The total Consideration and the Tax amount charged expressed in AED. 3. If there are or will be sufficient records available to establish the particulars of a supply, a Registrant is not required to issue a Tax Invoice for the supply where the supply is a wholly zero-rated supply. 4. Where a Registrant is required to issue a Tax Invoice, the Tax Invoice must meet the requirements of Clause 1 of this Article. 5. As an exception to Clause 4 of this Article, and in cases other than where the reverse charge mechanism applies in accordance with Article 48 of the Decree-Law, the Registrant may issue a simplified Tax Invoice that meets the requirements of Clause 2 of this Article in either of the following two situations: a. Where the Recipient of Goods or Recipient of Services is not a Registrant. b. Where the Recipient of Goods or Recipient of Services is a Registrant and the Consideration for the supply does not exceed AED 10,000 (ten thousand dirhams). 6. A Registrant shall not issue separate Tax Invoices in respect of supplies where he makes more than one supply of Goods or Services to the same Person and those supplies are included on a summary Tax Invoice issued and delivered to the Recipient of Goods or Recipient of Services. 7. Where the Authority considers that there are or will be sufficient records available to establish the particulars of any supply or class of supplies, and that it would be impractical to require that a Tax Invoice be issued by the Registrant, the Authority may determine that, subject to any conditions that the Authority may consider necessary: a. Any of the particulars specified in Clauses 1 or 2 of this Article shall not be contained in a Tax Invoice. b. A Tax Invoice is not required to be issued or delivered in certain cases. 8. The Registrant may issue a Tax Invoice by electronic means provided that: a. the Registrant must be capable of securely storing a copy of the Tax Invoice in compliance with the record keeping requirements. b. the authenticity of origin and integrity of content of the Tax Invoice should be guaranteed. Cabinet Decision No. 52 of 2017 and its amendments – As published by the Ministry of Finance 52 9. Where a Recipient agrees to raise a Tax Invoice on behalf of a Registrant Supplier in respect of a supply of Goods or Services, that document shall be treated as if it had been issued by the supplier if the following conditions are met: a. The Recipient of the Goods or Services is a Registrant. b. The supplier and the Recipient agree in writing that the supplier shall not issue a Tax Invoice in respect of any supply to which this Clause applies. c. The Tax Invoice shall contain the particulars required under Clause 1 of this Article. d. The words “Tax Invoice raised by buyer” are clearly displayed on the Tax Invoice. 10. Where a Tax Invoice is issued pursuant to Clause 9 of this Article, any invoice issued by the Supplier in respect of that supply shall be deemed not to be a Tax Invoice. 11. Where an agent who is a Registrant makes a supply of Goods or Services for and on behalf of the principal of that agent, that agent may issue a Tax Invoice in relation to that supply as if that agent had made the supply, provided that the principal shall not issue a Tax Invoice, subject to: a. the agent retaining sufficient records in such a manner as to determine the name, address and Tax Registration Number of the principal supplier, and b. the principal supplier retaining sufficient records in such a manner as to determine the name, address and Tax Registration Number of the agent. 12. Where the Supply of Goods or Services is considered as supplied in an Implementing State, the Registrant must include the following additional particulars in the document issued: a. the tax registration number of the Recipient of Goods or Recipient of Services issued to him by the competent authority of the Implementing State in which the supply is treated as taking place, b. a statement identifying the supply as between a supplier in the State and a Recipient of Goods or Recipient of Services in an Implementing State, and c. any other information specified by the Authority. 13. For the purposes of Clause 2 of Article 67 of the Decree-Law, the Registrant shall issue the Tax Invoice within 14 (fourteen) days from the date of the supply provided for in Article 25 or 26 of the Decree-Law, except in the following cases: a. where the Tax Invoice is issued in accordance with Clause 2 of this Article, the Registrant shall issue the Tax Invoice on the date of supply, b. for the purposes of Clause 6 of this Article, the Registrant shall issue a summary of the Tax Invoice and deliver it to the Recipient of Goods or Recipient of Cabinet Decision No. 52 of 2017 and its amendments – As published by the Ministry of Finance 53 Services within 14 (fourteen) days of the end of the calendar month within which the date of supply occurs for such supplies. c. any other cases specified by the Authority. 14. Where the Authority grants approval under Clause 7 of this Article, such approval may be withdrawn at any time where the Authority considers that the conditions of approval are no longer met. 15. As an exception to Clause 5 of this Article, the Authority may specify the cases in which a Tax Invoice that meets the requirements of Clause 1 of this Article must be issued, even if one of the cases provided for in Clause 5 of this Article applies. 16. Where a Registrant is required to issue a Tax Invoice in the form of an Electronic Invoice pursuant to Clause 5 of Article 65 of the Decree-Law or where the Registrant issues a Tax Invoice in the form of an Electronic Invoice on a voluntary basis, Clauses 2, 3, 5, 7, 8, 15 of this Article and any other Clause as determined in a decision issued by the Minister shall not apply.

Article 69 - Currency Used on Tax Invoices If the supply is in a currency other than the UAE Dirham, then for the purposes of the Tax Invoice, the amount stated in the Tax Invoice shall be converted into the UAE Dirham according to the exchange rate approved by the Central Bank of the State at 30 Article amended as per Federal Decree-Law No. 18 of 2022. Federal Decree-Law No. 8 of 2017 and its amendments – As published by the Ministry of Finance 33 the date of supply. Chapter Six – Tax Credit Notes

   the date of issuing the tax invoice; a description of the goods or services supplied; and the total consideration and the VAT amount charged. It should be noted that issuing a simplified tax invoice instead of a full tax invoice is optional – for example, the supplier may choose to issue a full tax invoice even when the recipient is not registered for VAT and a simplified tax invoice is therefore available. 12.3.2. Invoices for intra-GCC supplies Where a VAT registered person makes a cross-border supply of goods or services with the place of supply taking place in another GCC Implementing State, the person must issue a document with specific particulars, being:    the usual information that must be included in a tax invoice, but without the label “Tax Invoice” and without charging any VAT; the tax registration number of the recipient in the Implementing State; and a statement that the supply is a cross-border supply between the UAE and another GCC Implementing State. The supplier does not need to issue any other tax invoice for such intra-GCC supplies. 12.3.3. Invoices in a foreign currency The currency stated on a tax invoice must be the UAE Dirham. In the event that a supply is made in a currency other that the UAE Dirham, the amount must be converted into and stated in UAE Dirham on the tax invoice. The invoice may still contain information regarding prices in the original currency. When converting the foreign currency into the UAE Dirham, the exchange rate used must be a rate approved by the UAE Central Bank. 12.3.4. Rounding rules Where the invoice amount is a fraction of a fils, the amount should be rounded to the nearest fils (that is, to two decimal places) on a mathematical basis, being:   rounded up if the fraction is a half or more; and rounded down if the fraction is less than a half. 12.3.5. Invoices within a tax group A tax group is a single entity for VAT purposes meaning supplies between members of the same tax group are disregarded for VAT purposes. As such, there is no need to account for VAT or issue tax invoices in respect of intra-group supplies. 48 VAT Guide | Taxable Person | VATG001

أما بالنسبة للفواتير الضريبية الصادرة بعمالت أجنبية قبل Any tax invoices issued in a foreign currency prior تاريخ 17مايو ،2018فإنه يجب أن يكون قد تم تحويلها to 17 May 2018 should have been converted to UAE إلى الدرهم اإلماراتي باستخدام أسعار الصرف من أحد Dirham using a reliable source for exchange rates. المصادر الموثوق بها .فإذا تم استخدام سعر صرف من Provided this is the case, and the same source has مصدر موثوق آخر ،فيتوجب أن يكون ذات المصدر قد been used consistently, there will be no need to استخدم في جميع الفواتير الصادرة بعملة غير الدرهم rework tax invoices issued prior to 17 May 2018 اإلماراتي ،ولن تكون هناك حاجة إلعادة إصدار الفواتير where they do not use the UAE Central Bank exchange rate. الضريبية الصادرة قبل 17مايو 2018إذا لم يتمّ تطبيق سعر الصرف المعتمد من قبل المصرف المركزي. شرح تفصيلي Detailed discussion الفواتير الضريبية الصادرة قبل 17مايو :2018 Tax invoices issued prior to 17 May 2018: في حال تمّ إصدار فاتورة ضريبية قبل 17مايو Where a tax invoice was issued prior to 17 May 2018 بعملة غير الدرهم اإلماراتي ،فكان من الواجب تحويل المبلغ 2018 in a currency other than UAE Dirham, the tax في الفاتورة الضريبية إلى الدرهم اإلماراتي باستخدام سعر invoice should have been converted to UAE Dirham using an exchange rate from a reliable source. الصرف من مصدر موثوق به. ويتوجب على األعمال أن تكون قد استخدمت ذات المصدر The source used to obtain the exchange rate should للحصول على أسعار الصرف في جميع الفواتير الضريبية have been consistently used by the business for all الصادرة عنها بعمالت أجنبية في الفترة ما بين 1يناير إلى tax invoices issued in foreign currencies during the period from 1 January to 16 May 2018. 16مايو .2018 من المصادر الموثوق بها ،على سبيل المثال دون الحصر:  طومسون رويترز  اواندا  سعر الصرف المعلن عنه من قبل أي من المصارف Examples of reliable exchange rate sources include, but are not limited to: المعتمدة في الدولة. 2 ;Thomson Reuters  ;Oanda  the exchange rate published by a UAE bank. 