United Arab Emirates Extends 14 Day Invoice Issuance Rules for Periodic Supplies, Consecutive Payments, & Credit Notes

November 9, 2022

Taxpayers in the United Arab Emirates (UAE) will now have 14 days to issue tax invoices relating to periodic supplies and consecutive payments, as well as credit notes. This is a result of an amendment recently made to Federal Decree-Law No. 8 of 2017 relating to Value Added Tax.

Timeline

The amendments will be effective as of January 1, 2023.

Impact

The President of the UAE issued Federal Decree-Law No. 18 of 2022 on September 26, 2022, which introduced this new time limit for issuing tax invoice concerning periodic payments and consecutive invoices.

As the 14 day time limit had not previously applied to the types of documents mentioned above, taxpayers will have to issue their invoices compliantly.

How can Fonoa help?

Issue tax invoices in locally compliant languages and formats, with support for third-party or self-billing. They’re customizable, too. Get in touch to find out more.

Eszter Kovacs
Tax Researcher

Eszter is a Budapest-based Tax Researcher at Fonoa. Previous to her time at Fonoa, she worked as an Associate at the tax law practice group of Baker McKenzie Hungary. Eszter joined Fonoa because she recognizes that the world of taxation is moving towards digitalization, and sees this company as a clear industry leader in that regard. Fun fact: She wanted to be a veterinarian as a child, but when she realized the job was not petting cute puppies 100% of the time, she changed her mind. Eszter currently pets cute puppies as a tax specialist.