Alankit Management Consultancy is the top-notch audit firm in UAE offering impeccable VAT advisory services for the smooth running of various businesses. Preparing VAT invoice is one of the many challenges as any error in VAT rates and deductions may lead to a penalty.

Importance of VAT invoices

All the VAT registered businesses in UAE are obliged by the new VAT policy to issue the VAT invoices. A VAT invoice is essential for the VAT liability of the supplier of the goods and services. It establishes that the customer is entitled to a deduction for the VAT charged. These invoices are proof of transactions made and must be represented accurately. If the VAT rates are not correctly applied, you may have to pay a hefty fine.

Steps to create your VAT invoice

• Create and place a company logo on the top of the invoice
• Create a header and state that it is an invoice
• Add your and customer’s shipping address in case it is different from the billing address
• Include the VAT number that you have obtained after VAT registration of your business
• State the correct invoice date and invoice number
• Add the purchase order number
• Display the quantity and description of the goods/services
• Also, mention the unit price of the good/services exclusive of VAT
• Include the net amounts per item
• Include the VAT rates applicable and calculate and mention the total AVT amount along with the gross total
• Also the state the cash discount
• Include any additional information if the customer prefers

To ensure transparency and convenience in your VAT records, you must prepare VAT invoice accurately and the team of Alankit provides superior, swift and hassle-free services for everything related to VAT. Other VAT services by Alankit include VAT registration, VAT return filing, VAT accounting, VAT consultancy and training, VAT impact studies. Take help of VAT experts to reduce your business cost.

Address:

Alankit Assignments Limited (DMCC Branch)

Cluster- I, Jumeirah Lake Towers,
P.O Box- 62494, Dubai (UAE)
Phone: +971 – 44340899
Fax : +971-044307492
Email : [email protected]

Alankit Management Consultancy

Plot No:12, 13th Floor, Office No:-1309,
Business Bay, Sheikh Zayed Road,
Dubai. United Arab Emirates, Near-The Oberoi Hotel
P.O. Box-413373, Dubai (UAE)
Phone: +971 42 770936
Email : [email protected]

Alankit Assignments Services LLC – SHJ BR

C-2249, 22nd Floor, Damas Tower( Burj 2000)
Rolla, Opposite Sharjah Central Post Office
P.O Box- 31852, Sharjah (UAE)
Phone: +971 – 65278456
Fax : +971- 65325382
Email : [email protected]