Selling goods? The HS (Harmonized System) classification code is mandatory.

Selling services? The SAC (Service Accounting Code) is mandatory.

Selling both in the same line? You need BOTH codes.

Calculus gets you ready.

#EmaraTax #DigitalTransformation

Invoice amount due for payment: maximum 2 decimal places.
Invoice total without VAT: maximum 2 decimal places.
Invoice total VAT amount: maximum 2 decimal places.
Invoice total with VAT: maximum 2 decimal places.

Free assessment call, link in bio.

#EmaraTax #PeppolBIS #TaxTech

When the buyer doesn't have an electronic address on an export transaction:

A predefined dummy endpoint is used: 0235:9900000099

Your ASP handles this, but your system needs to know when to trigger the export flow vs. standard B2B.

Calculus gets you ready.

#EmaraTax #ASP

Six VAT category codes in UAE eInvoicing:

S - Standard Rate
AE - VAT Reverse Charge
Z - Zero Rated
O - Not Subject to VAT
E - Exempt from VAT
N - Standard Rate Additional VAT

Every line item, every allowance, every charge needs the correct code. No guessing.

#EmaraTax #Fintech

Message Level Status (MLS) specifications for the UAE are still being finalized.

MoF FAQ: "MLS specifications for the UAE are being finalised and will be communicated to the Service Providers."

ASPs should monitor MoF communications for updates on this.

#EmaraTax #ASP #RegTech