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