UAE-Proforma Invoice Template Excel, Docs, PDF

What is a UAE-proforma invoice template?

A proforma invoice is a preliminary invoice sent by the seller to the buyer outlining the estimated cost of goods and services before the transaction is finalized.

A proforma invoice is not legally binding; rather, it is a detailed price quote that includes prices, taxes, shipping costs, and, if applicable, payment terms.

Why is a UAE-proforma invoice template important?

The importance of the proforma invoice template in the UAE stems from several factors, the most important of which are:

• It helps in estimating costs and obligations, providing the buyer with an initial overview of the total cost, including the price of goods and taxes.
• A proforma invoice is a fundamental element of international trade; it is an important document for customs authorities, helping them determine duties and taxes, and thus assisting the buyer in obtaining an import license.
• It is required as proof for issuing letters of credit and transferring bank payments to suppliers.
• It is essential for accurately determining costs, helping the buyer estimate all shipment costs, including taxes, shipping, and packaging fees, before actual work begins.

What are the components of a UAE-proforma invoice template?

The proforma invoice is a basic and important business document in the UAE for presenting the cost be

fore issuing the official tax invoice and contains the following elements:

• The invoice title must be clearly displayed at the top of the document to distinguish it from other invoices.
• The invoice number is required for easy tracking within the system.
• The invoice issuance date and validity period are typically 30 to 90 days.
• The sender's information includes the company name, address, TRN (Tax Registration Number) and email address (if applicable), and phone number.
• The recipient's information includes the customer's name, address, and TRN. Finally, the supply details include a description of the goods, quantities, price, and technical specifications for customs purposes.
• Payment information and other notes

How is a UAE-proforma invoice template used?

To use the proforma invoice template, follow these steps:

• Download and open the form to familiarize yourself with its components.
• Customize the information in the form, such as your company name.
• Add your logo.
• Enter your 9-digit TRN.
• Add customer information.
• Add and edit details of goods or services, specifying quantities and prices.
• Add payment details or any other relevant notes.

Who benefits from a UAE-proforma invoice template?

Many parties can benefit from the proforma invoice template in the UAE, including:

• Importers: Its importance lies in estimating total costs before committing to any large transaction.
• Exporters: Its importance lies in presenting a professional price to foreign clients.
• Banks: As it is an essential document for issuing letters of credit.
• Customs: To determine a preliminary value for customs purposes before the goods arrive.
• Freight forwarders: To accurately calculate costs and present competitive quotes.