Analysis of Scenarios
Import Service from Offshore Company
If the offshore company does not issue a tax-compliant invoice, the buyer must generate a self-billed invoice for:
- Proper accounting of the service.
- Declaration of VAT or other applicable taxes under the reverse charge mechanism.
Key Considerations for Self-Billed Invoices in the e-lnvoice System:
- Mandatory Reference: The self-billed invoice must reference the supplier’s Taxpayer Identification Number (TIN) or Legal Entity Identifier (LEI) and original purchase details.
- Buyer Responsibility: The buyer assumes responsibility for the accuracy of the transaction details, including VAT computation.
- Invoice Validation: Self-billed invoices must be submitted through the buyer’s Access Point Provider (APP) for validation and digital signing by FIRS.
- Agreement: There should be a prior agreement between the buyer and seller allowing self-billing, as required by FIRS regulations.
