Proforma or tax invoice?
A proforma states what you will supply and at what price; it does not charge VAT or create a tax point. When the goods are delivered or paid for, the VAT-registered supplier issues the tax invoice with 5% VAT where it applies.
- Title it “Proforma Invoice”
- Show the price excluding VAT and note that VAT applies on the tax invoice
- Give a validity date
- State the Incoterm and named place