Yes, a simplified VAT invoice can generally be issued in a foreign currency. However, specific regulatory requirements and practices vary by country, so it’s essential to consult the local VAT legislation. Typically, the invoice should include all mandatory information such as the date, the names of the buyer and seller, the goods or services provided, and the total including VAT, but amounts are often convertible to the local currency using an exchange rate on the date the transaction occurred, or as stipulated by local VAT regulations.
The key consideration is ensuring all necessary details are present to facilitate VAT calculations and compliance. In some jurisdictions, like EU member states, consistent exchange rate usage may need to be documented, and some authorities might require translated or dual-currency invoices for transparency and audit purposes. Always check with local tax authorities or a legal tax adviser to ensure compliance with specific national requirements.