E-invoicing compliance and regulatory updates - Iraq

Electronic Invoicing in Iraq

Is e-invoicing mandatory in Iraq?

While e-invoicing is legal and may be used, it is not required by law or otherwise mandatory.

Who is affected?

As there is no e-invoicing mandate or regulation in place, no businesses are currently required to comply. However, any company may choose to invoice electronically.

Compliance requirements

E-invoicing in Iraq is voluntary.

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Key Deadlines

• There are no specific mandatory deadlines, as e-invoicing is voluntary.

Standards & Platforms  

Platform

There are no specific platforms that must be used.

What formats are required in Iraq?

Iraq accepts various invoicing methods and formats, including paper, PDF, structured electronic formats, and portal key-in invoices.

Archiving in Iraq  

What are the archiving requirement in Iraq?

Invoices should be archived for several years, so a minimum period of five years is recommended. Archiving must ensure the readability, integrity, and authenticity of stored invoices.

Legal invoice

• For suppliers: The legal invoice is the version sent to the recipient, in the format in which it is received.
• For buyers: The legal invoice is the version received from the supplier, in the format sent.

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Key Actions  

• Encourage transition to e-invoicing – Promote a shift from paper to structured electronic invoicing to improve efficiency.
• Support complexity – Ensure your systems can handle a range of formats (paper, PDF, electronic) as both a buyer and supplier.

Iraqi e-invoicing and archiving requirements at a glance:

Supplier requirement: Iraqi suppliers should agree with their buyer on invoice format and transmission channel.

Buyer requirement: Iraqi buyers should agree with their supplier on invoice format and transmission channel. While not mandatory, they must ensure accurate, secure, and compliant handling and storage of invoice data.

Archiving requirement: Both suppliers and buyers must archive invoices – in the format received – for several years (five recommended). Archives must preserve the readability, integrity, and authenticity of the invoices.