Key Features for Invoicing in Iran
For businesses operating in Iran, an invoicing app must fundamentally support local financial standards and language to ensure compliance and smooth operations. The app should natively handle the Iranian Rial (IRR), which is the official currency, even though prices are often colloquially expressed in Tomans (where one Toman equals 10 Rials). Crucially, the software needs to be compliant with Iranian tax regulations, including the Value Added Tax (VAT) system. As of October 2023, the standard VAT rate in Iran is 9%, with some essential goods and services subject to a 0% rate. Businesses are generally required to file VAT returns monthly, within 15 days following the end of each month. Furthermore, the ability to generate invoices in the Persian (Farsi) language is non-negotiable for clarity and legal validity. Look for features that allow customization of invoice formats and numbering sequences to align with local requirements.