- The Ministry of Finance in the UAE has announced five strategic initiatives to enhance the country’s competitiveness, which includes the implementation of an e-invoicing system.
- The projects are in line with the new government work methodology and the concept of transformational projects in the country.
- The initiatives are related to supply strategy for the federal government, transparency in climate spending data, public-private partnership, tax, and electronic billing system.
- The Ministry of Finance, in collaboration with the Federal Revenue Service, is developing the e-billing system to automate the delivery and sending of tax returns and reduce tax evasion.
- More details regarding the e-invoicing system are expected to be announced soon by the UAE tax authority.
Click on the logo to visit the website
Latest Posts in "United Arab Emirates"
- UAE Companies Urged to Prepare for VAT E-Invoicing by July 2026 Deadline
- UAE Adopts PINT AE v1.0.1 for 2026 E-Invoicing Compliance with VAT Regulations
- UAE PINT AE v1.0.1 Released as an Official E-Invoicing Standard for the Upcoming Mandate
- Step-by-Step Guide to Obtaining a Tax Registration Number (TRN) in the UAE
- Dubai Customs Introduces Flexible 12-Digit Tariff System for GCC Harmonization Transition
