- Mandatory E-Invoicing Implementation: The UAE is transitioning to mandatory e-invoicing for all B2B and B2G transactions by July 2026, requiring businesses to issue, send, receive, and store invoices electronically using a government-approved system, eliminating paper and PDF invoices outside this framework.
- Peppol 5-Corner Model Adoption: The e-invoicing framework is based on the Peppol 5-corner model, which facilitates secure and standardized invoice exchanges between businesses and the Federal Tax Authority (FTA), promoting efficiency and reducing errors in the invoicing process.
- Service Provider Accreditation and Compliance: The UAE Ministry of Finance has established stringent accreditation requirements for service providers managing e-invoice exchanges, ensuring they meet security, technical, and operational standards, while public consultations and a Data Dictionary have been released to gather industry feedback on the e-invoicing framework.
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- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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