- The UAE Ministry of Finance announced two decisions on the Electronic Invoicing System.
- The system applies to all business transactions except specific exclusions.
- Businesses must appoint an Accredited Service Provider for implementation.
- The system uses the international OpenPeppol standard for document exchange.
- A pilot program starts in July 2026, with mandatory phases beginning in 2027.
Source: zawya.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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