- The UAE Ministry of Finance launched a voluntary e-invoicing 4-Corner model to enable direct e-invoice exchanges between sellers and customers.
- This model is designed to help businesses transition to the mandatory 5-Corner e-invoicing system, which will be implemented in phases starting July 2026.
- Large taxpayers (AED 50 million+ revenue) must comply by January 1, 2027; smaller taxpayers and government entities have later deadlines in 2027.
- Businesses must select and contract with an accredited service provider (ASP) to participate.
- The tax reporting feature (Corner 5) will be introduced before the July 2026 pilot phase.
Source: kpmg.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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