The Ministry of Finance of the United Arab Emirates (MoF) has announced the launch of the E-Billing System on February 14, 2024. The system will combine Continuous Transactions Control Reporting with an e-invoicing mandate using a model called Decentralized Continuous Transactions Control and Exchange (DCTCE). Only authorized service providers will be allowed to send data to a centralized platform managed by the Tax Authority. The mandate will initially focus on Business-to-Business (B2B) and Business-to-Government (B2G) transactions, with potential extension to Business-to-Consumer (B2C) transactions in the future. The UAE will establish its Peppol Authority following the Peppol PINT format, with certification requirements for service providers and the introduction of e-Invoicing Legislation in 2025. The roll-out strategy will be implemented in December 2025, with Phase 1 deployment scheduled for July 2026.
Source SNI
Click on the logo to visit the website
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "United Arab Emirates"
- Find VATupdate.com’s preferred Accredited Service Providers (ASP) in UAE
- UAE Introduces Supplier Due-Diligence Requirements for Input VAT Recovery from October 2026
- UAE Mandates Supplier Verification Checks to Protect VAT Refunds
- UAE Tightens VAT Refund Rules to Block Claims Linked to Tax Evasion
- UAE FTA Tightens Input VAT Recovery with New Supplier Due Diligence Rules
