- UAE Ministry of Finance to implement mandatory e-invoicing for B2B and B2G transactions
- Implementation to occur in three stages: accreditation of service providers, updates to legislation, official launch in July 2026
- Aim is to enhance digitalisation, streamline processes, and combat VAT fraud
- B2C transactions not included in initial rollout
- E-invoices must be structured, machine-readable documents based on XML
- Human-readable version can be sent via email, machine-readable version transmitted through UAE e-invoicing system
- System will operate on Open Peppol network with decentralised model for transaction control
- Both parties must have certified Peppol Access Points to validate and transmit invoice data
- Issuers and recipients required to use access point on Open Peppol network
- Only accredited e-invoicing solution providers allowed to validate and send invoices to Federal Tax Authority
Source: regfollower.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.
