- UAE Finance Ministry launched a consultation on new electronic invoicing requirements.
- The new regime will be installed from July 2026.
- The regime will require near-real-time exchange of invoices in a standardized format, expected to be XML format, through the PEPPOL network.
- Taxpayers will be required to report invoice data through UAE Accredited Services Providers.
- Mandatory electronic invoicing will be required for both business-to-business and business-to-government transactions.
- E-invoicing legislation will be progressed in the second quarter of 2025.
- The consultation seeks feedback from stakeholders on the proposed elements of the UAE framework.
- Feedback is being sought by February 27, 2025.
Source: answerconnect.cch.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.
