- The UAE government has initiated a public consultation on a proposed B2B and B2G e-invoicing mandate, open until February 27, 2025, allowing businesses and stakeholders to provide feedback ahead of implementation planned for 2026.
- The e-invoicing initiative aims to transition the UAE towards a modern, paperless economy, enhancing tax collection, reducing tax evasion, and creating a balanced business environment through a decentralized CTC model based on the PEPPOL framework.
- Only UAE-accredited service providers will be authorized to transmit invoice data to a central platform managed by the Federal Tax Authority, with the initiative focusing on modernizing the economy, maximizing revenue, reducing tax gaps, and improving the ease of doing business.
Source: marosavat.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.
