- UAE Ministry of Finance opened a public consultation on a proposed e-invoicing regime.
- The consultation aims to gather feedback on the adopted DCTCE five-corner model e-invoicing system.
- The consultation document emphasizes the government’s goal to enhance performance and improve digital infrastructure.
- The DCTCE e-invoicing model was adopted in October 2024, with implementation planned for 2026.
- The consultation focuses on the data dictionary, including whether it covers all required fields, potential conflicts, and industry-specific data elements.
- The Ministry of Finance seeks clarity on field definitions and potential confusion for stakeholders.
Source: vatabout.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.
