UAE Launches Electronic Invoicing System to Transform B2B and B2G Transactions
The UAE's Ministry of Finance has announced a new Electronic Invoicing System, set to transform business-to-business and business-to-government transactions. The implementation will follow a phased timeline, commencing with a pilot programme on 1 July 2026.
The system's rollout will be gradual, with large businesses having annual revenues of AED 50 million or more required to comply from 1 January 2027. This includes both issuers and recipients of invoices, who must appoint an Accredited Service Provider. All invoices and credit notes must meet prescribed data requirements and be processed through these accredited providers.
The timeline extends to smaller businesses, with those having annual revenues exceeding AED 100 million required to comply from 1 July 2027. Government entities will join the system by 1 October 2027. Businesses can voluntarily adopt electronic invoicing outside mandatory cases. The system mandates electronic invoices for all transactions, with electronic credit notes required for cancellations, refunds, or changes.
The UAE has adopted the international OpenPeppol standard for interoperability, cost reduction, and enhanced security. The Ministry of Finance has issued two Ministerial Decisions to facilitate the implementation of this new Electronic Invoicing System, aiming to streamline and modernise business transactions within the UAE.
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