The United Arab Emirates (UAE) is making significant strides in its e-invoicing journey, with the Ministry of Finance (MoF) unveiling crucial technical documents to guide businesses and service providers.
The United Arab Emirates (UAE) is set to implement mandatory electronic invoicing (e-invoicing) for business-to-business (B2B) and business-to-government (B2G) transactions, with a phased approach to ensure a smooth transition. The first phase, scheduled for the fourth quarter of 2024, focuses on accrediting service providers and developing the necessary technical requirements. This will be followed by the publication of e-invoicing legislation in the second quarter of 2025, which will establish the legal framework for the system. The final phase, commencing in July 2026, marks the go-live of the e-invoicing system, requiring businesses to comply with the new reporting obligations.
The MoF has introduced several documents to support the implementation of the e-invoicing system:
The UAE-specific adaptation of the Peppol International Invoice (PINT) model which is named as PINT AE, defining the semantic structure, syntax bindings, code lists, and validation rules for electronic invoices in the UAE.
These documents are essential for both service providers and businesses operating in the UAE. Staying up to date with these evolving requirements is crucial for ensuring compliance and successful integration.
