CRESCO Legal’s Post

The UAE are taking a major step toward tax digitization by planning e-invoicing to go live in 2026.   The Federal Tax Authority has reaffirmed its commitment to implement phase 1 for structured electronic invoicing for B2B and B2G transactions in July 2026 (regardless of the VAT registration status of the entities involved). Businesses will then be required to engage with accredited service providers for issuing and receiving e-invoices.   The UAE Ministry of Finance has published its official website on its e-Invoicing framework for 2026 (https://lnkd.in/d2rdsj8F). The website contains a FAQs section, which provide more details on the e-Invoice initiative. Already in early 2025 the UAE promised to roll out legislative updates related to e-invoicing implementation process.   Stay tuned for more updates on e-invoicing obligations in the UAE. InterGest ME will keep you posted.   #uae #dubai #abudhabi #middleeast #invoicing #einvoicing #accounting #intergest #intergestworldwide #middleeastbusiness

💡 Understanding When UAE VAT Applies to Your Business Transactions 💡 Navigating VAT requirements can be challenging, but knowing when VAT is applicable on transactions in the UAE is essential for smooth operations and compliance. Generally, UAE VAT at 5% is applicable to most transactions involving the supply of goods and services within the UAE. For VAT to apply, a transaction should meet these key conditions: Conducted by a VAT-registered business (taxable person). Part of regular business activities – not an occasional, personal, or one-off transaction. Located within the UAE – with specific provisions for cross-border transactions. 📌 Example: Imagine a technology firm in Dubai sells software licenses to a UAE-based business. Since the sale is conducted by a VAT-registered supplier, involves goods/services provided within the UAE, and is part of standard business activity, this transaction is subject to 5% VAT. 🔍 Why It Matters: Properly understanding VAT applicability helps businesses avoid penalties, improve cash flow, and maintain compliance with the UAE’s tax laws. #UAEVAT #TaxCompliance #BusinessTips #VAT #Finance #Dubai #BusinessGrowth

💡 Understanding When UAE VAT Applies to Your Business Transactions 💡 Navigating VAT requirements can be challenging, but knowing when VAT is applicable on transactions in the UAE is essential for smooth operations and compliance. Generally, UAE VAT at 5% is applicable to most transactions involving the supply of goods and services within the UAE. For VAT to apply, a transaction should meet these key conditions: Conducted by a VAT-registered business (taxable person). Part of regular business activities – not an occasional, personal, or one-off transaction. Located within the UAE – with specific provisions for cross-border transactions. 📌 Example: Imagine a technology firm in Dubai sells software licenses to a UAE-based business. Since the sale is conducted by a VAT-registered supplier, involves goods/services provided within the UAE, and is part of standard business activity, this transaction is subject to 5% VAT. 🔍 Why It Matters: Properly understanding VAT applicability helps businesses avoid penalties, improve cash flow, and maintain compliance with the UAE’s tax laws. Call & WattsApp : +971543061683 Email : gelyne@szca.ae #UAEVAT #TaxCompliance #BusinessTips #VAT #Finance #Dubai #BusinessGrowth

🚨 UAE Announces E-Invoicing System: Here’s What You Need to Know! The Federal Tax Authority (FTA) is bringing e-Invoicing to the UAE! This structured, digital format will revolutionize how invoices are issued, exchanged, and reported. What Is an E-Invoice? An e-Invoice is: ✅ A structured digital invoice format exchanged electronically. ✅ Directly reported to the FTA. ⚠️ Important: PDFs, Word documents, images, or scanned invoices won’t qualify. Key Milestones: 🗓 Q4 2024: Accreditation standards for service providers & data dictionary development. 🗓 Q2 2025: E-invoicing legislation will be issued. 🗓 July 2026: Phase 1 Go-Live for mandatory reporting. Why Does It Matter? The FTA’s goals: 🔹 Streamline tax compliance for businesses. 🔹 Improve accuracy in tax reporting. 🔹 Enhance the overall VAT framework in the UAE. 📌 By mid-2026, businesses will be required to issue all invoices electronically through accredited providers. Stay ahead of the curve—start planning for this digital transformation today! #EInvoicing #UAE #TaxCompliance #DigitalTransformation

Exciting changes are on the horizon with the UAE’s e-invoicing system! 🌍💼 Updates to the UAE VAT Law pave the way for a mandatory e-invoicing system designed to increase transparency and streamline compliance. Here’s why preparation is key: - Mandatory adoption of e-invoicing for B2B and B2G by 2026, phased from Q2 2026 - Near real-time invoice validation through Accredited Service Providers to reduce VAT errors - Cross-border compatibility via the Peppol network - Amendments to UAE VAT Law and tax procedures for efficient e-invoicing setup Please find attached our latest newsletter for more information on the changes to the UAE law, procedural requirements, and recent announcements by the MoF in respect of e-invoicing. Start preparing today to ensure your business is ready for this transition! #UAE #VAT #eInvoicing2026 #DigitalEconomy" Ishan Kathuria Remon Abadier

📣 Mandatory E-invoicing: what will it change?! UAE Business Culture and Compliance cost for sure! ❗️Discipline yourself to post compliant invoices in time❗️ 💡 So what do we know yet: Will be mandatory for all transaction, including cross-border, in real-time Must comply with VAT regulations and be properly structured The framework uses a five-corner model: issuer, receiver and central tax platform UAE is expected to use a Peppol-based model for data exchange (Have no clue what does it mean, but share for the tech guys) 📆 Key dates: Q4 2024 UAE Service Provider accreditation
procedures. Accreditation of Service Providers Q2 2025 E-Invoicing related legislation to be released Q2 2026 Phase 1 go-live of E-Invoicing reporting 😎 They are serious about it! Do not stay reluctant Business Owners and Accounting soft providers! More info here: https://lnkd.in/eDVV7Gb8 #UAE #Business #EInvoicing #VAT #FTA #Innovations

🇦🇪 UAE Publishes Further Details on Upcoming E-Invoicing Mandate 🗓️ Phase 1 of the e-invoicing and reporting obligation will commence in July 2026, with legislation expected by Q2 2025. Read more ➡️ https://lnkd.in/egDxt9Dx #UAE #EInvoicing #TaxCompliance #EInvoicingMandate

Doing business in the UAE?

📢 Upcoming E-Invoicing System in the UAE! 📢 Starting in 2026, the UAE is set to launch a comprehensive e-invoicing system to further digitalize and streamline the economy. This standardized digital format will ensure smooth electronic transactions between suppliers and buyers, aligning with the UAE Federal Tax Authority (FTA) regulations. 💼 Key Benefits: ✅Up to 66% reduction in invoice processing costs for businesses and government entities. ✅Improved cash flow with faster payments. ✅Enhanced accuracy through automation and standardization. ✅Simplified tax compliance. As we prepare for this shift, businesses can look forward to a more efficient invoicing process that will drive operational efficiency and compliance. 📖 Source: Khaleej Times #EInvoicing #UAE #DigitalTransformation #TaxCompliance #Automation #Efficiency #UAEFTA #AMAAuditandAccounting

🌟 UAE eInvoicing System Coming in 2026! 🌟 What is an eInvoice? A structured, digital invoice exchanged electronically between suppliers and buyers and reported to the UAE Federal Tax Authority (FTA). Unlike PDFs, images, or emails, eInvoices improve accuracy and efficiency. How does it work? 1️⃣ Supplier sends the invoice to an Accredited Service Provider (ASP) in the correct format. 2️⃣ The ASP creates and shares the eInvoice with both the client and the FTA. Key Dates to Remember: 2024 – UAE Service Provider Accreditation 2025 – eInvoicing Legislation Updates 2026 – Phase 1 Go-Live for eInvoicing Reporting This shift marks a big step forward for businesses in the UAE, improving compliance and invoicing processes. Stay tuned for more updates! #UAE #eInvoicing #DigitalTransformation #TaxCompliance #Accounting #FTAUAE #UAEFinance #TaxTech #InvoicingInnovation #MiddleEastBusiness