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UAE is moving towards introducing Peppol by July 2025

06 December 2023
United Arab Emirates

The Ministry of Finance of the United Arab Emirates (UAE MoF) introduced e-invoicing implementation to simplify business processes, help with tax reporting, offer real-time insights into economic performance, and reduce paper wastage.   MoF intends to introduce the “E-Billing System” project which considers implementing the advanced countrywide electronic billing system. This project will presumably introduce Peppol CTC mandate covering nationwide e-invoicing and e-reporting requirements.   Furthermore, the system will automate the procedures for filing tax returns with the tax system to facilitate filing tax returns, improve tax compliance, and reduce tax evasion cases. The implementation of this project is planned on...