The UAE has announced a monthly fine for businesses that miss the e-invoicing compliance deadline. Here is what companies need to know about the penalty.
Summary: The Goods and Services Tax Network (GSTN) announced a new e-invoicing facility on 16 October 2026 for recipient-generated self-invoices under the reverse charge mechanism (RCM). The facility ...
The government recently made a major change to GST rules. Following this new rule, any purchase you make will require an ...
The UAE Federal Tax Authority (FTA) requires businesses with annual revenues of Dh50 million or more to appoint an Accredited ...
Persons subject to the e-Invoicing System with annual revenues of AED 50 million and above must appoint an Accredited Service ...
Federal Tax Authority Calls On Persons Subject To E-Invoicing To Comply With The Prescribed Legal Deadlines And Avoid Administrative Penalties. Persons subject ...
July 1 2027 is the final date for those businesses to implement the e-invoicing system. Phased implementation separates ...
You have issued an invoice. The goods have been delivered safely. However, it fails to pass the tax authority's certification.The cause is that the registered formal name of the business partner was ...
It has been a while since the invoice system (qualified invoice storage method) began, but many sole proprietors and ...
Businesses encouraged to assess master data, tax codes and invoicing systems ahead of phased implementation ABU DHABI, UAE — 19 October 2026 — As the UAE moves towards mandatory electronic invoicing, ...
THE Bureau of Internal Revenue (BIR) has taken another step toward digitalizing tax administration with the issuance of Revenue Memorandum Circular (RMC) 98-2026 on Sept. 22. The circular prescribes ...
Velvot has launched Finverse, an e-invoicing solution for Nigerian businesses with annual gross turnover of ₦5 billion and ...