Mandatory Electronic Invoicing in United Arab Emirates
Learn how to get your company ready to exchange documents in accordance with regulations in UAE with the support of Comarch
Learn how to get your company ready to exchange documents in accordance with regulations in UAE with the support of Comarch
Although the issuance of electronic invoices is not mandatory in the UAE, it is already permitted to exchange e-invoices on a voluntary basis, but the planned digitization of settlements between taxpayers and public entities. The goal is to save time, eliminate the risk of errors and care for the environment by reducing the amount of paper invoices.
Through the Digital Procurement Platform, the UAE Government allows electronic/digital invoices to be sent in connection with their purchasing operations or to ministries and federal entities.
Invoices must be securely stored in such a way as to guarantee their integrity, authenticity and availability during the storage period.
Required storage period is 5 years after the end of the tax period to which the invoice relates.
To issue electronic invoices, taxpayers must guarantee the integrity and authenticity of the document. Electronic signatures are regulated but not mandated.
