UAE Federal Decree-Law on Tax Procedures amended
The UAE eInvoicing implementation is based on a decentralised, five-corner model that will allow sellers and buyers to exchange invoices via Accredited Service Providers (ASPs). ASPs will transmit tax invoice data to the FTA enhancing tax compliance in a secure and efficient manner.
Posted by Hicham ALAOUI RIZQ on 2024, Oct 29
Introduction
The UAE eInvoicing implementation is based on a decentralised, five-corner model that will allow sellers and buyers to exchange invoices via Accredited Service Providers (ASPs). ASPs will transmit tax invoice data to the FTA enhancing tax compliance in a secure and efficient manner.