Gulf Insider
The Ministry of Finance (MoF) has announced targeted amendments to the regulations governing the UAE’s e-invoicing system, including an extension of the deadline for appointing an Accredited Service Provider (ASP). The deadline has been moved from July 31 to October 30, 2026, under an amendment to Ministerial Decision No. 244 of 2025. The update applies to entities with annual revenues exceeding Dh50 million. Enhancing competitiveness and market readiness The Ministry said the extension follows a comprehensive review of market readiness and feedback from the business sector, particularly regarding the need for broader technical options and more competitive pricing. It added that 32 service providers have already been approved, with several others in the final stages of accreditation, helping build a more integrated digital ecosystem. White-label model introduced to support local firms As part of wider reforms, the Ministry also introduced amendments allowing national companies to partner with international service providers under a white-label mechanism. This initiative is designed to enable knowledge transfer, strengthen local capabilities, ensure service delivery aligns with UAE requirements, and accelerate digital transformation. Compliance timeline remains unchanged The Ministry confirmed that the mandatory implementation deadline remains unchanged. All eligible entities must fully implement the eInvoicing system by […]
Go to News Site