Skip to content

Connecting business. Building understanding. Advancing peace.

Become a Member

Banqup Delivers UAE Tax Authority Peppol Corner 5 Node Ahead of 2027 Mandate

Belgian firm Banqup Group has developed and will operate the Peppol Corner 5 access point for the UAE Federal Tax Authority. The node will validate invoice tax data under the Ministry of Finance's mandatory e-invoicing system starting in 2027.

Published Source: Fintechly
Issuing authority
Federal Tax Authority, Ministry of Finance
Jurisdiction
United Arab Emirates
Effective date
January 1, 2027
Stage
Final rule
Official source
fintechly.com

Belgian e-invoicing firm Banqup Group has confirmed it developed and will operate the Peppol Corner 5 access point for the UAE Federal Tax Authority (FTA). Banqup serves as the core technology partner in a consortium led by Clever Science Computer System Trading, a company based in Dubai.

The Peppol Corner 5 node functions as the central clearing platform to receive and validate invoice tax data under the UAE Ministry of Finance's mandatory electronic invoicing programme.

According to the announcement, UAE companies generating annual revenues of AED 50 million or more must appoint an Accredited Service Provider by October 30, 2026. The Phase One mandatory go-live covering large enterprise B2B and B2G transactions is scheduled to formally take effect on January 1, 2027.

Sources

More from Policy & Legal Updates

View all
Policy & Legal Updates
Source: Seetao

UAE Imposes Stricter VAT Due Diligence Requirements for Input Tax Recovery

The UAE Federal Tax Authority has introduced Decision No. 13 of 2026, requiring businesses to execute and document specific checks on suppliers and individual transactions before claiming input VAT deductions. Taking effect on 1 October 2026, the regulation implements Article 54 bis of the UAE VAT Law to prevent tax evasion across supply chains. Compliance rules introduce specific rolling 12-month transaction thresholds of AED 100,000 and AED 375,000.

Policy & Legal Updates
Source: Arabian Business

UAE Tax Authority Issues Mandatory E-Invoicing Deadlines for Businesses

The UAE Federal Tax Authority has warned businesses to prepare for the nationwide mandatory e-invoicing framework. Companies with annual revenues of AED 50 million or more must appoint an Accredited Service Provider by October 30, 2026. Entities earning under AED 50 million face a deadline of March 31, 2027, with penalties anticipated for non-compliance.

China–UAE News
Source: UAE-China Chamber of Commerce

Chinese Direct Investment in UAE Hits $2.6 Billion as Financial Footprint Expands

China's outbound direct investment to the UAE reached $2.6 billion, more than tripling the previous year's total as overall Middle East flows doubled. In parallel, Beijing-based China Securities secured regulatory approvals to open a regional office in the Dubai International Financial Centre. Chinese banking institutions now account for over 30 percent of total assets in DIFC's Banking and Capital Markets sector.

The UECN Brief

Policy updates, China–UAE business news and industry insights, delivered to your inbox.

Language
Subscriptions

Double opt-in: we send a confirmation link. Unsubscribe at any time. Privacy