Policy update

Policy & Legal Updates

UAE Scraps E-Invoicing Pre-Approval Under New Ministry of Finance Decision

The UAE Ministry of Finance has eliminated the preliminary approval stage for electronic invoicing service providers, requiring them to secure direct accreditation before offering services. Issued under Ministerial Decision No. 168 of 2026, the updated framework took effect on October 1, 2026, ahead of the October 30 deadline for large businesses to appoint an accredited provider. Service providers that previously held preliminary approval have 30 days from October 1 to complete the necessary assessments and testing.

Policy & Legal Updates

UAE Overhauls E-Invoicing Provider Rules Ahead of Nationwide Rollout

The UAE Ministry of Finance has issued Ministerial Decision No. 168 of 2026, revising accreditation rules for e-invoicing service providers. Businesses earning Dh50 million or more must appoint an accredited provider by October 30, 2026, ahead of the January 1, 2027 rollout. Service providers must now complete formal testing and readiness evaluations for direct accreditation.

Policy & Legal Updates

China to Cut NEV VAT Export Rebate to 9% in April 2027

China's tax authorities announced a reduction in the value-added tax export rebate for new energy vehicles from 13 percent to 9 percent, effective April 1, 2027. The measure affects battery electric and plug-in hybrid vehicle shipments to foreign markets including the Gulf. Domestic consumption tax refund and exemption structures remain unchanged.

Policy & Legal Updates

UAE Replaces E-Invoicing Pre-Approval With Direct Accreditation for Service Providers

The UAE Ministry of Finance has issued Ministerial Decision No. 168 of 2026, shifting electronic invoicing providers to a direct accreditation model. Large businesses with revenues of AED 50 million or more must contract an accredited provider by October 30, 2026. Smaller businesses have until March 31, 2027, to appoint a provider ahead of their mandatory July 2027 rollout.