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Gulf News

Policy & Legal Updates
Source: Gulf News

UAE Sets E-Invoicing Deadlines and Monthly Fines for Non-Compliant Businesses

UAE companies with annual revenues of Dh50 million or more must appoint an accredited e-invoicing service provider by October 30, 2026. Mandatory electronic invoicing for this tier will begin on January 1, 2027, with non-compliance carrying an administrative fine of Dh5,000 per month. Businesses below the threshold must appoint a provider by March 31, 2027, ahead of a July 1, 2027 implementation date.

Policy & Legal Updates
Source: Gulf News

UAE Virtual Asset Growth Prompts Shift Toward Institutional Governance and Oversight

As institutional participation in digital assets expands in the UAE, industry governance and infrastructure have become central to sustained market development. Dubai's Virtual Assets Regulatory Authority has introduced demanding licensing standards to support credible institutional entry. Long-term market leadership will depend on client protection, asset segregation, and strict risk controls.

Policy & Legal Updates
Source: Gulf News

UAE Mandates E-Invoicing Provider Contracting Deadline and Dh5,000 Monthly Penalties

The UAE Federal Tax Authority announced that businesses with annual revenues of Dh50 million or more must contract an accredited electronic invoicing service provider by October 30, 2026. Non-compliant firms face recurring monthly administrative penalties of Dh5,000. The measure prepares companies for the mandatory nationwide electronic invoicing rollout scheduled for January 1, 2027.

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