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Ministry of Finance

Policy & Legal Updates
Source: nerdbot

Dubai Firms Advised on Compliance Setup Ahead of 2027 UAE E-Invoicing Mandate

The UAE will implement mandatory electronic invoicing for business-to-business and business-to-government transactions starting in 2027, replacing emailed PDFs with structured PINT AE data files. Corporate service provider Avyanco noted that businesses earning AED 50 million or more must comply by 1 January 2027, while smaller entities must appoint an accredited provider by 31 March 2027 ahead of a 1 July 2027 deadline.

Policy & Legal Updates
Source: Emirates News Agency (WAM)

China to Reduce VAT Export Rebate on New Energy Vehicles to Nine Percent

China's Ministry of Finance and the State Taxation Administration announced plans to cut the value-added tax export rebate for new energy vehicles from 13 percent to 9 percent, taking effect April 1, 2027. In addition, export rebates on battery products will be fully eliminated starting January 1, 2027. Existing consumption tax refund and exemption mechanisms will remain unaffected.

Policy & Legal Updates
Source: Gulf News

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.

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