Skip to content

Connecting business. Building understanding. Advancing peace.

Ministry of Finance

Policy & Legal Updates
Source: Gulf News

UAE E-Invoicing Deadlines Approach for Large Businesses Ahead of October 30 Requirement

UAE businesses generating annual revenue of Dh50 million or more must appoint an Accredited Service Provider by October 30, 2026, ahead of mandatory e-invoicing starting January 1, 2027. Smaller enterprises and government entities face a provider appointment deadline of March 31, 2027, prior to phased go-live dates later that year. Non-compliance results in a monthly penalty of Dh5,000 under Cabinet Decision No. 106 of 2025.

Policy & Legal Updates
Source: Sharjah24

UAE General Budget Committee Reviews 2027–2029 Draft Federal Budget Framework

The UAE General Budget Committee held its 15th meeting to discuss the draft federal budget for the 2027–2029 fiscal period. Officials reviewed preliminary expenditure estimates, revenue forecasts, tax legislation alignment, and the government's 2026 financial position. Directives were issued to complete drafting procedures and assess funding requests for new strategic projects.

Policy & Legal Updates
Source: Gulf News

UAE Sets E-Invoicing Deadlines and Penalties for Businesses and Government Entities

The UAE has established compliance timelines for its mandatory electronic invoicing system, requiring large firms to appoint an Accredited Service Provider by October 30, 2026. Entities failing to appoint an approved provider within the statutory deadlines face monthly administrative penalties of Dh5,000. Phased mandatory go-live dates run from January 1, 2027 through October 1, 2027.

Policy & Legal Updates
Source: thenationalnews.com

AMF Marks 50th Anniversary With Over $11.8bn In Financing Across Arab States

The Arab Monetary Fund celebrated its 50th anniversary in Abu Dhabi, having provided more than $11.8 billion in financing to member states since 1976. During the event, UAE officials reaffirmed the country's commitment to international tax standards, including the application of a domestic minimum top-up tax from 2025, and announced plans to convert 50 percent of federal services to agentic AI models within two years.

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