الشارقة 24
الشارقة 24
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The UAE Ministry of Finance has issued amendments to the electronic invoicing system aimed at alleviating operational burdens on companies and enhancing their flexibility. The adjustments include exempting transactions of companies within the tax group for a period of 24 months starting from January 2027, as well as easing data retention requirements by eliminating the need to store data within the UAE. Additionally, requirements to notify the authorities about system outages have been removed. These amendments come as part of the ministry's efforts to facilitate the business environment and support the more efficient and flexible implementation of the invoicing system, which has been in effect since October 1, 2026.
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