We would like to highlight the importance of e-invoicing and are therefore reaching out to you to share key considerations on this important subject.
With the UAE e-invoicing programme moving closer to implementation, businesses need to ensure that they are prepared for the changes ahead. With your trusted partner by your side, you can proactively address gaps, overcome system challenges and establish the processes, data and governance needed for a smooth transition. . Failure to implement the e-invoicing system or appoint an Accredited Service Provider within the prescribed timeframe may also result in administrative penalties.
While appointing an Accredited Service Provider (ASP) is an important part of the transition, e-invoicing is far more than a technology exercise. It requires careful consideration of transaction flows, data requirements, invoicing processes, contractual arrangements, system capabilities and stakeholder responsibilities across the organisation.
From our recent e-invoicing engagements, we are seeing a number of common themes and practical challenges emerge. These include areas where organisations may be underestimating the level of preparation required or overlooking dependencies that could affect implementation.
We would welcome the opportunity to understand where you are in your e-invoicing journey, share relevant observations from our recent engagements, and discuss how we can support your preparations.
Connect with our expert:
Ouarda El Ghannouti
Director
Ouarda is an accomplished indirect tax professional with over 14 years of experience spanning public policy, Big Four advisory, and regional leadership roles.
Baker Tilly UAE trading as Baker Tilly is a member of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities.