The UAE Ministry of Finance (MoF), in collaboration with the Federal Tax Authority (FTA), has organized the Awareness Event on the Electronic Invoicing System at Al Jawaher Reception and Convention Centre in Sharjah.
The event witnessed the launch of the pilot phase of the Electronic Invoicing’s 5-Corner Model, marking a pivotal milestone toward the gradual, secure, and successful implementation of the Electronic Invoicing System across the UAE.
The event highlighted the strategic importance of this pilot phase, which involves active participation of relevant stakeholders and Accredited Service Providers to test the systems, ensure technical integration, and the highest levels of readiness.
Participants were also briefed on the next steps in the Electronic Invoicing roadmap and the activation of the 5-Corner Model, paving the way for completing system integration procedures and enabling the secure exchange of electronic invoices.
The event is part of the Ministry of Finance’s ongoing awareness efforts after the success of the previous two awareness events.
The first was held in January, followed by the second in May, both designed to provide a comprehensive understanding of all requirements of the Electronic Invoicing System.
Younis Haji AlKhoori Undersecretary UAE Ministry of Finance
“The launch of the pilot phase and the continued organization of awareness events on the Electronic Invoicing System reflect the UAE’s collaborative approach and integrated support framework, aimed at ensuring a smooth transition for the private sector towards implementing the Electronic Invoicing System. The system is designed to serve as a fundamental pillar underpinning the UAE’s ambitious vision to build an integrated and sustainable digital economy that aligns with leading international standards and best practices in transaction accuracy and financial data management.”
Abdulaziz Mohammed Al Mulla, Director General of the Federal Tax Authority (FTA), said: “The five-corner e-invoicing model is distinguished by its reliance on the secure and automatic digital exchange of data between the relevant parties, enhancing transparency and supporting real-time compliance, while ensuring the accurate and efficient issuance and exchange of electronic invoices.”
“The launch of the pilot phase under this advanced model, which is among the most sophisticated globally, confirms that the implementation of the Electronic Invoicing System has entered the practical application stage in line with the approved timeline. This marks an important step in the UAE’s rapidly advancing digital transformation journey, further strengthening its position among the world’s leading innovators,” Al Mulla added.
