E-invoicing

Skip to content
Skip to navigation

Global site
Africa
Americas
Asia Pacific
Europe
Middle East

Services

We approach each audit with sharp thought, straight talk and common sense. In addition to verifying that financial results are fairly presented and meet...

See Overview

Statutory Audit
We conduct an integrated audit, which combines the financial statement audit,independent and objective assurance on financial information, transactionsand processes.
Limited Review
We offer services relating to reviews of historical financial informationby expressing negative assurance on such historical financial information.
Agreed Upon Procedures
We engage with organisationsto perform specific procedures and report findings to conform to their needs.
Financial Reporting Advisory Services (FRAS)
Our team provides timely advice on the impact of accounting changes to assist businesses in the development of an appropriate implementation roadmap.

Advisory

As your business grows, our advisory services are designed to help you achieve your goals. Successful growth often means navigating a complex array of...

See Overview

Business Consulting
Grant Thornton UAE provides organisations with implementable plans that drive sustainable growth strategies to grow and optimise their business performance.
Business Risk Services
Organisations need to understand risks thoroughly to be able to manage them better. Grant Thornton UAE helps businesses achieve the best balance between minimising risk exposure, optimising profitability and developing compliance review checklists.
Regulatory Advisory Services
Grant Thornton UAE's extensive understanding of the overarching supervisory framework within the region equips our professionals to support financial institutions comply and abide by the set of regulatory mandates throughout the rapidly evolving ecosystem.
Financial Advisory
Grant Thornton UAE works with organisations on transactions from start to finish, assisting with strategy, identifying risks, executing deals, and helping to unlock their potential for growth and value creation.
Restructuring Advisory
Grant Thornton UAE is committed to realising value for shareholders, in a way that recognises and supports the interests of all stakeholders. Our solutions maximise value, provide clarity and direction, and accelerate recovery and transformation for businesses.
Technology Advisory & Cybersecurity
IT and technology are fundamental to drive the performance of businesses. Through leveraging the power of technology, Grant Thornton UAE helps organisations define and identify growth opportunities to achieve value-driven transformation and innovation.
Forensics
Fraud and corruption pose a growing challenge worldwide. As the commercial landscape changes, an increasingly regulated environment requires stringent governance and compliance processes. Grant Thornton UAE helps organisations navigate challenges and crisis with a hands-on approach coupled with the use of technology.
ESG Services
The Environment, Social and Governance (ESG) agenda has gained significant traction over the years, to become one of the key strategic aspects of any business. It is imperative that all organisations, irrespective of industry sector, engage with their stakeholders and prioritise ESG practices to unlock sustainable growth opportunities.
Business Process Solutions
Our team at Grant Thornton offers comprehensive and cost effective outsourced solutions, enabling stakeholders and business owners to focus on their core business goals.

Tax

Tax policy reforms and the introduction of new tax regulations across the GCC are creating huge challenges for organisations. Grant Thornton UAE offers a...

See Overview

Corporate Tax
Our diversified team of corporate tax subject matter experts combines a perfect blend of international experience across several industry sectors, technical expertise, and commercial nuances with a commitment to deliver exceptional value to your business.
VAT
The VAT team at Grant Thornton is well versed with the VAT Laws applicable across the region and holds valuable experience and professional accreditation in assisting clients across diverse industries to comply with the VAT obligations.
Transfer Pricing
Grant Thornton UAE assists its clients in providing transfer pricing solutions that are implementable and operational, considering the facts and concerns of its clients.
International Tax and Tax Due Diligence
Grant Thornton UAE supports multinational groups to optimise their tax structures. We can also assist businesses in analysing existing group transactions and inter-group supplies, as well as advising on potential implications of various taxes to facilitate an efficient Group tax structure.
Economic Substance Requirements
Economic Substance rules were introduced in the UAE in 2019, requiring UAE businesses that undertake certain ‘Relevant Activities’ to maintain and demonstrate adequate substance.
Customs and International Trade
The team at Grant Thornton is positioned centrally to assist the businesses with global cross-border tax structuring, planning and compliance needs.
Excise Tax
We provide Excise Tax related advisory and compliance services to the producer, importer, and the storekeeper of excisable goods

China Desk

For many, selling into a new market and setting up operations in another country is a step into the unknown. The Middle East market presents opportunities and...

See Overview

Global India Growth Hub

Our Global India Growth Hub is focused on supporting HNWIs, entrepreneurs and businesses of Indian origin who are looking to establish or expand their presence...

See Overview

What is E-invoicing?

 E-invoicing is a digital solution for issuing, transmitting, and receiving invoices between suppliers and buyers in a structured electronic format. Mandated by the UAE Ministry of Finance (MoF), e-invoices are generated and processed in XML format, ensuring seamless data exchange between accounting systems. It is important to note that unstructured invoice formats such as pdf, word document, images, scanned copies and emails are not e-invoices.

The UAE’s e-invoicing system will be implemented around the PEPPOL “5-corner” decentralized model, where the Federal Tax Authority (FTA) is positioned in the fifth corner to oversee, collect, and store e-invoices. Under this framework, businesses are required to engage with an Accredited Service Provider (ASP), a technology vendor officially recognized and accredited by the UAE MoF. These ASPs act as intermediaries, facilitating the transmission of e-invoices between buyers and sellers while ensuring compliance with technical and legal standards.

Why E-invoicing?

E-invoicing in the UAE is introduced in UAE to create a more digitally enabled fiscal ecosystem by reducing human intervention in business and tax reporting processes. E-invoicing will not only streamline operations but also optimizes efficiency by lowering costs, reducing processing times, and minimizing paper wastage, thereby supporting sustainability goals. By fostering a community of skilled digital experts, e-invoicing contributes to the development of a robust digital economy. 

Additionally, e-invoicing plays a crucial role in several areas:

01 Minimizing VAT Leakage

Identifies and addresses both unintentional and deliberate efforts to ensure revenue integrity.

02 Economic Growth and Competitiveness

Leverages big data insights to enhance economic growth and competitiveness.

03 Security

Bolsters security through encrypted transactions and secure data exchanges, reducing the risk of fraud and unauthorized access.

04 Government Policy and Intervention

Provides near real-time data to the UAE government, aiding policy makers in identifying areas that require support and intervention, thus contributing to informed decision-making.

How does E-Invoicing work?

Supplier (Corner 1) submits eInvoice data to UAE Accredited Service Provider (Corner 2).
Corner 2 validates and converts eInvoice to XML format, then transmits it to Buyer's Service Provider (Corner 3).
Corner 2 reports Tax Data Document (TDD) to Corner 5.
Corner 3 validates eInvoice and sends Message Level Status (MLS) to Corner 2.
Corner 3 submits eInvoice to Buyer (Corner 4) and reports TDD to Corner 5.
Corner 5 sends MLS to Corner 2 and Corner 3 upon successful TDD reporting.
Corner 2 forwards MLS from Corner 3 and Corner 5 to Supplier (Corner 1).
Corner 3 forwards MLS from Corner 5 to Buyer (Corner 4).

How Grant Thornton Can Help

To align with the UAE's e-invoicing regulations, businesses must upgrade their ERP systems to facilitate seamless integration with the e-invoicing infrastructure. At Grant Thornton, we offer comprehensive services to support your transition to the UAE's e-invoicing system, ensuring regulatory compliance and enhancing operational efficiency. By proactively addressing these changes, businesses can achieve a smooth transition while adhering to tax regulations and optimizing their processes.

Our team of experts specializes in evaluating your systems, implementing tailored solutions, and providing comprehensive training to ensure your team is fully equipped to navigate the latest regulations. Reach out to the GT E-Invoicing team to explore how we can support your e-invoicing requirements and facilitate a seamless digital transition for your business. Let us guide you through this crucial transition with our strategic insights and hands-on expertise.