Sharjah: The Ministry of Finance, in collaboration with the Federal Tax Authority (FTA), has launched the pilot phase of the Electronic Invoicing System at an awareness event held at Al Jawaher Reception and Convention Centre. This event was attended by representatives from the Ministry, the FTA, and private sector entities involved in the system's scope, marking a significant milestone towards the implementation of the Electronic Invoicing System across the UAE.
According to Emirates News Agency, the event underscored the strategic importance of the pilot phase, which involves the active participation of stakeholders and Accredited Service Providers to test the systems and ensure technical integration. Participants were briefed on the next steps in the roadmap and the activation of the 5-Corner Model, aimed at completing system integration procedures and enabling secure electronic invoice exchange.
Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, highlighted that the pilot phase launch and ongoing awareness events reflect the UAE's collaborative approach to supporting a smooth transition towards the Electronic Invoicing System. He emphasized its role in building a sustainable digital economy aligned with international standards in transaction accuracy and financial data management.
AlKhoori stated, "Launching the pilot phase of the Electronic Invoicing 5-Corner Model represents a significant step toward building a future-ready digital invoicing ecosystem. Through collaboration with businesses participating in the pilot phase, Accredited Service Providers, we aim to create a model that delivers greater value, efficiency, and trust for the business community."
He urged the business community to align with the implementation roadmap, including selecting an Accredited Service Provider and completing onboarding through the FTA's EmaraTax platform. He emphasized that early readiness and active participation will enable businesses to benefit from automation and transparency from the early stages of the rollout.
Abdulaziz Mohammed Al Mulla, Director General of the FTA, described the five-corner e-invoicing model as a secure and automatic digital data exchange system that enhances transparency and supports real-time compliance. He affirmed that the pilot phase's launch represents an important step in the UAE's digital transformation journey, further bolstering its position as a leading innovator globally.
He added that the Electronic Invoicing System, implemented jointly by the Ministry of Finance and the FTA, supports voluntary tax compliance through secure digital mechanisms, simplifying and automating invoicing processes. This facilitates real-time data exchange and supports efficient tax return submissions to the FTA.
The event also explored strategic themes, including understanding the system's benefits, discussing implementation mechanisms, and highlighting economic advantages. It featured an introductory video and a presentation on the system's role in enhancing the business environment, followed by a briefing on the steps for joining the system via the FTA's EmaraTax platform. The event concluded with an interactive open discussion.
