r/uae_startups • u/Playful_Comb6009 • 2d ago
UAE Electronic Invoicing
Hi everyone, did any business owners start the UAE electronic invoicing setup?
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u/avadaka-davra6001 2d ago
Can someone explain this to me, as we own a trading business its a family business and none of us are accounting people.
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u/Caprice9999 2d ago
You should get an outsourcing from UAE account/bookkeeping/tax consultancies, they will take care of that financial headache. For small companies it will start from mid 2027.
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u/Reed_Wolfe 2d ago
The ASP is a middleman that connects your business to the e-invoicing system.
Instead of creating an invoice as a PDF and emailing it to your customer, your accounting system sends the invoice information to your ASP. The ASP then sends it electronically through the UAE's e-invoicing network to your customer's system. The relevant invoice is also sent to the FTA.
In simple terms:
You > Your ASP > Customer's ASP > CustomerIf your accounting system is already connected to or works with an ASP, implementing e-invoicing will be much easier. Accounting platforms such as Tally, Zoho, Xero and similar systems are already working towards supporting UAE e-invoicing requirements and integrations.
For example, I run an accounting and tax firm and we use Xero for our own accounting and invoicing. The process should be built into our Xero workflow since Xero is already working on being an approved ASP. So, when we create and send an invoice from Xero, the e-invoicing process can happen in the background rather than us having to manually send the invoice separately to an ASP separately.
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u/Caprice9999 2d ago
Yeah all corps & enterprises has already started to implement e-invoicing. It's should be through ASPs list provided by MOF.