Electronic invoicing (e-Invoicing) is the exchange of the invoice document between a supplier and a buyer in an integrated electronic format. Traditionally, invoicing, like any heavily paper-based process, is manually intensive and is prone to human error resulting in increased costs and processing lifecycles for companies. Benefits of e-invoicing: 1. E-invoicing automates the invoicing process, saving time […]
What is E-Invoicing? Read More »
The Ministry of Finance (MoF) and the Federal Tax Authority (FTA) of the UAE have initiated a new initiative aimed at alleviating the penalties associated with late registration under the Corporate Tax Law. This underscores the UAE’s dedication to cultivating a conducive business environment while lightening the administrative and financial load on businesses and exempt
NEW MoF AND FTA INITIATIVE OFFERS PENALTY WAIVER FOR LATE CORPORATE TAX REGISTRATIONS Read More »
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