The UAE Ministry of Finance has issued two decisions regarding the Electronic Invoicing System, applicable to all businesses for B2B and B2G transactions. Businesses must appoint an Accredited Service Provider (ASP) and use the OpenPeppol standard. Implementation starts with a pilot in July 2026, with phased mandatory adoption based on revenue thresholds. The UAE Ministry of Finance has issued two... Read more

Thailand’s e-invoicing system is voluntary, with no 2026/2027 B2B mandate. Adoption is encouraged through tax incentives, while businesses should monitor future mandate and incentive developments. Thailand has a voluntary e-Tax Invoice and e-Receipt system. It is not a mandatory CTC or real-time clearance model, and there is currently no legislated B2B e-invoicing mandate for 2026 or 2027. The sy... Read more

SARS issued guidance on Global Minimum Tax filings through eFiling, covering GMT01, GMT02, deadlines, supporting documents, and payments. The first Global Information Return is due within 18 months after the first reportable fiscal year, while later filings are due within 15 months. Taxpayers must activate the GMT tax type before filing. Payments are made through “Pay Now” using Credit Push and ca... Read more

A 4-corner model launched in April 2026 supports Peppol-based e-invoices. Key milestones include the July 2026 pilot, mandatory ASP appointment by October 2026, and phased implementation for taxpayers through 2029. Specific technical requirements and mandatory fields for PINT AE Tax eInvoices are established. Peppol PINT AE-based e-invoicing in 2027 The Ministry of Finance delayed the deadline fo... Read more

The Council of Ministers approved amendments to the GCC Unified VAT Agreement, enhancing cross-border VAT administration and allowing member states flexibility in setting VAT rates, while improving tax capture and cooperation. The Council of Ministers has approved amendments to the GCC Unified VAT Agreement, which originally established harmonized VAT in the region (Saudi Arabia introduced VAT at... Read more

Fiscalization has transformed from a compliance tool reliant on hardware to dynamic, software-driven platforms linking businesses and tax authorities. The webinar was presented by Dušan Bučevac, Sales Manager at Fiscal Solutions, who covered crucial fiscalization milestones and explained how real-time data has reshaped compliance, transparency, and business decision-making. Read more