Fiscal subject related
The Zimbabwe Revenue Authority (ZIMRA) has issued a directive requiring all registered operators under the Value Added Tax (VAT) Act [Chapter 23:12] to upgrade their fiscal devices to ensure buyer details are mandatorily transmitted to the Fiscalization Data Management System (FDMS). The deadline for compliance is set for May 31, 2025.
The upgrade is essential for registered businesses to accurately capture and transmit buyer details during transactions. This includes the buyer’s name, address, Taxpayer Identification Number (TIN), contact details, and VAT registration number (if applicable). Businesses whose fiscal devices do not currently support this function must urgently coordinate with approved suppliers to rectify the issue.
To confirm compliance, operators must review fiscal tax invoices, debit notes, or credit notes to ensure transmitted details are accurately reflected on the FDMS validation portal. Documents must bear a verifiable QR code that can be authenticated via a QR code scanner or through the ZIMRA FDMS portal.
The commissioner has affirmed that input tax claims will only be permitted on fiscalized tax invoices that comply with Section 20(4) of the VAT Act. Non-compliant invoices may be subject to audits to validate their accuracy.
ZIMRA urges all registered operators to complete the necessary upgrades before the deadline and regularly verify transactions via the FDMS portal to ensure uninterrupted compliance. For further details, businesses can visit the FDMS Validation Portal.
Other news from Other countries
China Mandates Real-Time Digital VAT Invoicing (e-Fapiao) by Late 2025
Other countries
Author: Ljubica Blagojević
China is moving toward a fully digital, real-time VAT invoicing system through e-fapiao. Fully digital invoices have been available nationwide since December 1, 2024, with full mandatory adoption expected by late 2025. The system uses real-time clearance for domestic B2B and B2C transactions, requires standardized electronic invoices, and enables instant reporting to tax authorities. All VAT-regis... Read more
Vietnam E-Invoicing & E-Reporting System
Other countries
Author: Ema Stamenković
Vietnam mandated e-invoicing nationwide from July 2022, requiring digital signing, real-time clearance or same-day reporting to the GDT. The system covers B2B, B2C, B2G, and exports, with imports excluded. Invoices must be archived for 10 years. Non-compliance incurs penalties. Key regulations include Decree 123/2020 and Decree 70/2025, with limited exceptions for small businesses. Vietnam has enf... Read more
Navigating E-Invoicing in the UAE: A Step-by-Step Guide
Other countries
Author: Ema Stamenković
UAE E-Invoicing requires structured XML/JSON/UBL invoices via Accredited Service Providers (ASPs), to be reported to FTA within 14 days. Key phases include pilot in July 2026 and mandatory rollout by January 2027 for large businesses, with subsequent phases for smaller entities. Compliance involves stringent validation, auditing, and adherence to deadlines, while expected cost reductions are 66-80... Read more
UAE Introduces Fines for E-Invoicing Non‑Compliance
Other countries
Author: Ema Stamenković
The UAE's Cabinet Decision No. 106 of 2025 outlines fines for violating new electronic invoicing rules starting January 1, 2027. A test phase begins in July 2026, and penalties include AED5,000 monthly for system failures and AED100 per missing invoices. The UAE Ministry of Finance has put out Cabinet Decision No. 106 of 2025, which sets the fines for breaking the new electronic invoicing rules. T... Read more
Indonesia: Coretax E-Invoicing Mandatory for All VAT-Registered Taxpayers by End of 2025
Other countries
Author: Ljubica Blagojević
Indonesia’s new Coretax system, launched in January 2025, makes e-invoicing and clearance mandatory for all VAT-registered taxpayers (PKP). Most businesses must use the Coretax portal, while only high-volume taxpayers may continue using e-Faktur Desktop or H2H. The mandate covers B2B, B2G, exports, and all adjustment documents, with paper invoices allowed only during system outages. By December 31... Read more
Preparing for VAT in Qatar: Essential E‑Invoicing Steps for Businesses
Other countries
Author: Ema Stamenković
Qatar is advancing towards mandatory e-invoicing aligned with VAT. Key requirements include registration with tax authority, ERP integration, and timely structured invoicing. Benefits include faster reconciliation, improved compliance, and reduced fraud. Governance risks must be addressed early. An action plan involves gap analysis, pilot testing, and team training. All businesses must prepare, re... Read more
UAE to Launch E‑Invoicing Pilot in July 2026
Other countries
Author: Ema Stamenković
UAE will implement mandatory Peppol-based e-invoicing starting 2027, using a decentralized model. Key timelines include technical specs in June 2025, pilot phase in July 2026, and B2G transactions by October 2027, with exclusions for specific services. UAE is launching mandatory Peppol-based e-invoicing and e-reporting in 2027 using a decentralised CTC and Exchange Model (DCTCE) with Peppol PINT 5... Read more