The Ministry of Finance defined penalties for non-compliance with the e-invoicing system

The Cabinet Decision specifies which violations are subject to penalties, and the corresponding fines. According to the Decision, the following penalties will apply:
- Failure to implement the e-invoicing system or to appoint an Accredited Service Provider: 5,000 AED (approximately 1,175 EUR) for each month of delay or part of thereof
- Failure by the issuer to issue and transmit an e-invoice or elec…