CompassPoint Consulting, a UAE-based fractional CFO and monetary advisory company, has partnered with Tax Big name, a pre-approved UAE Approved Provider Supplier (ASP) for e-invoicing, to assist companies get ready for the rustic’s incoming obligatory e-invoicing regime.
The partnership provides UAE firms a unmarried, sensible path to compliance, combining CompassPoint’s finance, readiness and rollout experience with Tax Big name’s regulated, FTA-aligned era. Slightly than juggling separate advisers and instrument suppliers, companies can now paintings thru one responsible partnership designed to get them able in just right time and with much less operational disruption.
From the tip of October 2026, the UAE is shifting to obligatory e-invoicing for in-scope business-to-business and business-to-government transactions, without reference to VAT registration. The shift is likely one of the largest adjustments to enterprise invoicing for the reason that advent of VAT in 2018.
The brand new regime is being presented to give a boost to tax compliance, build up transparency, scale back guide mistakes, standardise bill information and enhance the UAE’s wider virtual transformation time table. For companies, alternatively, the exchange isn’t just a technical compliance factor. It’ll impact invoicing workflows, accounting techniques, buyer and provider information, inner finance processes, team of workers coaching and audit readiness.
Throughout the partnership, CompassPoint will set up readiness and rollout round how each and every enterprise in reality runs. This comprises serving to firms assess their present invoicing processes, establish gaps, redesign workflows, get ready inner groups and set up the transition. Tax Big name will give you the regulated era layer, supporting bill validation, change throughout the Peppol community and reporting to the FTA.
Zaid Aboobaker, Co-Founder and CEO, CompassPoint Consulting, stated: “E-invoicing is the biggest compliance shift since VAT, and too many businesses are treating it as a problem for next year. It is not. But our job is to make it simple. We know how our clients operate, while Tax Star brings the approved technology. Together, we get companies and people ready in good time, not under pressure.”
Time limits are shut. Companies above AED 50 million will have to appoint a supplier by means of 30 October 2026 and cross survive 1 January 2027. Smaller companies will have to appoint a supplier by means of 31 March 2027 and cross survive 1 July 2027.
Symbol: CompassPoint and Tax Big name legitimate internet sites
For in-scope companies, failure to organize may just result in operational disruption and consequences. Non-compliance carries consequences of AED 100 according to overlooked e-invoice, capped at AED 5,000 a month, and AED 5,000 a month for a past due ASP appointment. Invoices may also be rejected by means of the FTA if they don’t seem to be PINT AE compliant (the requirement for companies to factor and obtain standardized digital invoices the use of the Peppol Global (PINT) fashion).
Rayhan Aleem, Co-Founder and CEO, Tax Big name, stated: “Compliance technology only works when it fits the business behind it. Partnering with CompassPoint means clients get the regulated, FTA-ready platform and the finance expertise to put it to work, from day one.”
CompassPoint and Tax Big name have created a easy readiness procedure for companies. Corporations first ascertain their go-live date according to earnings, then appoint an authorized supplier, attach that supplier to their accounting gadget, and after all check, teach and cross reside.
The carrier is designed to be easy and available, with one-time onboarding from AED 1,000 according to entity, platform and enhance from AED 2,000 a 12 months, and CompassPoint readiness from AED 2,000 according to entity. Platform charges scale with bill quantity and are capped. Extra complicated ERP integrations, together with techniques corresponding to Odoo or NetSuite, might lift a one-off price, showed following a brief evaluate.
The partnership is reside now and to be had to companies around the UAE. Present CompassPoint shoppers may have the method controlled as a part of their finance partnership, whilst new shoppers can appoint CompassPoint to run e-invoicing readiness as a standalone mission. CompassPoint too can facilitate introductions to Tax Big name for companies that require direct e-invoicing implementation enhance.
Corporations can guide a no-cost, no-obligation 30-minute readiness evaluate to grasp what the mandate way for his or her enterprise, once they wish to act, and what steps they must take subsequent. Tax Big name is a pre-approved Approved Provider Supplier, Peppol-certified, with UAE information residency, ISO 27001 and ISO 22301 certification and a 99.9% uptime SLA.
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