The UAE government is launching a new e-invoicing system as part of its move towards a fully digital economy and stronger tax compliance. This initiative will soon be mandatory for all businesses, including jewellery and precious metals, regardless of size. For the jewellery or precious metals industry, now is the right time to prepare.
E-Invoicing
E-invoicing means issuing and receiving invoices through government-approved digital platforms. These platforms allow real-time data exchange and ensure that every invoice follows VAT and tax regulations. Traditional paper-based invoices or simple software tools will not be sufficient once the new law is fully in place.
Why is e-invoicing so important currently for the Jewellery or Precious Metals?
The UAE Ministry of Finance (MoF) announced in July 2023 that it is rolling out a nationwide “E-Billing System” to establish an advanced billing framework at the federal level. This transformation will start in phases, beginning in Q2 2026. For businesses, this means e-invoicing will become mandatory for VAT compliance.
MoF has already released a dedicated webpage with useful details about the upcoming e-invoicing implementation across the UAE, including FAQs that clarify how it will work. And the legal groundwork has been laid with the publication of Federal Decree-Law No. 16 of 2024, which amends the UAE VAT Law. Starting 1 November 2024, electronic invoices (or ‘e-invoices’) will be officially recognised as valid documents for issuance and tax recovery.
This means businesses need to get ready for these changes sooner rather than later. As part of this push, MoF has also introduced Federal Decree-Law No. 17 of 2024, updating provisions around tax procedures.
The Two-Phase Rollout
The e-invoicing rollout will happen in two phases. The first phase, called the generation phase, begins in July 2026. From this point, all businesses must be able to create electronic invoices in the required format. The second phase involves integration with the Federal Tax Authority (FTA), where invoices must be sent to the government in real time using approved software.
Impact on Jewellery and Precious Metals Businesses
Jewellery businesses will need to update the way they generate invoices, manage tax records, and submit reports. Manual or semi-digital systems will no longer be acceptable. This change to full digitisation will help reduce errors, improve record-keeping, and ensure that tax regulations are met.
Suntech’s Role in E-Invoicing Compliance
Suntech Business Solutions helps jewellery and precious metals businesses in the UAE adapt to changing regulatory standards. Our dedication to innovation, legal compliance, and technical excellence energies the development of our ERP solution, SUNFACET, which is both reliable and future-ready.
We are proud to share some of our recent achievements in the field of e-invoicing compliance and digital transformation in the jewellery and precious metals industry
UAE’s Emerging E-Invoicing Innovator
Recently, we were honoured with the TaxCom Award and featured in Khaleej Times as the “UAE’s Emerging Invoicing Innovator.” This recognition highlights our efforts in creating VAT-compliant ERP software that supports smooth and secure invoicing processes. It is a reflection of our technical strength and dedication to helping businesses stay ahead of evolving tax requirements. You can read the full article here: https://www.khaleejtimes.com/kt-network/suntech-group-honoured-as-uaes-emerging-invoicing-innovator
PEPPOL Membership
Suntech is proud to share that our company is now a registered PEPPOL member (Pan-European Public Procurement Online). PEPPOL is an international network that enables secure, standardised electronic document exchange between businesses and government entities. By integrating PEPPOL standards into our ERP, SUNFACET, we ensure that our clients can:
As a PEPPOL member, we ensure that our ERP solution, SUNFACET, is prepared to support businesses that require international invoicing standards and cross-border document exchange. Our PEPPOL listing can be verified here: https://peppol.org/members/full-members-list/
As a registered member of PEPPOL, Suntech enables businesses to transact securely with government bodies and international partners through standardised digital channels. This integration significantly reduces manual invoicing errors, enhancing accuracy and efficiency in every transaction. By aligning with global protocols, SUNFACET improves interoperability across different systems and regions, making communication between organisations seamless. It also ensures that businesses are well-prepared to meet cross-border compliance requirements, helping them operate confidently in a global market. This membership reflects our ongoing commitment to staying aligned with international e-invoicing standards and delivering future-ready solutions to our clients.
FTA Application in Progress for Full UAE Compliance
We have officially begun the application process to become an FTA-approved e-invoicing software provider in the UAE.
The Federal Tax Authority (FTA) has announced that e-invoicing will become mandatory in multiple phases, and we are proactively working to ensure that our ERP system remains 100% compliant. Our goal is to help jewellery retailers, wholesalers, and manufacturers in the UAE navigate this shift confidently and stay ahead of regulatory changes.
SUNFACET ERP is an award-winning, tax-compliant software platform designed to meet the specific needs of the jewellery and precious metals industry. It offers smooth integration with global e-invoicing networks, helping businesses stay aligned with international standards. With SUNFACET, you also receive continuous support and timely updates to ensure full compliance with FTA regulations. The platform is built to support future growth, offering reliable solutions for cross-border trade, financial reporting, and regulatory changes.
Suntech’s SUNFACET Jewellery ERP
Suntech Business Solutions in Dubai is already prepared for this transformation. Suntech’s ERP system, SUNFACET, is designed specifically for the jewellery industry and is fully ready for the upcoming e-invoicing requirements. SUNFACET allows businesses to generate VAT-compliant digital invoices and integrate flawlessly with FTA-approved e-invoicing platforms. It supports real-time data sharing, which will be essential during the second phase.
Earlier the Better
Jewellery retailer, wholesaler, or distributor must act right now. Transitioning early to an e-invoicing-ready system like SUNFACET will save time, reduce risk, and help you avoid non-compliance penalties. Waiting until the last moment can lead to unnecessary disruptions in your business operations.
Suntech Is Here to Support You
Suntech is closely following all updates from the UAE government regarding e-invoicing. Our team is ready to help you upgrade your system, train your staff, and manage the transition smoothly. SUNFACET ERP helps you stay compliant.
Jewellery businesses that take action now will enjoy greater accuracy, transparency, and control over their operations. Suntech’s SUNFACET helps jewellery or precious metal businesses move forward confidently into the digital future.
📞 Contact us today
Phone: +971 55 220 1715
Email: info@suntech-global.com
Our Locations: UAE, KSA, India, Hong Kong
Visit Our Website: www.suntech-global.com
