Egypt Is The First Country In Middle East and Africa To Implement E-Invoice This practical manual on E-Invoice can be used as a quick reference guide (QRG) for those who are interested to have the know-how depend on their role, i.e. project managers, business stakeholders, finance managers or unit CFO's. This article is taking the circumstances of e-invoice implemented in Egypt, and it shall cover all aspects of the national project from registration to implementation. What is E-Invoice, how it works, scope and why governments are implementing it? E-Invoice simply is, amending the current paper-based exchange of invoices (sales/purchases) to be digital through a website (usually it is a governmental portal). It works via configuring & mapping enterprise's ERP with E-Invoicing portal through API's (API is short for Application Programming Interface), in simple words, a bridge (see below screenshot). E-Invoice scope varies from country to another depend on its regulatio...
Abdelrahman assists clients with consulting, compliance, due diligence and risk management for direct taxation, international tax, and transfer pricing, managing over $50B in assets across the UAE, GCC, and MENA. Abdelrahman is an approved UAE FTA Tax Agent (TAAN 20054466).