Illustration of compliant e-invoicing automation for UAE businesses - Global Banking & Finance Review
This image represents Tungsten Network's e-invoicing solution now compliant in the UAE, enhancing invoice processing for businesses. It highlights the importance of digital invoicing in the UAE's economy.
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UAE ORGANISATIONS TO BENEFIT FROM COMPLIANT E-INVOICING THROUGH TUNGSTEN NETWORK

Published by Gbaf News

Posted on July 1, 2014

1 min read

· Last updated: November 23, 2018

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Global electronic trading network now offers compliant invoice-processing automation in 46 countries

Tungsten Network Achieves UAE Compliance

Tungsten Corporation plc (LSE:TUNG) is now compliant for e-Invoicing in the United Arab Emirates (UAE).

Thorough Review of Emirati Commercial Law

Having completed a thorough review of Emirati commercial law, Tungsten Network, the global
e-Invoicing network built on OB10, now allows customers to send and receive electronic invoices that qualify as a legal invoice in the UAE.

UAE's Strategic Importance for E-Invoicing

The UAE is one of the Middle East’s largest economies and one of the world’s most important business hubs. It is Tungsten Network’s 46th compliant country.

Ongoing Investment in Invoice Automation

“Tungsten Network is continuing its multi-million pound investment programme to help our buyer and supplier customers achieve global compliance across their invoice-automation programmes,” says Edmund Truell, Group CEO, Tungsten Corporation. “A number of our major clients have identified the UAE as a key market, and we’re delighted to deliver this important territory to them as we help them trade with confidence.”

Key Takeaways

  • Tungsten Network is now compliant for e‑Invoicing in the UAE, marking its 46th compliant country.
  • UAE compliance enables legal electronic invoice submission and reception under Emirati commercial law.
  • This expansion supports Tungsten’s customers trading in a key Middle Eastern business hub.
  • The move reflects Tungsten’s continued investment in global invoice‑automation and compliance capabilities.

References

Frequently Asked Questions

What does UAE e‑Invoicing compliance mean for Tungsten Network users?
It means customers can send and receive electronic invoices that are legally valid under UAE commercial law.
How many compliant countries does Tungsten Network now cover?
With UAE compliant, the network spans 46 countries.
Why is UAE compliance significant?
The UAE is a major Middle East economy and business hub where many clients operate, so local e‑invoicing compliance simplifies cross‑border trade.
Who leads Tungsten Corporation?
The Group CEO is Edmund Truell, who highlighted the investment in global compliance efforts.

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