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