Masterclass on E-invoicing, transfer pricing attracts gold tradersin UAE

Ahead of the implementation of E-invoicing in the UAE, companies are hurrying up to mandate Accredited Service Providers (ASPs) as stipulated by the Federal Tax Authority (FTA) to comply with E-invoicing requirements.
AVS Lewis & Pecker, leading Chartered Accountants and Business Advisors in the UAE, organised a Masterclass on E-Invoicing and Transfer Pricing exclusively for gold traders in the UAE.
More than 170 officials representing gold traders in the UAE participated in the Masterclass at Hyatt Regency hotel on December 16, 2025.
The Masterclass on Transfer Pricing was conducted by Payakkal Satheesan FCA, Leading Tax & Regulatory Expert; and the Masterclass on E-Invoicing by Venkata Sai Vaddepally, Digital Compliance Specialist.
It was announced that AVS Lewis & Pecker is bringing out a comprehensive UAE Corporate Tax Guide. It has also developed AVS Gold, an ERP solution, an AI-driven ERP platform specifically designed for gold traders, jewellers, bullion dealers, and precious metals businesses.
The participants showed keen interest in engaging Accredited Service Providers (ASPs) to comply with the FTA regulations. Businesses with annual revenue of more than Dh50 million are required to appoint ASPS by July 31, 2026.
The experts gave an update of the deadlines and compliance requirements and cited UAE Cabinet Resolution outlining penalties for specific violations.
“Every assesse has to get an expert opinion about their transfer pricing valuation, since it contains complex documentation process as per UAE Corporate Law,” said Mr Payakkal Satheesan.
“The Masterclass was organized to empower gold traders to navigate the tax regulations and other statutory obligations and enhance operational efficiency to stay ahead in business,” said AVS Lewis & Pecker’s Mr. Mohammed Sharaf BSC, FCA and Mr. Akilesh N Sankaran.
More Masterclasses in the offing
Encouraged by the overwhelming participation, AVS Lewis & Pecker is planning to organise a series of Masterclasses on various topics connected to the UAE’s Corporate Tax Law.
“Companies should act now to implement E-invoicing and Accredited Service Providers can help companies assess and implement E-invoicing systems,” said Venkata Sai Vaddepally.
“This Masterclass helped gold traders familiarize with Transfer Pricing obligations, Arm’s Length Principle under the UAE Corporate Tax Law, requiring related-party transactions. They could learn about penalties for non-compliance including loss of tax benefits and adjustments”, said Satheesan Payakkal.
AVS Lewis & Pecker, a leading professional financial service provider based in the UAE, has been providing top-notch business and financial services to some of the top companies based in the UAE.
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