According to the presentation held in March 2023, a timeline for the phased introduction and implementation of e-Invoicing has been introduced by the Inland Revenue Board (IRB). Preparation and beginning of a pilot project for selected companies would come into force in 2023. However the specific information about the type of e-Invoicing system has yet to be announced publicly. The shared timeline by the IRB is as follows :
- January 2024 : Businesses will be able to implement e-Invoicing voluntarily
- June 2024 : Mandatory implementation for businesses with annual turnover of MYR 100 million
- January 2025 : Mandatory implementation for businesses with annual turnover of MYR 50 million
- January 2026 : Mandatory implementation for businesses with annual turnover of MYR 25 million
- January 2027 : Mandatory implementation for all businesses
Source SNI
Click on the logo to visit the website
Latest Posts in "Malaysia"
- Malaysia Introduces Sales Tax Exemption for ASEAN Cross-Border Goods Transport Vehicles
- Malaysia’s Indirect Tax Reforms: Challenges, Compliance, and Future Budget Expectations
- Malaysia Issues Sales Tax Exemption Guidance for Manufacturers; Refund Applications Due by November 30, 2025
- Malaysia’s 2025 Tax Reforms: Mandatory E-Invoicing, MSME Support, and New Foreign Tax Branch
- Malaysia Expands E-Invoice Restrictions to Electricity and Telecom Sectors Starting 2026
