- Malaysian Inland Revenue Board (IRBM) published a new e-invoicing guidance v2.1 on 28 October 2023
- New timeline for mandatory e-invoicing is announced
- E-invoicing will be implemented gradually starting from 1 August 2024 for taxpayers with an annual turnover or revenue of more than RM100 million
- From 1 January 2025, taxpayers with an annual turnover or revenue of more than RM 25 million will be required to use e-invoicing
- From 1 July 2025, all remaining taxpayers will need to adopt e-invoicing
- Links to access updated guidelines and catalogues are provided
Source: kofax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Malaysia"
- Malaysia Enacts 2025 Anti-Dumping Duties on Polyethylene Terephthalate and Tinplate Imports
- New Service Tax Guides Released for Credit Cards and Insurance Services Effective July 2025
- Updated Service Tax Guide Clarifies Logistic Services, Enhances Compliance and Practical Application
- Malaysia Amends Sales Tax Exemption for Cross-Border Vehicles, Effective September 1, 2025
- Malaysia’s 2025 SST Reform: Expanded Scope, Higher Sales Tax and e-Invoicing Implications
