- Malaysia launched electronic invoicing requirements for businesses with turnover of at least MYR100m on August 1, 2024
- Implementation plans were delayed and accelerated, with smaller businesses to be included from January 2025
- Comprehensive guidelines were updated on June 28, 2024 to support businesses with practical compliance
- The full implementation of electronic invoicing is set for July 1, 2025, earlier than the previous plan of 2027
Source: answerconnect.cch.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 Extends E-Invoicing Deadline for Small Businesses, Eases Rules Until End of 2026
- Malaysia Lowers Service Tax, Expands Exemptions for Rentals, Construction, and Key Inputs
- SUPP Dudong Chief Urges Federal Government to Reinstate GST for Stable Revenue, Lower Living Costs
- IRBM Issues e-Invoice Guideline Version 4.6: Expanded Consolidation, Grace Periods, and Clarifications
- Malaysia Updates Sales and Service Tax Policies for MSMEs and Manufacturers Effective January 2026
