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Malaysia Grants E-Invoicing Exemption for Revenue Below MYR 500,000, Defers for Up to MYR 5 Million

  • Taxpayers with annual revenue below MYR 500,000 are temporarily exempt from e-invoicing.
  • E-invoicing implementation deferred for taxpayers with revenue up to MYR 5 million.
  • Decision aims to give micro, small, and medium enterprises more preparation time.
  • Implementation will be phased to ensure a smooth transition.
  • Updated implementation dates based on revenue thresholds.
  • New guidelines released: e-Invoice Guideline Version 4.4 and Specific Guideline Version 4.2.
  • New businesses starting between 2023 and 2025 with revenue of at least MYR 500,000 must implement e-invoicing by 1 July 2026.
  • Businesses starting in 2026 or later begin e-invoicing on 1 July 2026 or start date of operations.
  • Previous guidelines and updates were released in March and February 2025.

Source: regfollower.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.

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