- Malaysia has updated its guidance for businesses on electronic invoicing
- Implementation for larger businesses will begin in August 2024
- Implementation for smaller businesses will begin in January 2025
- Implementation for all remaining businesses will be by July 1, 2025
- The guidelines provide an overview of the regime and support taxpayers in implementing electronic invoicing processes
- The guidelines specify the requirements and e-invoice specifications for different types of transactions
- The specific guidelines provide practical compliance support and cover various topics related to invoicing and transactions
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.
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