- Mandatory rollout begins August 2024: Malaysia’s Inland Revenue Board (LHDN) will require large taxpayers to adopt e-invoicing starting 1 August 2024, with full implementation for all businesses by July 2025.
- Centralized model via MyInvois portal: All e-invoices must be submitted to LHDN through the MyInvois platform for validation before being shared with buyers, ensuring real-time compliance and auditability.
- Scope and format: The mandate covers B2B, B2C, and B2G transactions, using structured formats aligned with global standards (e.g., JSON/XML), and includes QR codes for invoice verification.
Source Storecove
See also
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
Latest Posts in "Malaysia"
- Malaysia Revises Service Tax Rules, Adds New Exemptions Effective July 2025
- Malaysia Issues New Service Tax Policies for Healthcare and Construction Effective July 2025
- Briefing Document & Podcast: E-Invoicing in Malaysia: Scope, Regulations & Future Outlook
- Malaysia Drops High-Value Goods Tax, Applies Higher Sales Tax to Luxury Items
- Malaysia Clarifies Sales Tax Refund Procedures for Manufacturers’ Machinery and Equipment Purchases
