An Overview of E-Invoicing in Malaysia

Malaysia’s Inland Revenue Board (IRB) has issued guidance notes on the launch of its B2B e-invoicing via a new MyInvois Portal or API interface, and B2C e-Receipt regimes, due to launch on 1 Aug 2024.

Although the first stage of implementation begins in Aug 2024 and is mandatory for business with a sales threshold of RM100m per year, the IRB welcomes organisations who are ready to undertake the programme to volunteer themselves for the pilot project.

e-Invoicing will become mandatory for all taxpayers regardless of sales threshold from July 2025. We should get ourselves ready and to gain an understanding and preparation of Malaysian e-invoicing, identify the impacts and operations.

After completing this course, participants will be able to understand and know the following:
~ Understanding what is E-Invoicing
~ The E-Invoicing rules in Malaysia
~ Benefits of E-Invoicing
~ E-Invoicing process description
~ E-Invoice implementation timeline
~ E-Invoicing: Impact on strategies and operations