e-Invoicing in Malaysia: Latest Updates (2)
e-Invoicing in Malaysia: Latest Updates (1)
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e-Invoicing in Malaysia: Latest Updates
The Malaysian Inland Revenue Board (IRBM) has released a new e-Invoice Guideline (version 2.1), on 28 October 2023. This guideline outlines a new timeline for mandatory e-invoicing implementation, as follows:
Additionally, the IRBM has made revisions to the e-Invoice Specific Guideline (version 1.1), including the following:
Businesses should start preparing for mandatory e-invoicing by reviewing the new guidelines and implementing the necessary changes to their accounting systems. You should also consult with your tax advisers to ensure compliance with the new regulations.
Biztrak is committed to providing you with the most up-to-date e-invoicing solutions to support your business operations. We are currently reviewing the latest e-invoicing updates from the IRB, and our Research and Development (R&D) team is diligently assessing the requirements to ensure seamless integration into our accounting system.
We understand the importance of staying compliant with e-invoicing regulations, and we are working diligently to implement these updates as soon as possible. We will keep you informed of any developments and provide you with timely updates once the requirements have been successfully integrated into our system.
Thank you for your patience and understanding.
