As we approach the official kick-off date for e-Invoicing in Malaysia on August 1, 2024, it is crucial that businesses, particularly those with annual incomes of RM100 million and above, are adequately prepared for this transition.
The Inland Revenue Board of Malaysia (LHDN) has recently released vital updates, including the e-Invoice Guideline (Version 3.0) and e-Invoice Specific Guideline (Version 2.2). Additionally, the MyInvois Portal has been launched for issuing and submitting e-Invoices, ensuring a smooth transition. Check out the user guide of MyInvois Portal here.
Given the approaching deadline, it is vital to complete all necessary preparations to avoid last-minute issues. Ensuring that your business is ready for e-invoicing will prevent operational disruptions and maintain compliance with LHDN regulations.
In preparation for this significant change, it is imperative for businesses to:
At Biztrak, we are committed to supporting our customers in meeting e-invoicing compliance requirements. Here’s how we are assisting you:
For customers who have not yet opted for the software update, please send a request to the Biztrak support team immediately. Timely updating of your Biztrak MSB system is crucial to ensure your business can comply with the new e-invoicing requirements from August 1, 2024.
If you have any queries or require assistance with e-invoicing, please do not hesitate to contact our support team:
We are here to help you navigate this transition smoothly and ensure your business is fully compliant with the new e-invoicing standards.