Regulatory updates - Malaysia

Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.

Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements for Malaysia.
February 9 2024

Release of Software Development Kit for MyInvois System (API)

The Malaysian Inland Revenue Board announced the release of the Software Development Kit (beta) to help taxpayers prepare for the upcoming mandatory MyInvois System. 

October 31 2023

IRBM announced new e-invoicing implementation timeline

The Malaysian Inland Revenue Board announced the new gradual roll-out plan of the mandatory e-invoicing implementation and provided clarifications of certain provisions of the previously published e-invoicing guidelines.

October 16 2023

The launch of the e-invoicing mandate implementation is delayed to 1 August 2024

The Government of Malaysia unveiled the change to the country-wide e-invoice mandate roll-out.

October 2 2023

IRBM provides further guidance on mandatory e-invoice implementation

The Malaysian Inland Revenue Board has updated the previously announced guideline on the gradual roll-out for mandatory e-invoicing for targeted taxpayers and provided further guidance on the implementation.

September 29 2023

Progress on the Pilot Implementation Model for Peppol Service Providers by MDEC

MDEC specifies further steps of the Peppol pilot implementation project.

August 30 2023

MDEC has been established as the Peppol Authority in Malaysia

The Malaysian Digital Economy Corporation (MDEC) has become the newest Peppol Authority, operating on behalf of the Malaysian Government.

July 24 2023

Introduction of the guideline for the implementation of mandatory e-invoicing

Malaysian Revenue Board announced the guideline on the gradual mandatory e-invoice implementation for targeted taxpayers.

April 12 2023

Malaysia will introduce a countrywide e-invoicing mandate from June 2024

The Malaysian government plans to introduce a Centralized Pre-Clearance CTC model on all transactions to increase efficiency and strengthen the tax administration. A gradual introduction of the obligation will commence in June 2024 and end in 2027.

November 7 2022

Malaysia’s National e-Invoicing program has stepped forward

The Malaysian government has established strategic collaborations, including governmental agencies and private entities, to deploy a countrywide e-invoicing framework. Pagero has been invited to contribute to the initiative.

June 28 2022

Malaysia to introduce gradual e-invoicing implementation in 2023

To strengthen the efficiency of the government’s tax system and help grow the digital economy, Malaysia announces the implementation of electronic invoicing in phases.

Country Specifications

E-Invoicing/CTC Model:

- Currently: Post Audit

- August 2024: Centralized Pre-clearance

Mandatory Infrastructure:

N/A

Mandatory Format:

N/A

Mandatory for Issuing:

- Currently: No explicit requirements

- Upcoming roll-out:

- Auguts 2024: Businesses sales > RM 100 million (ca. EUR 20 000 000) per year

- January 2025: Businesses sales > RM 25 million (ca. EUR 5 000 000) per year

- July 2025: Rest of taxpayers

Mandatory for Receiving:

- Currently: Written acceptance from the buyer is required

- Upcoming roll-out:

- Auguts 2024: Businesses sales > RM 100 million (ca. EUR 20 000 000) per year

- January 2025: Businesses sales > RM 25 million (ca. EUR 5 000 000) per year

- July 2025: Rest of taxpayers

eSignature:

Not Required

Archiving Period:

7 years

Archiving Abroad:

Allowed under conditions

Regulatory overview

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