Regulatory updates - Malaysia
Get the latest news and updates on e-invoicing, e-ordering, e-archiving and indirect tax regulatory requirements.
Malaysia’s e-invoicing mandate second phase begins January 2025
Following Malaysia’s first phase of the e-invoicing mandate in August 2024, the Inland Revenue Board of Malaysia (IRBM) is rolling out the second phase to expand mandatory electronic invoicing requirements to targeted businesses.
IRBM published the latest updates of e-invoice guidelines
By announcing the latest versions of the e-invoice Guideline and the e-invoice Specific Guideline, the Malaysian Inland Revenue Board updated the scope of taxpayers exempted from the e-invoicing mandate.
Latest updates of e-invoice guidelines and clarifications to the grace period conditions
The Malaysian Inland Revenue Board updated the e-invoicing guidelines to help taxpayers prepare for the upcoming countrywide e-invoicing mandate. The guidelines indicate further clarifications regarding the 6-month grace (“relaxation”) period.
6-month grace period within mandatory e-invoicing requirements in Malaysia
The Malaysian Inland Revenue Board has announced a 6-month grace period starting 1 August 2024. The grace period considers the allowance to issue consolidated e-invoices for all transactions and the exemption from the applicable penalties.
Latest updates of e-invoice guidelines and SDK for MyInvois System (API)
The Malaysian Inland Revenue Board announced the update to the Software Development Kit version 1.0 and the e-invoicing guidelines to help taxpayers prepare for the upcoming countrywide e-invoicing mandate.
Updates of e-invoice guidelines and Software Development Kit for MyInvois System (API)
The Malaysian Inland Revenue Board announced the release of the Software Development Kit version 1.0 and the updates to the e-invoicing guidelines to help taxpayers prepare for the upcoming countrywide e-invoicing mandate.
Release of PINT BIS Malaysia e-invoicing specifications
Peppol announced Malaysian billing specifications compliant with the PINT methodology incorporating invoice and credit note, as well as self-billing invoice and credit note transactions.
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.
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.
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.
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
Contact us
Fulfil the Malaysian e-invoicing mandate with Pagero
Find out more about how Pagero's solutions help you comply with the e-invoicing regulations announced by the Malaysian government authority, MDEC.