Malaysia: Guideline for implementation of e-invoicing
Introduction of implementation of e-invoicing in phases from 1 June 2024 to 1 January 2027 for targeted taxpayers
Guideline for implementation of e-invoicing
As announced during the re-tabling of the Malaysia Budget 2023, the Inland Revenue Board (IRB) introduced the implementation of e-invoicing in phases from 1 June 2024 to 1 January 2027 for targeted taxpayers.
The IRB issued an e-invoicing guideline [PDF 1.6 MB] to provide direction on the implementation of e-invoicing and to address the common questions surrounding it.
KPMG observation
Taxpayers are urged to be mindful of the implementation timeline and look into the specific needs and business requirements when e-invoicing transmission mechanisms are concerned.
Read a July 2023 report [PDF 580 KB] prepared by the KPMG member firm in Malaysia
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