Following the Inland Revenue Board of Malaysia’s (“IRBM”) announcement on 22 May 2023 on the implementation of e-invoicing in 2024, the IRBM has issued the e-Invoice Guideline Year 2023 (“Guideline”) on their website at https://www.hasil.gov.my/en/e-invoice/.
BDO in Malaysia is pleased to provide an overview of the Guideline and outline the matters that businesses need to take note of for the implementation of e-invoicing in Malaysia.