.jpg)
e-Invoice will be implemented in phases to ensure smooth transition... taking into account the turnover or revenue thresholds, to provide taxpayers with sufficient time to prepare and adapt to the e-Invoice implementation.
.jpg)
Malaysia’s e-Invoicing framework, introduced by the Inland Revenue Board of Malaysia (IRBM), is now fully implemented. Businesses undertaking commercial activities in Malaysia are required to comply based on the applicable annual turnover thresholds and regulatory requirements.
The framework applies to both domestic and cross-border transactions, with the MyInvois system fully operational for validation and reporting. As compliance has become part of ongoing business operations, organisations must ensure their systems, integrations, and internal controls remain aligned with IRBM requirements to maintain accuracy, operational efficiency, and regulatory confidence.
-(4).png)
-(3).png)
With a tight timeline for implementation, taxpayers would need to assess the following:
Businesses must issue an e-Invoice in respect of any goods sold or services performed to be transmitted electronically to and validated by the Inland Revenue Board of Malaysia (“IRBM”).
Suppliers are obliged to share the validated e-Invoice with the buyer.
e-Invoices need to be issued by businesses via integration of accounting system to the MyInvois Portal or Application Programming Interface (“API”).
Alternatively, integration may be done through BDO e-Invoice Middleware to facilitate e-Invoicing compliance and enhance security
Key Features:
Direct integration with ERP
Able to accept data in client’s format
Unlimited user access
Able to handle both AR and AP invoices
72-hour cancellation window (including requests for rejection)
Storage of transaction history for up to 7 years
Able to send e-Invoices to customers automatically
Full reporting features
Adapts to evolving IRBM standards and regulatory changes
Dedicated helpdesk
Add-on: Account Payable invoice management
Add-on: Customisable reports
.jpg){kind=icon}
