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Malaysia Introduces New e-Invoicing System to Boost Digital Economic Growth

  • The Inland Revenue Board of Malaysia (IRBM) has made advancements in Malaysia’s e-Invoicing system.
  • The IRBM has launched the e-Invoice Software Development Kit (SDK) Beta Version.
  • The new e-Invoice Guideline (Version 2.0) has been issued, with an updated phased implementation timeline.
  • Businesses can choose between the MyInvois Portal or an API for e-Invoice transmission.
  • The IRBM has extended deadlines to allow businesses ample time to adapt and integrate e-Invoicing.
  • This is a significant step towards modernizing business practices and enhancing efficiency.

Source: rtcsuite.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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