- On February 26, 2024, the Malaysian government announced the billing specifications compliant with the PINT methodology for e-invoicing in Malaysia.
- The specifications include PINT BIS Malaysia Billing Process 1.0 for invoices and credit notes, as well as PINT BIS Malaysia Self-Billing Process 1.0 for self-billing invoices and credit notes.
- These specifications align with the PEPPOL Business Interoperability Specifications methodology and the requirements of the Inland Revenue Board of Malaysia (IRBM).
- The purpose of implementing these specifications is to facilitate seamless e-invoicing exchanges through the PEPPOL network in Malaysia.
- Additionally, criteria and processes for accreditation of PEPPOL Service Providers (PSP) were released, providing an overview of the PSP accreditation process for those interested in offering PEPPOL Access Point services in Malaysia.
- The accreditation is valid for 12 months, and service providers should monitor the expiration date and initiate the renewal process with MDEC three months before expiration.
Source TJC Group
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