- SMEs are facing challenges with the shift towards mandatory e-invoicing
- Challenges include limited resources, digital literacy, and compliance issues
- Concerns raised about short implementation period and lack of comprehensive guidelines
- Request for deferment from certain industries to properly evaluate implementation systems
- LHDN working to address concerns and providing free software to help businesses transition
- All businesses in Malaysia required to switch to mandatory e-invoicing by July next year
Source: thestar.com.my
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.
