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Navigating Malaysia’s New e-Invoicing Regime: Key Observations and Implementation Phases

  • Malaysian Government implementing phased e-Invoicing regime starting August 1, 2024
  • Implementation based on business turnover thresholds
  • E-Invoicing eliminates need for paper or electronic documents
  • Two e-Invoice transmission mechanisms: MyInvois Portal and API
  • Process of e-Invoicing involves issuance, validation, Unique Identifier Number, and notification

Source: insightplus.bakermckenzie.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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