LHDNM (Lembaga Hasil Dalam Negri Malaysia) or IRB (Inland Revenue Board)
e-Invoicing in Malaysia
Get ready for e-Invoicing in Malaysia as of August 2024. Electronic invoicing will first impact taxpayers with an annual turnover of MYR 100 million or more.
Characteristics of the electronic invoice in Malaysia
The Inland Revenue Board of Malaysia has announced the creation of a platform where all electronic invoices must be sent for validation and registration. Once validated, the supplier will receive a Unique Identifier Number from IRBM, that will allow traceability.
e-Invoice covers typical transaction types such as B2B, B2C, and B2G.
The planned implementation schedule for the adoption of the national electronic invoicing system in Malaysia is as follows:
- 01/08/2024: Electronic invoicing for taxpayers with an annual turnover of MYR 100 million or more.
- 01/01/2025: Mandatory electronic invoicing for taxpayers with an annual turnover of more than 25 million MYR and up to 100 million MYR.
- 01/07/2025: Mandatory electronic invoicing for all other taxpayers.
XML or JSON.
Upcoming Deadlines in Malaysia
Stay ahead of the key dates on entry into force of tax and e-invoicing obligations around the world.