E-Invoicing in Malaysia: Are You Ready?
The Malaysian government is rolling out mandatory e-invoicing as part of its digital tax transformation initiative. This move aims to improve tax compliance, reduce fraud, and streamline business transactions. Businesses will need to transition to an electronic invoicing system for real-time submission and validation with the tax authorities.
E-Invoicing Implementation Timeline
The implementation of e-invoicing in Malaysia will be phased based on annual turnover:
Phase 1: 1 August 2024 – Taxpayers with an annual turnover or revenue of more than RM100 million
Phase 2: 1 January 2025 – Taxpayers with an annual turnover or revenue of more than RM25 million and up to RM100 million
Phase 3: 1 July 2025 – Taxpayers with an annual turnover or revenue of more than RM500,000 and up to RM25 million
Phase 4: 1 January 2026 – Taxpayers with an annual turnover or revenue of up to RM500,000
How We Can Help
At EMS Group of Companies, we ensure your business is fully prepared for e-invoicing compliance with our specialized support services:
Comprehensive Training & Guidance – We provide detailed sessions explaining the e-invoicing process, legal requirements, and compliance obligations.
Customized Solutions – Our experts develop tailored strategies to integrate e-invoicing into your existing workflows, minimizing additional workload.
End-to-End Implementation – From system setup to seamless integration with the Malaysian tax authority’s platform, we provide full-scale implementation support.
Ongoing Compliance & Validation Support – Our monthly assistance service helps verify and validate invoices, ensuring compliance with e-invoicing regulations.
With our decades of experience in tax, accounting, and corporate services, EMS Group of Companies simplifies the transition to e-invoicing, so you can focus on growing your business.
Contact us today to ensure a smooth and hassle-free adoption of e-invoicing!