MALAYSIA

E-INVOICING 

Delve into the compliance standards, unravel the e-invoicing framework and infrastructure.  ​

Note: the Country Profile below is focused on the upcoming eInvoicing and eReporting obligations.

Scope

B2G/B2B/B2C domestic and cross-border transactions

Adoption timeline

1. 1st August 2024: Taxpayers with an annual turnover or revenue higher than RM 100 million
2. 1st January 2025: Taxpayers with an annual turnover or revenue higher than RM 25 and up to RM 100 million
3. 1st July 2025: Taxpayers with annual turnover or revenue exceeding RM 5 million up to RM 25 million
4. 1st January 2026: Taxpayers with annual turnover or revenue exceeding RM 1 million up to RM 5 million
5. 1st July 2026: Taxpayers with annual turnover or revenue up to RM 1 million

Six-month grace period allowing for the submission of consolidated electronic invoices within seven days of the end of the month, without the use of QR codes

Modello

CENTRALIZED PRE-CLEREANCE MODEL

Exchange of e-invoices between trading parties after clearance from the central My Invois portal.

The clearance validation link needs to be included in the form of a QR code and the invoice must be sent to the buyer via email (PDF) or via Peppol Network (UBL)

Format

XML or JSON

Archiving

It is mandatory to store the invoice for 7 years

External references:

• LHDNM – Lembaga Hasil Dalam Negri Malaysia [link]
• MDEC – Malaysia Digital Economy Corporation [link]