Malaysia will be the latest country to mandate electronic invoicing for Sales and Services Taxes, beginning in August 2024 and ending in July 2025.
Are you ready for it?
Malaysia’s Inland Revenue Board (IRB) has provided guidance notes regarding the debut of its B2B e-invoicing via a new MyInvois Portal or API interface, as well as B2C e-Receipt regimes, which are scheduled to begin on August 1, 2024.
Although the first stage of implementation begins in August 2024 and is necessary for businesses with a sales threshold of RM100 million per year, the IRB encourages organizations to volunteer for the trial project.
Starting in July 2025, e-invoicing will be mandatory for all taxpayers, regardless of sales threshold. We should prepare ourselves by learning about and preparing for Malaysian e-invoicing, as well as identifying its impacts and operations.
Who Should Attend for this 1-day training?
The course is designed for people directly or indirectly to the process of Sales Invoicing,Purchasing and Expenses or Operation Management. The list should Include but not restricted to senior positions like CFOs, Finance Team, Directors, Executives, Managers, Tax Practitioners and Business Advisors and Auditors