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E-Invoice

Introduction

To support the growth of the digital economy, the Government intends to implement e-Invoice in stages in an effort to enhance the efficiency of Malaysia’s tax administration management. This is in line with the Twelfth Malaysia Plan, where one of the key focus is on strengthening the digital services infrastructure and digitalising the tax administration.

The e-Invoice will enable near real-time validation and storage of transactions, catering to Business-to-Business (B2B), Business-to-Consumer (B2C) and Business-to-Government (B2G) transactions.

Overview 

To facilitate transition to e-Invoice, taxpayers can select the most suitable mechanism to transmit e-Invoices to IRBM, based on their business requirements and specific situation.

There are two (2) options for the e-Invoice transmission mechanisms for taxpayers selection:

a. MyInvois Portal

  • A portal hosted by IRBM
  • Accessible to all taxpayers at no cost
  • Also accessible to taxpayers who need to issue e-Invoice where Application Programming Interface (API) connection is unavailable

b. Application Programming Interface (API)

  • An API is a set of programming code that enables direct data transmission between the taxpayers’ system and MyInvois system
  • Requires upfront investment in technology and adjustments to taxpayers existing systems
  • Ideal for large taxpayers or businesses with substantial transaction volumes

The figure below demonstrates an overview of the e-Invoice workflow from the point a sale is made or transaction is undertaken, and an e-Invoice is issued by the supplier via MyInvois Portal or API, up to the point of storing validated e-Invoices on IRBM’s database for taxpayers to view their respective historical e-Invoices.

1. Issuance of e-Invoice                                        
2. Validation of e-Invoice                                      
3. Notification of validated e-Invoice                                      
4. Sharing of e-Invoice                                     
5. Rejection or cancellation of e-Invoice                                       
6. MyInvois Portal

e-Invoice Implementation Timeline

Targeted Taxpayers Implementation Date
Taxpayers with an annual turnover or revenue of more than RM100 million 1-Aug-24
Taxpayers with an annual turnover or revenue of more than RM25 million and up to RM100 million 1-Jan-25
All taxpayers 1-Jul-25

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