On 1 August 2024, LHDN would implement e-Invoicing to businesses (taxpayers) which have as much as >RM 100 million in revenue.

Soon, its implementation would include businesses that generate RM 25-100 million in revenues per annum. Finally, it would be all businesses (taxpayers), including sole proprietors. This would be effective starting on 1 July 2025.

So, as business owners, how do we prepare for it?

Here,Richard Oon, National Tax Director of ShineWing TY Teoh discusses the following on e-Invoicing:

– The e-invoice system in Malaysia
– Understand how does it really work
– How does it affect you?
– Some rules relating to e-invoicing in Malaysia
– Getting your business ready for e-invoice implementation

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KCLau
KCLau

Financial educator, author and trainer

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