In line with the Twelfth Malaysia Plan, the implementation of e-Invoicing in Malaysia will set the stage in support of the growth towards the digital economy strengthening the digital services infrastructure and digitalizing the tax administration.

The e-Invoice will impact Business-to-Business (B2B), Business-to-Consumer (B2C) and Business-to-Government (B2G) transactions.

e-Invoicing implementation timeline

• Mandatory enforcement of e-Invoice for taxpayers with annual turnover or revenue exceeding RM100 million by 1 August 2024

• Taxpayers with annual turnover or revenue between RM25 million and up to RM100 million to implement e-Invoice by 1 January 2025, while other income categories is to enforce e-Invoice by 1 July 2025