Malaysia's E-Invoicing Mandate

Malaysia mandates E-Invoicing starting August 2024: It’s time to go fully digital!

As technology and automation advance, businesses worldwide are moving to electronic invoicing (or E-Invoicing) at a growing rate. The Inland Revenue Board of Malaysia (IRBM) is mandating E-Invoicing in a phase-by-phase approach, starting from businesses with an annual turnover over RM 100 million as Phase 1. This initiative is part of a bigger project towards digital transformation of the Malaysian economy.

E-Invoicing explained

An E-Invoice is a digital document that represents a transaction between a supplier and a buyer. It is a standardised format that replaces all other invoice formats, such as paper, scanned and PDF invoices.

E-Invoices can be used for all types of transactions, including:

  • Business-to-Business (B2B),
  • Business-to-Government (B2G),
  • and eventually Business-to-Consumer (B2C).

E-Invoicing implementation timeline in Malaysia

  • August 1, 2024 : Mandatory for business taxpayers with annual turnover of MYR 100 million or more.
  • January 1, 2025: Mandatory for business taxpayers with annual turnover of more than MYR 25 million.
  • July 1, 2025: Mandatory for all other taxpayers.

What’s next?

The E-Invoicing mandate is designed to benefit businesses in several ways, helping them to digitise their operations and improve tax compliance. Research shows that businesses can save up to 65% on invoicing costs and reduce processing time by 12 days by adopting an E-Invoicing system.

“Principally, when it is fully implemented, the E-Invoicing initiative will reduce the burden of record keeping by taxpayers. (By then) A lot of (their) information would be with the IRB, already. E-Invoicing will change everything.” – IRB Chief Executive Officer, Datuk Dr Mohd Nizom Sairi.

At LinkFor, we aim to help Malaysian businesses adapt to and comply with the E-Invoicing mandate requirements. We provide customised solutions that align with enterprise invoicing needs, regardless of the industry type or current internal workflows. For more, visit

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