Partner solutions
- QNE Software (estimated availability Q3 2024)
Disclaimer: Please note that this is for information purposes only. It does not constitute a legally binding document so you should also consult your local requirements.
Malaysia announced it would implement mandatory e-invoicing starting on January 1, 2024.
The proposal envisions a CTC model, requiring sales invoices and receipts to be first sent to the tax authorities in real-time for verification (clearance) before being delivered to the customer/buyer. The verification is done by submitting a structured XML invoice file to the LHDN platform via API. Once cleared, the XML invoice will only be returned to the supplier. Then, it may be exchanged with the intended trading party, which can be done in any format or method. The LHDN platform will notify the buyer via push notification or email for access to invoices that have been cleared. PDF and other paper invoices can be exchanged with the buyer but a QR code with embedded URL linking the document to the LHDN platform is required to be displayed.
All domestic (B2B, B2C, B2G) and cross-border transactions will be in scope.
The LHDN confirmed that all Malaysian tax-registered businesses producing sales invoices (including cross-border transactions) and receipts will be in the scope of the mandate once it is fully implemented in 2027. It is not yet clear if this obligation includes foreign resident businesses.
Disclaimer: Please note that this is for information purposes only. It does not constitute a legally binding document so you should also consult your local requirements.