Malaysia E-Invoice - Electronic Invoice
What Is an E-Invoice?
- An E-Invoice is a system where every invoice must be validated through the LHDN (Inland Revenue Board of Malaysia) system
- Only after receiving LHDN approval and a QR code can the invoice be issued to customers
Verification Mechanism
- Each invoice contains a QR code
- Customers can scan the QR code
- To verify the authenticity of the invoice directly
Implementation Timeline (Phased Rollout)
- Companies with annual revenue above RM100 million
- Must implement E-Invoice starting 1 August 2024
- Companies with annual revenue between RM25 million and RM100 million
- Must implement E-Invoice starting 1 January 2025
- Full nationwide implementation for all companies
- Effective 1 July 2025
Importance of E-Invoice
- All invoices must be validated through the LHDN system
- Ensures transparency and traceability of transactions
- Improves tax compliance and reduces fraud risk
Company Preparation Advice
- Prepare E-Invoice systems in advance
- Familiarise with LHDN platform procedures early
- Avoid operational disruption during implementation
Summary
- E-Invoice is part of Malaysia’s digital tax transformation