On Jan. 18, 2025, MLY Tax discussed progress of the implementation of phase two.
MLY Tax said more than 7k phase two taxpayers have used the e-Invoicing system, while phase three also recorded voluntary early participation from 4.9k taxpayers.
It reminded full implementation will begin Jul. 1, 2025, involving all taxpayers, micro, small and medium enterprises (MSMEs) who are encouraged to implement voluntarily.
MLY GVT offers tax incentives for businesses that incur expenses using e-Invoicing.
In addition, it advised taxpayers to contact the special e-Invoice channel provided by MLY Tax to obtain advisory assistance regarding the implementation of e-Invoicing.
In Feb. 2025, MLY ESD required companies to update data in ESD online, #199462.
MLY Tax stated that it will cooperate with media and industry players to strengthen the implementation of tax e-invoices to align with the goals of Malaysia's 2023 budget.
Phased Implementation
Implementation of the e-invoice initiative will be held in stages from the end of 2023.
Commencing Jan. 2024, MLY Tax will launch a pilot program for selected companies.
From Jun. 2024 to Jan. 2026, there will be a mandatory implementation of e-invoices for firms based on annual sales threshold ranging from MYR 100mn to MYR 25mn.
The implementation of e-invoicing aims to create more transparency in transactions.
Jul. 2023 General Guidelines Launch
On Jul. 21, 2023, MLY Tax announced that e-invoice general guidelines are available on MLY Tax's official portal, and it has been updated for the 2023 tax implementation.
It covers topics including e-invoicing implementation timeline; the process of issuing and submitting e-invoices to HASiL and the taxpayers' readiness assessment guide.
Sep. 2023 Feedback Invitation
On Sep. 7, 2023, MLY FIM shared summary re scope of e-invoicing implementation.
Unit trust and private retirement scheme industry are included in the implementation which will have a significant impact on operations, compliance, reporting procedures.
MLY FIM invited feedback via online form by Sep. 14, 2023.
Document dated Sep. 7, 2023, received from MLY Tax Sep. 8, summarized Sep. 11.
In Sep. 2023, MLY Tax issued general, special guidelines for e-invoices, see #186740.
In May 2024, MLY Tax clarified e-invoicing matters following viral post, see #213156.
May 2024 API Opened
On May 24, 2024, MLY Tax announced that the production environment of the MyInvois system through the application programming interface (API) has been opened.
The API is opened to enable pilot companies to issues e-invoices using business data.
It is progress towards the mandatory implementation of e-invoices from Aug. 1, 2024.
Jun. 2024 E-Invoice Via MyInvois Portal
On Jun. 29, 2024, MLY Tax said MyInvois Portal is open for issuing/sending e-invoices.
Taxpayers can submit e-invoices through API integration or MyInvois Portal; the portal has two major functions including profile management and document management.
To encourage the use of the portal, MLY Tax is providing a testing environment which allows taxpayers to test the portal's functions, a production environment which enables taxpayers to submit e-invoices with real information to be recorded in the database.
MLY Tax posted e-invoicing general guidelines (version 3.0), e-invoicing specific guidelines (version 2.2) on its website, updated software development kit version 1.0.
Document dated Jun. 29, 2024, received from MLY Tax Jul. 1, summarized on Jul. 4.
Jul. 26, 2024 Flexibility for Consolidated E-Invoices
On Jul. 26, 2024, MLY Tax decided to grant flexibility to taxpayers within a consolidated period of six months for all transactions, to ensure smooth e-invoice implementation.
Will allow all activities/industries to issue consolidated e-invoices including self-billing e-invoices, transaction description to be entered in product/service description field.
Where there is an e-invoice application from buyers, sellers will be allowed to issue a consolidated e-invoice, instead of issuing an e-invoice for each transaction.
Within the six-month grace period, MLY Tax will not take prosecution action under section 120 of the Income tax act 1967 against non-compliance with e-invoicing rules, provided that taxpayers comply with the consolidated e-invoicing requirements.
For taxpayers who successfully implement e-invoicing as scheduled, a reduction of the capital allowance claim period to 2 years from 3 years will be granted for purchase of ICT equipment and computer software packages effective from 2024 until 2025.
Jul. 31, 2024 Launch of MyInvois
On Jul. 31, 2024, MLY Tax reminded that MyInvois will be launched on Aug. 1, 2024.
e-Invois will be implemented in stages starting on Aug. 1, for firms with annual income or sales exceeding MYR 100mn; second phase on Jan. 1, 2025, for firms with annual income or sales between MYR 25mn and MYR 100mn; all taxpayers from Jul. 1, 2025.
Aug. 2024 MyInvois Reminder
On Aug. 1, 2024, MLY Tax issued reminder re mandatory implementation of e-invoicing from Aug. 1, 2024 for companies with annual income or sales exceeding MYR 100mn.
Oct. 2024 MyInvois Mobile Application
On Oct. 23, 2024, MLY Tax launched the MyInvois mobile application for e-invoicing.
Follows the Jun. 2024 implementation of MyInvois Portal for taxpayers' e-invoicing.
Free mobile app available on App Store, Google Play, and AppGallery; the app provides profile management for users, taxpayers, representatives, and intermediaries.
Includes document submission, review, rejection, cancellation, printing capabilities.
Portal has been enhanced with better document search capabilities, a customizable e-invoice visual format display, and new notification settings for document changes.
Dec. 2024, Implementation of Phase Two
On Dec. 19, 2024, MLY Tax said phase two of e-Invoicing system begins on Jan. 1, 2025; so far, 35% of voluntary adopters are phase two and phase three taxpayers.
SMEs are asked to align accounting systems with e-Invoicing requirements, prepare compliant digital infrastructure, conduct system tests, and provide technical support.
Jan. 2025 Implementation Progress and Reminder
On Jan. 18, 2025, MLY Tax discussed progress of the implementation of phase two.
MLY Tax said more than 7k phase two taxpayers have used the e-Invoicing system, while phase three also recorded voluntary early participation from 4.9k taxpayers.
It reminded full implementation will begin Jul. 1, 2025, involving all taxpayers, micro, small and medium enterprises (MSMEs) who are encouraged to implement voluntarily.
MLY GVT offers tax incentives for businesses that incur expenses using e-Invoicing.
In addition, it advised taxpayers to contact the special e-Invoice channel provided by MLY Tax to obtain advisory assistance regarding the implementation of e-Invoicing.
In Feb. 2025, MLY ESD required companies to update data in ESD online, #199462.
