Implementation of E-invoicing in Malaysia

The Malaysian government will introduce mandatory e-invoicing in 2023.

Reasons behind e-invoicing in Malysia

The move was announced in Budget 2023. To support growth of the digital economy, the government intends to implement e-Invoicing in stages in effort to enhance the efficiency of the country's tax administration management. The implementation of e-Invoicing will improve the quality of services and reduce compliance costs to taxpayers, while increasing the efficiency of business operations, as was announced by the Ministry of Finance.

E-invoicing implementation

E-invoicing will be implemented by the Inland Revenue Board of Malaysia (IRB), partailly with the development of pilot systems and projects with selected taxpayers.

E-invoicing in Malaysia has been voluntary since 2015. Parties deciding on e-invoicing for their relations must sign an agreement. The storage period for e-invoices is seven years.

If you are interested in the development of e-invoicing in the ASEAN region, you can find out more on our dedicated landing pages for Vietnam, the Philippines and Thailand.