The Malaysian government has postponed the nationwide rollout of its e-invoicing system, following feedback from businesses—particularly micro, small, and medium enterprises (MSMEs). Deputy Finance Minister Lim Hui Ying confirmed the decision, citing the government’s commitment to supporting businesses during the transition.
Originally scheduled to begin on July 1, 2025 for companies with annual sales of RM500,000 and above, the implementation has now been revised into three additional phases.
Under the updated timeline:
- Taxpayers earning over RM5 million but not more than RM25 million will begin using e-invoicing from July 1, 2025.
- Those with annual income between RM1 million and RM5 million will follow on January 1, 2026.
- Entities earning up to RM1 million will adopt the system on July 1, 2026.
- Taxpayers with annual income below RM500,000 are exempt for now.
The system, developed by the Inland Revenue Board (IRB), aims to digitize and standardize invoicing to improve tax transparency and reduce fraud.
To read and download this content you need to be registered.
Become a member to access all content and / or download it