The Inland Revenue Board of Malaysia issued a notice on 22 May 2023 regarding the implementation of electronic invoicing (e-invoicing) requirements, which were first announced as part of the 2023 budget. The notice provides that e-invoicing will be implemented starting in 2024 as follows:
- January 2024 - Launch a pilot project for selected companies, with other companies allowed to implement e-invoicing voluntarily;
- June 2024 - Mandatory implementation for businesses that reach a sales thres…