Description

The Lembaga Hasil Dalam Negeri (LHDN) Malaysia has made Malaysia e-Invoice mandatory to be implemented by all businesses. Even the pak cik selling nasi lemak at the roadside needs to implement e-Invoice in certain circumstances. Businesses have no time to wait as not only need to upgrade the IT infrastructure, businesses may required to change certain SOPs in various departments such as the sales department, finance department or even HR department. Furthermore, through e-Invoice, LHDN is eying on individual taxpayers for non-compliance such as claims on personal relief.

With Malaysia Digital Economy Corporation (MDEC) involvement, e-Invoice implementation will strengthen the digital services infrastructure and digitalise the tax administration in the country. It also expedites the Malaysia business digital transformation.