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Malaysia to Adopt E-Invoicing to Improve Tax Collection Efficiency and Reduce Fraud Risk

Updated: Jun 5, 2023







Hello, I'm Mr Chin from CCS, and thank you for watching this AI-created video clip.


The Inland Revenue Board of Malaysia plans to introduce e-invoicing in 2024.


This move aims to increase efficiency in tax collection and reduce the risk of tax evasion.


Starting in June 2024, the e-invoicing system will be mandatory for entities with a reporting turnover of RM100 million and above.


From January 2025, it will be mandatory for entities with a reporting turnover of RM50 million and above.


From January 2026, it will be mandatory for entities with a reporting turnover of RM25 million and above.


From 2024 to 2026, other entities reporting turnover below the threshold can choose voluntary implementation during these periods.


Finally, from January 2027, it will be mandatory for all companies to adopt the e-invoicing system.


You must be wondering what e-invoicing is [IRB to Introduce e-Invoicing in 2024].


It is important to note that e-invoicing differs from sending invoices as PDFs via email or other commonly used methods.


E-invoicing, or electronic invoicing, is a digital process that lets the accounting systems of both a supplier and a customer automatically share invoice information.


Simply put, instead of sending invoices by email or other traditional methods, the information is sent through a third-party network, which the government or tax authority may administer.


From the Inland Revenue Board of Malaysia's point of view, this billing method reduces the chance of mistakes and fraud.


But, at this moment, we have to wait for the Inland Revenue Board of Malaysia to officially announce how e-invoicing will be used in their plan to put it into place.


大家好,我是 CCS 的 Mr Chin,感谢大家观看这个由 AI 制作的视频片段。


马来西亚内陆税收局计划在 2024 年推出电子发票(e-invoicing)系统。


这旨在提高征税的效率,同时也减少逃税的风险。


从2024年6月起,电子发票系统将强制落实在年度营业额1亿令吉或以上的实体。


年度营业额在5000万令吉或以上的实体,从2025年1月起强制实施该系统。


对于营业额在2500万令吉或以上的实体,该系统也将从2026年1月起强制实施。


2024年到2026年这段期间,营业额低于门槛的实体是可以选择自愿性实施电子发票系统。


2027年1月起,电子发票系统将在马来西亚全面上路,也就是说到时候所有的公司都需要落实电子发票系统。


你可能想知道什么是电子发票系统。


需要注意的是,所谓的电子发票,不是指我们通过电子邮件或其他常见方法所发送的 PDF 发票。


电子发票是一个数字过程,允许发票信息在供应商和客户的会计系统之间自动共享。


简单地说,与通过电子邮件或其他传统方法发送发票不同,电子发票信息是通过第三方网络发送的,该网络可能由政府或税务机关运营。


从马来西亚内陆税收局的角度来看,这种发票方式大幅度减少了错误和欺诈的机会。


现在,我们拥有电子发票系统的概念;但是具体的操作。我们仍在等待税收局进一步的发布。


因此,请继续关注我们。



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