Malaysia introduces country-wide e-invoicing mandate
On 12 April, the Malaysian government announced plans to introduce mandatory e-invoicing for all businesses in the country. A gradual introduction will commence in June 2024 and end in 2027.The news was announced in a service provider engagement session organized by the Inland Revenue Board of Malaysia (LHDNM) and the Malaysian Digital Economy Corporation (MDEC). “We have been following the developments in Malaysia for some time and are excited to see another nation accelerate in their journey towards digitalising business communication. With the ambition to become the world’s largest