An e-Invoice is a digital alternative to traditional invoices, containing all transaction details between a supplier and a buyer.

Adopting e-Invoice streamlines invoicing processes, simplifies tax filing, enhances business efficiency, and boosts tax compliance.

All businesses engaged in commercial activities in Malaysia, including associations, corporations, and partnerships, must comply.

Types include invoices, credit notes, debit notes, and refund notes.

Implementation begins with businesses having an annual turnover exceeding RM100 million from 1 August 2024.

For taxpayers with audited financial statements, it's based on the annual turnover or revenue stated in the statement of comprehensive income for the financial year 2022. For those without audited statements, it's based on the annual revenue reported in the tax return for the year of assessment 2022.

Yes, exemptions apply to certain individuals and entities such as rulers, government bodies, and individuals not conducting business.

Yes, entities owned by exempted persons are still required to implement e-Invoice according to the implementation timeline.

The e-Invoice implementation date for new businesses or operations starting from 2023 is 1 July 2025.

Yes, taxpayers can opt to participate voluntarily in the implementation of e-Invoice earlier, regardless of their annual turnover or revenue.