Mandatory e-invoicing in Malaysia will begin on 1 August 2024. All taxpayers with an annual turnover of MYR 100 million (around $21 million) will be required to use the new Continuous Transaction Control CTC e-invoicing model.…
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Malaysia
Understanding Electronic Invoicing in Malaysia
Malaysia will start enforcing mandatory electronic invoicing regulations in August 2024 for some select businesses based on their annual revenue. By 2027, the plan is for all companies to implement the new system.…