SMEhub | E-invoiceing in Malaysia & MyInvois Portal

To facilitate transition to e-Invoice, taxpayers can select the most suitable mechanism to transmit e-Invoices to IRBM, based on their business requirements and specific situation.

There are two(2)options for the e-Invoice transmission mechanisms for taxpayers selection:

MyInvois Portal

A portal hosted by IRBM

Accessible to all taxpayers at no cost

Also accessible to taxpayers who need to issue e-Invoice where Application Programming Interface (API) connection is unavailable

Application Programming Interface (API)

- An API is a set of programming code that enables direct data transmission between the taxpayers’ system and MyInvois system

- Requires upfront investment in technology and adjustments to taxpayers existing systems

- Ideal for large taxpayers or businesses with substantial transaction volumes

The figure below demonstrates an overview of the e-Invoice workflow from the point a sale is made or transaction is undertaken, and an e-Invoice is issued by the supplier via MyInvois Portal or API, up to the point of storing validated e-Invoices on IRBM’s database for taxpayers to view their respective historical e-Invoices.

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MyInvois e-POS

MyInvois e-POS System is a digital Point-of-Sale (POS) platform specifically provided by HASiL and is available free of charge to

micro and small enterprises to enhance business operational efficiency and meet the requirements for e-Invoice implementation.

In addition to features for sales management, accounting, inventory management and financial reporting, the MyInvois e-POS

System also allows sellers to generate e-Invoices directly during transactions with buyers or buyers may request e-Invoice from the

seller after the transaction is completed. With its wide range of features, the MyInvois e-POS System serves as a complementary

tool in supporting the business ecosystem and strengthening the implementation of e-Invoices in Malaysia.

74. Are MSMEs in Malaysia required to issue e-Invoice
All persons conducting a business are required to implement e-Invoice in accordance with their respective implementation timeline as outlined under section 1.5 of the e-Invoice Guideline.

75. Can large enterprises compel MSMEs to issue e-Invoice prior to the MSMEs’ mandatory implementation timeline (i.e., 1 July 2025 onwards)?
For clarity, the compliance obligation is from the issuance of e-Invoice perspective. In other words, taxpayers who are within the annual turnover or revenue threshold specified in section 1.5 of the e-Invoice Guideline are required to issue and submit e-Invoice for IRBM’s validation according to the stipulated implementation timeline. Taxpayers who have yet to reach the mandatory implementation timeline are allowed to continue issuing existing documentation to record transactions. Hence, taxpayers who have already implemented e-Invoice cannot compel other taxpayers who have not reached their respective mandatory implementation timeline to issue an e-Invoice.

75. Can large enterprises compel MSMEs to issue e-Invoice prior to the MSMEs’ mandatory implementation timeline (i.e., 1 July 2025 onwards)?

For clarity, the compliance obligation is from the issuance of e-Invoice perspective. In other words, taxpayers who are within the annual turnover or revenue threshold specified in section 1.5 of the e-Invoice Guideline are required to issue and submit e-Invoice for IRBM’s validation according to the stipulated implementation timeline.

Taxpayers who have yet to reach the mandatory implementation timeline are allowed to continue issuing existing documentation to record transactions. Hence, taxpayers who have already implemented e-Invoice cannot compel other taxpayers who have not reached their respective mandatory implementation timeline to issue an e-Invoice.

76. Are MSMEs allowed to issue consolidated e-Invoice on a monthly basis to record all transactions within the month?
Yes, MSMEs are allowed to issue consolidated e-Invoice to record all transactions conducted in the previous month, except for activities / transactions stipulated under section 3.7 of the e-Invoice Specific Guideline.

77. How can MSMEs issue consolidated e-Invoice if they currently do not issue receipts for their transactions?
MSMEs with annual gross takings exceeding RM150,000 for goods sold or for services performed are required to issue serially numbered receipts for all transactions as per section 82(1)(b) of the Income Tax Act 1967. These MSMEs are then required to include the receipt reference number in the consolidated e-Invoice issued for IRBM’s validation. MSMEs below the abovementioned threshold are not required to issue receipts and are not required to issue consolidated e-Invoice to IRBM.

77. How can MSMEs issue consolidated e-Invoice if they currently do not issue receipts for their transactions?

MSMEs with annual gross takings exceeding RM150,000 for goods sold or for services performed are required to issue serially numbered receipts for all transactions as per section 82(1)(b) of the Income Tax Act 1967. These MSMEs are then required to include the receipt reference number in the consolidated e-Invoice issued for IRBM’s validation.
MSMEs below the abovementioned threshold are not required to issue receipts and are not required to issue consolidated e-Invoice to IRBM.

78. What support is available for MSMEs which do not have budget for new digital system to implement e-Invoice?
IRBM will provide support to MSMEs in complying with the e-Invoicing requirements via the MyInvois Portal and MyInvois Mobile App which will be made available to the public for free.

79. Can MSMEs issue e-Invoice before their respective implementation timeline?
If MSMEs are ready to implement e-Invoice in advance of their implementation timeline, they are welcome to implement earlier than the set timeline.

List of Media Release 2024
YB Puan Lim Hui Ying menzahirkan ucapan tahniah kepada HASiL atas pelancaran MyInvois yang jelas membuktikan komitmen HASiL bagi memastikan pelaksanaan eInvois berjalan dengan lancar terutamanya dalam kalangan pembayar cukai Fasa Pertama. Tambah beliau, Kementerian Kewangan Malaysia telah mengumumkan bahawa Perusahaan Mikro, Kecil dan Sederhana (PMKS) dengan pendapatan atau jualan tahunan di bawah RM150,000 dikecualikan daripada pelaksanaan e-Invois, namun begitu PMKS digalakkan melaksanakan e-Invois secara sukarela. YB Puan Lim Hui Ying 祝贺 HASiL 推出 MyInvois，这清楚地证明了 HASiL 致力于确保电子发票的顺利实施，尤其是在第一阶段的纳税人中。他补充说，马来西亚财政部已宣布，年收入或销售额低于 150,000 令吉的中小微企业（MSME）可免于实施电子发票，但是，鼓励中小微企业自愿实施电子发票。

List of Media Release 2024

YB Puan Lim Hui Ying menzahirkan ucapan tahniah kepada HASiL atas pelancaran MyInvois yang jelas membuktikan komitmen HASiL bagi memastikan pelaksanaan eInvois berjalan dengan lancar terutamanya dalam kalangan pembayar cukai Fasa Pertama. Tambah beliau, Kementerian Kewangan Malaysia telah mengumumkan bahawa Perusahaan Mikro, Kecil dan Sederhana (PMKS) dengan pendapatan atau jualan tahunan di bawah RM150,000 dikecualikan daripada pelaksanaan e-Invois, namun begitu PMKS digalakkan melaksanakan e-Invois secara sukarela.

YB Puan Lim Hui Ying 祝贺 HASiL 推出 MyInvois，这清楚地证明了 HASiL 致力于确保电子发票的顺利实施，尤其是在第一阶段的纳税人中。他补充说，马来西亚财政部已宣布，年收入或销售额低于 150,000 令吉的中小微企业（MSME）可免于实施电子发票，但是，鼓励中小微企业自愿实施电子发票。

E-invoiceing & MyInvois Portal

Introduction

The e-Invoice will enable near real-time validation and storage of transactions, catering to Business-to-Business (B2B), Business-to-Consumer (B2C) and Business-to-Government (B2G) transactions.

About e-Invoice

An e-Invoice is a digital representation of a transaction between a supplier and a buyer. e-Invoice replaces paper or electronic documents such as invoices, credit notes, and debit notes.

An e-Invoice contains the same essential information as traditional document, for example, supplier’s and buyer’s details, item description, quantity, price excluding tax, tax, and total amount, which records transaction data for daily business operations.

Benefits

The implementation of e-Invoice not only provides seamless experience to taxpayers, but it also improves business efficiency and increases tax compliance. Overall benefits include:

Reduce Manual efforts and human errors

Facilitate Efficient Tax Filing

Streamline Operational efficiency

Digitalise tax and financial reporting

E-Invoice Model

To facilitate transition to e-Invoice, taxpayers can select the most suitable mechanism to transmit e-Invoices to IRBM, based on their business requirements and specific situation.

There are two(2)options for the e-Invoice transmission mechanisms for taxpayers selection:

MyInvois Portal

Application Programming Interface (API)

MyInvois e-POS

SOFTWARE

Choose a Software plan that works for you

MyInvois Portal

Rm0

per month

BUKKU

A Cloud Accounting Software for Malaysia, Finally.

Bukku automates your tedious accounting & invoicing tasks in a few clicks. It also gives you better insights on how your business is doing in real-time, anytime, anywhere with any devices.

Rm35

per month

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