(Kuala Lumpur, 20th) – Deputy Finance Minister Datuk Seri Amir Hamzah has announced that the implementation of e-invoicing for small and medium enterprises (SMEs) with an annual revenue between RM150,000 and RM500,000 will be postponed by six months to January 1, 2026.
Speaking during the oral question-and-answer session in the Dewan Rakyat, he responded to a query by Bagan MP Lim Guan Eng, explaining that the decision was made to ensure that the over 240,000 SMEs affected have sufficient preparation time.
Additional Six-Month Transition Period
"The additional six-month transition period will allow these SMEs ample time to get ready for the e-invoicing system," he stated.
Despite the extension, the government continues to encourage SMEs to adopt e-invoicing as part of the push for business digitalization.
"The e-invoicing system helps businesses systematically record sales, purchases, and document storage, ultimately enhancing operational efficiency."
Gradual Implementation of E-Invoicing
Malaysia’s e-invoicing system was first introduced on August 1, 2023, for companies with an annual revenue exceeding RM100 million. On January 1, 2024, it was extended to companies with a revenue between RM25 million and RM100 million.
As of now, 25,173 companies have adopted the e-invoicing system, collectively generating 181.3 million electronic invoices.
For more updates on the e-invoicing implementation, visit this link.
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