With the increasing digitalisation in Malaysia, various business operations have slowly made the transition from traditional analog processes to modern digital platforms. While some people are embracing this transition with open arms, others may be hesitant about such changes.  

The talk of the town among businesses is the e-invoicing mandate by the Inland Revenue Board of Malaysia (IRBM). An announcement for e-invoicing implementation for businesses regardless of size can be stressful and daunting, especially when you have no idea on where to start.  

Let’s First Understand What e-Invoices Are 

e-Invoices are essentially traditional invoices in digital form. Within the Malaysian context, it comes in a file format set by IRBM which allows for the validation process in the MyInvois Portal. This digitisation aims to enable real-time validation and storage of transactions, which caters to Business-to-Business (B2B), Business-to-Consumer (B2C), and Business-to-Government (B2G) exchanges.  

Invoices being digitised means it can help streamline your business operations, increasing efficiency while having a paperless workflow at the same time.  

What if I don’t want to follow this mandate?  

Unfortunately, e-Invoices being mandated for all businesses leave you no choice but to comply. Not complying with this mandate makes you liable for hefty penalties.  

We understand. The slowly approaching deadline for e-invoicing to be implemented is making you feel stressed and anxious. After all, it’s not just making everything digital. Time is a precious resource, and you would need all of it to prepare, train your staff, and adapt. 

Don’t feel overwhelmed! We’re here to guide you through this transition smoothly and with confidence. 

Enter — our FREE physical e-Invoice sharing session, which is curated to inform you of everything you need to turn this obstacle into a competitive advantage! 

Here are the takeaways from the event: 

• Implementation Timelines 
• Mandatory Adoption 
• Benefits of E-Invoicing 
• E-Invoice Workflow Overview 
• E-Invoice Models 
• Scenarios Requiring E-Invoices 
• Required Fields in E-Invoices 

Click here to register today and kickstart your e-invoicing journey! 

Event Details:

Date: 25 May 2024, Saturday 
Time: 10AM – 12:30PM 
Speaker: Zen Chow, YYC Tax Practice Leader
Location: Menara PGRM Cheras (Level 4, Dewan Wawasan) 
Price: FREE ENTRY 

BONUS: Attendees will receive a special gift from YYC – “e-Invoicing Assessment Checklist” (Limited to 300 only!)

This sharing session will help you gain a deeper understanding of e-Invoices and how they affect your business models, allowing you to operate your businesses in 2024 with unwavering confidence!   

Seats are limited to only 800 on a first-come, first-served basis! Register now while you can!