With the enactment of Republic Act (RA) 11976 otherwise known as the Ease of Paying Taxes Act (EOPT Law), amendments to registration procedures and invoicing requirements are now being implemented – ...

As of 1 January 2025, e-invoicing became mandatory in Poland, Germany, Belgium and France, with Forbes reporting the European Union is undergoing a major shift in how it approaches tax compliance, ...

MALAYSIA'S business sector is entering a transformative era with the implementation of mandatory e-invoicing approaches. The second wave, commencing Jan 1, targets businesses with an annual turnover ...

E-invoicing: What’s the big deal? Seen as one of the most significant advances in the way companies handle transactions, e-invoicing is a global trend. By Justin Ashworth, Solutions executive ...

The government has decided to exempt businesses with annual revenue under RM1 million from e-invoicing, which comes into effect on Jan 1. Prime Minister Anwar Ibrahim said this was decided by the ...

MICRO, small, and medium-sized enterprises (MSMEs) represent a remarkable 96.9% of all businesses in Malaysia as of 2023. Micro-sized businesses make up a significant 69.7% of the 1,101,725 MSMEs, ...

In recent months, we have observed a widespread international trend where countries are deferring the implementation of mandatory e-invoicing. Several mandates, initially scheduled for rollout either ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. In an age where the spotlight on sustainability and environmental responsibility intensifies ...

In Malaysia, both traditional and e-Invoicing serve the function of helping businesses manage financial records to ensure compliance with the Inland Revenue Board of Malaysia (IRBM)’s tax laws.

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