Malaysia Updates E-Invoice Guidelines with New Exemptions and Rules

Malaysia’s Inland Revenue Board has released updated e-invoicing guidelines, refining regulations on self-billed transactions and introducing new exemptions. The revisions, published on January 28, 2025, affect both the e-Invoice Guideline (Version 4.1) and the Specific Guideline (Version 4.0).
Key updates include a list of international organizations exempt from issuing e-invoices and new conditions under which self-billed transactions can be consolidated. Additionally, buyers must now issue self-billed e-invoices for specific financial transactions, such as capital reductions and share redemptions.
The guidelines also clarify exemptions for interest payments, particularly for financial institutions, employee-employer transactions, and certain treasury services. Businesses impacted by these changes must align with the new regulations, with some provisions set for implementation by July 1, 2025.
There’s more you should know about e-invoicing in Malaysia – learn more about the new and upcoming regulations.