MALAYSIA-LHDN-MYINVOIS-V2

Malaysia LHDN MyInvois rollout August 2024+.

Definition

Malaysia MyInvois e-invoicing framework: UBL 2.1 Malaysia-customised XML/JSON format, LHDN digital certificate signature, real-time validation via IRBM MyInvois portal, IRN (Invoice Reference Number) returned + mandatory QR code. Documents: Invoice (B2B), Self-Billed Invoice, Refund Note, Debit Note, Credit Note. Modalities: MyInvois Portal (free, small businesses), API ERP/Software integration (large enterprises), MyInvois Mobile App. Sales Service Tax (SST) Malaysia: Sales Tax 5-10%, Service Tax 8% standard (since March 2024 increase from 6% previous). E-invoice non-issuance penalties: RM 200-20000 per offense + SST due sum. Peppol Malaysia roadmap 2025-2026.

Origin

Malaysia Budget 2023 (October 2022) announces e-invoicing ; LHDN MyInvois framework published 2023 ; Phase 1 launch 1 August 2024 ; Phase 2 1 January 2025 ; rollout 2024-2026.

Example in context

Maybank (Malaysia largest bank) integrates MyInvois Phase 1 August 2024: B2B service fee invoice issuance to corporate clients via LHDN API, UBL 2.1 Malaysia, IRN + QR code, SST 8%, Temenos core banking integration.

Related terms

• Indonesia DJP — ASEAN neighbour.