Malaysia’s E-invoice: Preparing for Mandatory Implementation
HRD Corp Programme Number :10001408690
INTRODUCTION
In order to support the growth of the digital economy, the Malaysian Madani Government intends to implement e-Invoice in stages in an effort to enhance the efficiency and betterment of the country’s tax administration management. The introduction of e-Invoice aims to enable near real-time validation and storage of transactions, covering Business-to-Business (B2B), Business-to-Consumer (B2C), and Business-to-Government (B2G) transactions. The implementation of e-Invoice is expected to improve the quality of services and thus reduce the compliance costs to taxpayers. At the same time, businesses operation accuracy, efficiency and productivity will see further improvement.
IMPLEMENTATION TIMELINE
As announced in the Budget 2024, E-Invoice will be implemented in phases effective 1st August 2024, based on businesses’ annual revenue or turnover thresholds. By 1st July 2025, all businesses, regardless of size, must issue e-Invoices. Thus ensuring that organisations software is compatible and ready for integration is crucial for full compliance.
Download Brochure and Registration From from HERE
Training Date :
20th January 2025 (Empire Hotel, Subang Jaya, Selangor, Malaysia)
14th February 2025 (Shama Suasana Johor Bahru, Johor, Malaysia)
13th March 2025 (Wanfah Centre, Shah Alam, Selangor, Malaysia)
18th April 2025 (Hotel Armada PETALING JAYA, Selangor, Malaysia)
19th May 2025 (Dorsett Grand Subang, Subang Jaya, Selangor, Malaysia)
19th June 2025 (Wanfah Centre, Shah Alam, Selangor, Malaysia)
23rd July 2025 (Hotel Armada PETALING JAYA, Selangor, Malaysia)
13th August 2025 (Dorsett Grand Subang, Subang Jaya, Selangor, Malaysia)
1st October 2025 (Wanfah Centre, Shah Alam, Selangor, Malaysia)
28th November 2025 (Hotel Armada PETALING JAYA, Selangor, Malaysia)
26th December 2025 (Dorsett Grand Subang, Subang Jaya, Selangor, Malaysia)
COURSE OBJECTIVES
After completing this course, participants will be able to understand and know the following:
- Understand what is E-Invoice and E-Invoicing
- The E-Invoice rules in Malaysia
- Benefits of E-Invoicing
- E-Invoicing process description
- E-Invoice implementation timeline
- E-Invoicing: Impact on strategies and operation
- Latest Updates
WHO SHOULD ATTEND
E-Invoice is affecting every one be it businesses or consumers. Thus, all Malaysia residents including visitors to Malaysia will need to understand Malaysia’s E-invoice. The following persons should be familiar about Malaysia’s E-Invoice as they are directly involved in the E-invoicing process :
- Finance professionals – CFO, Finance Managers, Accountants, Tax Specialists, Financial Analysts, Finance Executives
- Business owners – Entrepreneurs, Sole Proprietors, Directors, Company Secretary, Partners and Associates
- Supply Chain – Procurement Managers, Logistic Managers, Procurement Officers, Sales Personnels, Administrators
METHODOLODY
COURSE CONTENT
Module 1 Introduction to E-Invoicing
- Overview of E-Invoice rules in Malaysia
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Benefits of adopting e-invoice
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Legal Framework, compliance requirements and timeline
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Types of E-Invoices
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Exempted Persons
Module 2 Implementing E-Invoicing
- IRB E-invoice Process workflow
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E-invoice Models
-Planning and preparation strategies
- System requirements and integration
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Integration with existing systems and processes
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Case studies of transactions with different buyers
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Consolidated E-invoices
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Statement or Bills on a Periodic Basis
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Disbursement and reimbursement
-Employment Perquisites and Benefits
- Certain Expenses incurred by Employees on behalf of the Employer
Module 3 Miscellaneous
- Self-billed E-invoice
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Cross Border Transactions
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Profit Distribution
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Foreign Income
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Currency Exchange Rate
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E-commerce Transactions
Module 4 E-Invoicing Latest Update and Security
- List of Required Fields for E-invoice
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Latest guideline and update on E-Invoice
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Data Security and Privacy
Download the course content in pdf from HERE
FACILITATOR
Mr. Tan Chee Wan CA(M), FCMA, CGMA, CTM
Click HERE to download Tan Chee Wan profile in PDF format
After started his own business, Chee Wan has keep up todate of the current technology. Among some of the achievement are created his own business websites, developed mobile apps and ventured into E-commerce.
Course Fees & Registration
FEE PAYABLE PER PARTICIPANT :
Normal Price : RM1,318
Early Bird (15 days before event) : RM1,178
Group Fee (>2 participants) : RM1.038
Fee includes course materials, lunch, 2 tea breaks per day and Certificate of Attendance (upon completion of the training).
Download Brochure and Registration Form HERE and sent it to us by
Email : sales@wanfahprosper.com
WhatsApp : +60162634929
CANCELLATION / TRANSFER
Upon registering, participant(s) are considered successfully enrolled in the event. Written cancellations / transfer notice (substitution or to later dates) received :
- More than ten (10) working days before the event, a refund (less administrative charge of 15%) will be made.
- Ten (10) working days or less before the event, no refund will be made.
- For no show on the day of the event, full payment is required. If you cannot attend the event, you can nominate a substitute at any time without payment of an administration fee.
- A full (100%) refund may be granted if the course is cancelled by Wanfah Prosper PLT (WFP). WFP reserves the right to postpone or cancel the event and / or change facilitator at any time should circumstances beyond its control arises. WFP also reserve the right to make alternative arrangements without prior notice should it be necessary to do so.
Payment
Please make cheque payable / direct credit to : WANFAH PROSPER PLT
Accounts Number : 3812930508
Bank : Public Islamic Bank Berhad
DATA PROTECTION
Personal Data is gathered in accordance with the Personal Data Protection Act 2010 (Act 709)
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