August 1, 2024
Phase 1
Businesses with annual earnings over MYR 100 million.
January 1, 2025
Phase 2
Businesses with earnings over MYR 25 million.
July 1, 2025
Phase 3
All businesses must switch to e-invoicing.
Businesses create the e-invoice using LHDN-approved software.
The invoice is submitted to LHDN for validation.
LHDN checks the invoice for accuracy and compliance.
If the invoice is correct, LHDN confirms and approves it.
In B2B transactions, businesses use e-Invoicing software in Malaysia to generate and submit invoices to LHDN for validation. Once approved, LHDN e-Invoicing solutions confirm compliance with tax requirements.
For B2C transactions, businesses use e-Invoicing software in Malaysia to issue invoices with clear details like item descriptions and taxes. This ensures compliance with LHDN e-Invoicing solutions in Malaysia and protects consumer rights
"Flick implemented our e-invoicing system on time. Thank you for your efforts."
– Lynas Earth Movers
"Thanks to the Flick team for making things so easy for us."
– Ibridge
"Excellent service from Flick. Quick responses and very friendly. Thank you."
– Rainbow Agro
SPAR is an International retail-store group of independently owned and operated retailers and wholesalers with more than 13,900 stores in over 48 countries, meeting the needs of over 14.7 million+ consumers every day.
Challenge
The challenge presents itself in the form of 200+ offline Point of Sale devices requiring seamless adaptation for real-time e-invoice generation and scheduled reporting to the tax authority. Addressing this necessitates a tailored solution harmonizing with existing infrastructure, ensuring regulatory compliance, and optimizing operational efficacy.
Solution
The solution entailed installing Portable Executables (PEs) on each device to enable e-invoice generation and subsequent pooling for reporting purposes. This approach facilitated seamless coordination and consolidation of e-invoices, ensuring efficient and accurate reporting to the tax authorities.
Module Implemented
Complying with global e-invoicing mandates while retaining the existing infrastructure is remarkably smooth while using the Global E-Invoicing Module from Flick.
Businesses in Malaysia registered for tax must implement LHDN e-Invoicing to stay compliant.
It ensures your invoices meet tax rules and simplifies compliance with LHDN.
Flick Network offers easy setup and full support for e-Invoicing software in Malaysia.
Costs depend on your business size, with flexible pricing plans from Flick Network.
Missing a deadline can result in penalties. Flick Network ensures timely submissions to avoid this.
Want to have a quick call?
Let's discuss how we can help you comply with mandates happening in Malaysia right now.