Malaysian e-Invoicing system Software Development Kit released

On February 9th, Malaysia’s Inland Revenue Board, the country’s tax authority responsible for introducing the electronic invoicing system, which is due to become mandatory in July this year, published a long-awaited Software Development Kit. This tool is designed to be a guide reference allowing the development of software solutions integrating businesses with the Board’s system. 

The kit offers a thorough description of several issues. Most importantly, it features a complete guide to setting up connections with APIs, allowing automatization of connectivity with the system and authorities. Additionally, the SDK includes, among others, a list of standard error codes, document type explanations, and checking logic together with a Frequently Asked Questions section. 

Thanks to SDK’s publishing, a final obstacle barring software providers from developing products serving future e-invoicing mandates has been removed. 

The current start dates for obligatory use of e-Invoicing are set as follows:

• August 1st, 2024, for taxpayers with turnover of > 100 million MYR per annum
• January 1st, 2025, for taxpayers with turnover of > 25 million MYR per annum
• July 1st, 2025, for all other taxpayers

There’s more you should know about e-invoicing in Malaysia – learn more about the new and upcoming regulations.