Comarch Accredited as Peppol Service Provider in Malaysia
Comarch was recently accredited by the Malaysia Digital Economy Corporation (MDEC) as a Peppol Service Provider. This accreditation allows us to offer our Peppol e-invoicing solutions to businesses in Malaysia, helping them comply with upcoming e-invoicing regulations.
What is Peppol?
Peppol (Pan-European Public Procurement Online) is a global network that facilitates secure and efficient electronic invoicing between businesses and government agencies. By using a Peppol-certified service provider like Comarch, companies can ensure that their e-invoices comply with Peppol standards and can be easily exchanged with any other Peppol-connected business worldwide.
Malaysia’s E-invoicing Mandate
The Malaysian government is planning to introduce a mandatory e-invoicing mandate in the near future. Here’s the schedule for introducing the e-invoicing system:
- August 1, 2024: Taxpayers with an annual turnover exceeding MYR 100 million
- January 1, 2025: Taxpayers with an annual turnover between MYR 25 million and MYR 100 million
- July 1, 2025: All other taxpayers
Businesses using a Peppol service provider like Comarch can rest assured that they are ready to comply with the mandate when it comes into effect.
Comarch E-invoicing Platform
Comarch offers a comprehensive e-invoicing solution that streamlines and automates the entire invoicing process for businesses of all sizes. Our system includes robust features such as:
- Peppol network connectivity
- Accounts payable and receivable management
- Secure data storage and transmission
- Integration with existing ERP or financial systems
- Compliance with legal regulations in over 60 countries
- Multilingual support
- Partner onboarding
Comarch e-Invoicing can help businesses improve efficiency, reduce costs, and ensure compliance with legal requirements.
Ready to streamline your e-invoicing process? Contact our experts today to learn more about how we can help your business.
There’s more you should know about e-invoicing in Malaysia – learn more about the new and upcoming regulations.
