As businesses across Malaysia adapt to the mandatory e-invoicing system, a common operational challenge has emerged: What do you do when the other party in a transaction—be it a member of the public, a foreign entity, or a government body—does not have or provide a Tax Identification Number (TIN)? Since the TIN is a mandatory […]
E-Invoicing for Cross-Border Transactions: A Guide for Malaysian Importers & Exporters
With the nationwide implementation of e-invoicing, a critical question for many Malaysian businesses is: “How do I handle transactions with my international suppliers and customers?” The standard e-invoicing process applies between two Malaysian entities, but the rules are different for cross-border trade. The Inland Revenue Board of Malaysia (LHDN) has released specific guidelines to clarify […]