Best E-Invoicing Provider in Malaysia for LHDN Compliance

Boosting Efficiency and Compliance in Employee Perquisites with e-Invoicing

Employee perks and benefits are an aspect of today’s workplace that extend beyond salary payments – they also contribute to employee satisfaction and are key for attracting and retaining top talent within a company setting. However, handling these benefits effectively can pose challenges, for both employers and employees. In this article we will delve into […]

Understanding Reimbursement vs. Disbursement in E-Invoicing: A Comprehensive Guide

E-Invoicing has revolutionized the way businesses manage their financial transactions, making processes faster, more accurate, and compliant with regulations. As digital invoicing becomes the norm, understanding key financial terms is essential for effective financial management. Two such terms that often get confused in the business world are reimbursement and disbursement. While they both deal with […]

E-INVOICE TREATMENT DURING INTERIM RELAXATION PERIOD

Malaysia’s financial ecosystem is undergoing a transformative shift with the introduction of e-Invoicing. This initiative aims to streamline tax compliance, reduce administrative burdens, and enhance transparency across businesses. Beginning in August 2024, the government has laid out a phased implementation plan to ensure a smooth transition. While e-Invoicing might initially seem complex, it offers immense […]

Adding Advintek as an Intermediary on MyInvois Portal: A Comprehensive Guide

In today’s digital-first economy, e-invoicing has emerged as a cornerstone for businesses seeking efficiency and compliance in their financial operations. With regulations evolving and the demand for quicker processing times rising, integrating an intermediary can streamline the e-invoicing process significantly. This guide will walk you through adding Advintek as an intermediary on the MyInvois portal, […]

The Future of E-Invoicing in Malaysia: Trends and Predictions for 2025

Electronic invoicing is changing the way businesses function. Malaysia is also embracing this trend. As we anticipate the developments leading up to 2025 in this field it becomes crucial to grasp the emerging trends and forecasts that are influencing the industry.  The shift towards innovation is more than a temporary faze. It’s becoming the norm […]

E-Invoicing for International Trade: Standardizing Cross-Border Transactions

In the economic landscape international trade plays a crucial role, in fostering business expansion and development. Yet handling transactions across borders comes with its set of difficulties particularly concerning invoicing procedures across countries with varying regulations and tax codes. For businesses based in Malaysia, electronic invoicing presents a chance to simplify the billing process, guarantee […]

Everything You Need to Know About VAT Refunds in Malaysia

Traveling to Malaysia provides a mix of immersion, breathtaking scenery and lively shopping possibilities. For visitors grasping the VAT (Value Added Tax) reimbursement procedure can greatly improve their shopping journey. This article aims to walk you through all the essentials of VAT refunds, in Malaysia helping you maximize your shopping delights. What is VAT? VAT, […]

Understanding the Tax Identification Number (TIN) in Malaysia: How to Obtain It and Recent Format Changes

Understanding the ins and outs of taxes can feel overwhelming especially when delving into the details of a Tax Identification Number (TIN). In Malaysia the TIN holds importance, for both individuals and businesses. This blog seeks to clarify the concept of TIN, provide guidance on its acquisition and shed light on any alterations to its […]