735 Mln E-Invoices Issued By 108,000 Taxpayers - Lim

KUALA LUMPUR, Nov 24 (Bernama) --  A total of 735 million e-invoices have been issued by 108,000 taxpayers as of Nov 21, 2025, Deputy Finance Minister Lim Hui Ying said.

She noted that 64,317 taxpayers have implemented e-invoicing mandatorily, comprising 5,528 in the first phase, 13,964 in the second, and 44,825 in the third.

“At the same time, around 44,000 taxpayers from the fourth and fifth phases have adopted e-invoicing voluntarily. This demonstrates the effectiveness of e-invoicing, with a high level of acceptance and compliance among taxpayers,” she said.

Lim was responding to a question from Datuk Awang Hashim (PN-Pendang) regarding the implementation of the e-invoicing system to date and its impact on tax compliance.

To support businesses, particularly micro, small and medium enterprises (MSMEs), in preparing for e-invoicing, Lim said the government has introduced a phased rollout for companies with annual sales below RM5 million.

The fourth phase, beginning Jan 1, 2026, will cover businesses with annual sales between RM1 million and RM5 million. 

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The fifth phase, starting July 1, 2026, will include businesses with annual sales between RM500,000 and RM1 million.

“Small traders with annual sales below RM500,000 are exempt from e-invoicing. This exemption benefits small businesses, which will not incur additional costs to acquire the technical skills needed to implement e-invoicing,” she said.

Lim added that the government has also made available the MyInvois portal, developed by the Inland Revenue Board, to further assist MSMEs.

“The MyInvois portal is freely accessible for sending e-invoices. A MyInvois mobile application has also been developed to facilitate e-invoicing via smartphones.

“The MyInvois ePOS system serves as a digital point-of-sale platform, allowing sellers to issue e-invoices in real time during transactions, or enabling buyers to request e-invoices from sellers after the transaction,” she said.

-- BERNAMA