Starting on 1st August 2024, the Inland Revenue Board (LHDNM) will launch a cutting-edge electronic invoice (e-Invoice) system. As a business registered in Malaysia, you’ll be required to generate e-invoices for all your transactions, moving away from traditional paper invoices, credit notes, and debit notes. This new system applies to all commercial activities, including Business to Business (B2B), Business to Customer (B2C), and Business to Government (B2G).
Why e-Invoicing?
An e-invoice is a digital record of your transaction data, ensuring greater accuracy, efficiency, and compliance with tax regulations. With GreenifyZen, transitioning to e-invoicing is seamless and stress-free. Our solutions are designed to align with LHDNM’s new requirements, helping you stay ahead of the curve.
Mark Your Calendar
Important Implementation Dates
- From 1st August 2024: Businesses with an annual turnover exceeding RM 100 million.
- From 1st January 2025: Businesses with an annual turnover from RM 25 million to RM 100 million.
- From 1st July 2025: All other businesses engaged in commercial transactions.
Two Transmission Mechanisms – Choose What Fits Your Business
MyInvois Portal (hosted by LHDNM)
Ideal for Micro, Small, and Medium-sized Enterprises (MSMEs) with smaller data volumes.
Application Programming Interface (API)
Perfect for larger businesses with high transaction volumes, this option integrates directly with your existing system, automating the process for you.
The Benefits of e-Invoice with GreenifyZen
Switching to e-invoicing isn’t just about compliance—it’s about driving your business forward. Here’s how GreenifyZen’s solutions can help you leverage this new system for success:
Reduce manual errors and save time
Our digital solutions unify and automate data entry, reducing the risk of errors and freeing up your time.
Streamline tax filing
With automated data organization, tax reporting becomes faster and more accurate.
Enhance operational efficiency
Experience significant time and cost savings as we streamline your business operations.
Digitalize your reporting
Our solutions transform tax and financial reporting into a smooth, digital process that aligns with industry standards.
Get Started with GreenifyZen Today
Ready to embrace the future of invoicing? With GreenifyZen, the transition to e-invoicing is simple, efficient, and designed to boost your business’s overall performance. Don’t wait—join the digital revolution today! For more information or to get started, visit GreenifyZen or contact us directly. Together, let’s make your business more efficient, compliant, and ready for the future. This version emphasizes GreenifyZen’s role in helping businesses transition to e-invoicing while highlighting the benefits and ease of using their solutions.
Streamline Your Invoicing Process Today!