WEBINAR: MALAYSIA NATIONAL E-INVOICE MANDATE: NAVIGATING REGULATORY COMPLIANCE

WEBINAR: MALAYSIA NATIONAL E-INVOICE MANDATE: NAVIGATING REGULATORY COMPLIANCE

Date: Thursday, 2 November 2023
Time: 10.00 am - 11.00 am
Platform: Zoom Webinar
Session: Free Webinar

In this webinar session, we will explore the key compliances required by LHDN to deploy e-Invoice. Aside from statutory compliance we shall also explore the implications and changes needed to internal processes in sales invoice generation and supplier invoice processing. Take this opportunity to learn from best practices deployed in companies that complies with the LHDN framework.
 
Recently, Malaysia LHDN released an updated guideline document together with industry specific requirements on 29 September 2023. What we know extensive from the first guide was primarily focused on PROOF of INCOME – targeted at document issued whenever a sale or other transaction is made to recognize income.

In the latest updated guide, an expanded explanation focused on PROOF of EXPENSE has been provided. This relates to the following: “This type of document covers purchases made or other spending by taxpayers. It also includes returns and discounts. It can also be used to correct or subtract an income receipt in terms of the amounts documented.”

In addition, there are certain circumstances where taxpayers would have to issue self-billed e-Invoice to document an expense such as foreign transactions etc. Malaysia’s LHDN e-Invoice is not only primarily focused on one area which is invoices directed at customers but also transactions related to purchasing and expenses by taxpayers.

SL Information’s e-Invoice solutions are ready and operational that complies with the latest guidelines by LHDN. Time is ticking towards 1 June 2024, and should you need to expedite your deployment of E-invoice that complies with LHDN’s requirements (both generic and industry specific).

Programme
10:00am: Introduction to SL Information
10:10am: Latest Updated LHDN Guidelines
10:30am: e-Invoice Solutions
11:00am: Q&A + Feedback session
11:30am: End

Please come and join our free webinar (Nov 2^nd @ 10am) now!
 
Register Now: https://us06web.zoom.us/webinar/register/WN_cxv8E3-1TA-YXkf7ZwUlbA#/registration