Making Compliance a Breeze
E-Invoicing compliance requirements are increasing all over the world. SESAMi provides comprehensive solutions to ensure your business stays fully compliant with e-invoicing regulations in Singapore and Malaysia.
How SESAMi Helps
SESAMi’s E-Invoicing solutions are compliant with E-Invoicing Requirements in Singapore and Malaysia to give you the peace of mind when transacting.
Singapore’s GST InvoiceNow Requirement
In April 2024, the Inland Revenue Authority of Singapore (IRAS) announced that GST-registered businesses will be required to transmit invoice data to IRAS using InvoiceNow solutions via the InvoiceNow network.
IRAS Timeline
May 2025
GST-registered businesses that wish to be early adopters can adopt InvoiceNow solutions and start to transmit invoice data to IRAS.
1 November 2025
Newly incorporated companies that voluntarily apply for GST registration are required to send invoice data to IRAS using InvoiceNow solutions.
1 April 2026
All businesses that voluntarily apply for GST registration are required to send invoice data to IRAS using InvoiceNow solutions.
Malaysia’s E-Invoicing Mandate
The Inland Revenue Board of Malaysia (LHDN) will gradually introduce country-wide mandatory electronic invoicing in Malaysia that will cover B2G, B2B, and B2C transactions. This initiative by LHDN marks a significant step towards digitization and modernization of the invoicing process in the country. The Malaysian Digital Economy Corporation (MDEC), serving as an established Peppol Authority, will introduce Peppol e-invoicing for all businesses across the country from August 2024 to July 2025.
LHDN Timeline
1 August 2024
Taxpayers with annual turnover or
revenue > RM100 million.
1 January 2025
Taxpayers with annual turnover or
revenue > RM25 million, up to RM100 million.
1 July 2025
Taxpayers with annual turnover or
revenue > RM500,000, up to RM25 million.
1 January 2026
Taxpayers with annual turnover or revenue of up to RM500,000.
GET IN TOUCH
Register your interest in E-Invoicing and we will be in touch with you soon!
