Starting 2026, all Malaysian businesses — from SMEs to multinational corporations — will be required to issue electronic invoices under the Inland Revenue Board of Malaysia’s (LHDN) E-Invoicing system. This is one of the most significant changes in Malaysia’s tax landscape, modernising how companies issue invoices, report taxes, and manage financial data. What Is E-Invoicing?...
In the ever-evolving landscape of business transactions, the Malaysian government has taken a significant stride towards modernisation by introducing e-invoicing. Under the auspices of the LHDN, this new regulatory framework promises to revolutionise how businesses conduct financial transactions, ushering in an era of efficiency, transparency, and compliance. This article delves into the intricacies of LHDN’s...
On May 29, 2023, Malaysia’s Minister of Finance (MOF) gazetted the “Income Tax (Transfer Pricing) Rules 2023” (P.U.(A) 165/2023), i.e “new transfer pricing rules”. The new transfer pricing rules now replace the previous “Income Tax (Transfer Pricing) Rules 2012” (P.U.(A) 132/2012). The 2023 revision presents significant modifications to the transfer pricing framework, notably in the...
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HernanCres provides a number of services in consultancy, tax and advisory. Whether you require an on-going solution or temporary project-based support you can expect excellent service from our team which draws on both international experience and local expertise.OUR LOCATIONWhere to Find Us?
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HERNANCRESAbout Us
HernanCres provides a number of services in consultancy, tax and advisory. Whether you require an on-going solution or temporary project-based support you can expect excellent service from our team which draws on both international experience and local expertise.OUR LOCATIONWhere to find us?
Taman Usahawan,
52100, Kuala Lumpur.GET IN TOUCHHernancres Social links
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