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E-Invoicing in Malaysia: your list of Must know Challenges
With the official mandate by theTax Authority, beginning August 2024 for Phase 1 implementor (ie. businesses with revenue above RM 100 million), requiring companies to issue electronic invoices, this transition is not one to be taken lightly.I’ll help you understand proposed changes and potential challenges, including technical issues, managing change, and fraud and security in digital finance.