Best E-Invoicing Provider in UAE for Invoıce Compliance

E-Invoicing

E-Invoicing and Sustainability: How Digital Invoicing Contributes to Green Business Practices

Overview Nowadays, as environmental sustainability becomes more and more important, companies are searching for more strategies to lower their carbon footprint. An increasingly common and very successful approach is electronic invoicing, or e-invoicing. In addition to streamlining corporate procedures, this digital approach to invoice management greatly encourages sustainability by lowering paper waste and promoting eco-friendly […]

Understanding MSIC Codes: A Comprehensive Guide for Malaysian Businesses

To thrive in the business environment it’s crucial to have a grasp of the different regulatory structures in place. One key aspect to consider is the Malaysia Standard Industrial Classification (MSIC) code. Whether you’re just starting out as an entrepreneur or already running a business understanding your MSIC code is vital for meeting regulations. Running […]

Everything You Need to Know About VAT Refunds in Malaysia

Traveling to Malaysia provides a mix of immersion, breathtaking scenery and lively shopping possibilities. For visitors grasping the VAT (Value Added Tax) reimbursement procedure can greatly improve their shopping journey. This article aims to walk you through all the essentials of VAT refunds, in Malaysia helping you maximize your shopping delights. What is VAT? VAT, […]

Understanding the Tax Identification Number (TIN) in Malaysia: How to Obtain It and Recent Format Changes

Understanding the ins and outs of taxes can feel overwhelming especially when delving into the details of a Tax Identification Number (TIN). In Malaysia the TIN holds importance, for both individuals and businesses. This blog seeks to clarify the concept of TIN, provide guidance on its acquisition and shed light on any alterations to its […]

How ISO 6523 Enhances Business Efficiency in the PEPPOL E-Invoicing System

In the changing world of business today being efficient and accurate is key. As more and more companies turn to invoicing it becomes evident how important standardized identification systems are. ISO 6523, a known standard significantly boosts business efficiency in the PEPPOL e system used across Europe. This article delves into how ISO 6523 aids, […]

Best Practices for Implementing SBDH in Your Business

In today’s evolving landscape businesses require effective methods for sharing information. The Standard Business Document Header (SBDH) provides a method for handling documents. For organizations seeking to enhance their document exchange procedures integrating SBDH can make an impact. This article will delve into the strategies for integrating SBDH into your business processes guaranteeing an efficient […]

CTC E-Invoicing Becomes Mandatory in Malaysia Starting August 2024

Starting in August 2024 the Malaysian Inland Revenue Board (IRBM) will require businesses with a turnover exceeding MYR 100 million to use e Invoicing. This change is part of Malaysia’s National Electronic Invoicing Initiative, which aims to simplify and digitalize business transactions. Here’s everything you need to know about the new requirements and how to […]

Decoding the eInvoice Directives: IRBM/LHDN’s Mandate and MDEC’s Peppol Initiative in Malaysia

Malaysia is making strides in updating its tax system through the introduction of the eInvoice requirement, by the Inland Revenue Board of Malaysia (IRBM) or Lembaga Hasil Dalam Negeri Malaysia (LHDN). The goal of this effort is to simplify the invoicing procedure, decrease tax avoidance and improve the effectiveness of the tax framework. It is […]