Malaysia’s mandatory e-Invoicing starts in August 2024, with full coverage by July 2025, to enhance tax compliance, reduce fraud, and enable real-time reporting. Businesses must submit e-invoices via MyInvois, use digital certificates, ensure system compatibility, and archive records for seven years. Peppol PINT Malaysia applies for cross-border transactions. Validated e-invoices include a QR code... Read more

India’s Invoice Management System (IMS) on the GST portal simplifies invoice reconciliation and strengthens compliance by centralizing inward and outward invoice management. It automates ITC claims, reduces manual errors, and helps avoid Show Cause Notices (SCNs). IMS benefits both MSMEs and large enterprises by improving vendor coordination, visibility, and audit readiness. As part of India’s tax... Read more

Malaysia’s IRB launched Phase 3 of its e-Invoicing rollout on July 1, making e-Invoicing mandatory for over 50,000 businesses with annual sales between RM5 million and RM25 million. The free MyInvois e-POS System, previously limited to micro-SMEs, is now available to businesses with sales under RM750,000 (approx. €150,900) helping SMEs simplify operations through integrated sales, inventory, finan... Read more

The Netherlands is preparing to implement the EU's VAT in the Digital Age (VIDA) initiative, which mandates e-invoicing for intra-EU B2B transactions from July 1, 2030. While EU rules focus on cross-border transactions, the Dutch government is considering extending mandatory e-invoicing and real-time digital reporting to domestic B2B transactions as well. Policy consultations are underway, with le... Read more

Estonia's government confirms a VAT rate increase, starting July 1, 2025, to stabilise public finances and address the country's growing budget deficit. A VAT rate increase that will go into effect on July 1, 2025, has been formally confirmed by the Estonian government. The following adjustments will be made: The standard VAT rate will rise from 22% to 24%. The 9% lower rate will increase to... Read more

Singapore’s Peppol-based e-invoicing system, launched in May 2025, is voluntary but will become mandatory in phases—starting November 2025 for new GST-registered companies and April 2026 for all new GST registrants. Businesses can use the InvoiceNow platform to transmit e-invoices and report to IRAS. E-invoicing solution providers assist with compliance, document formatting, automation, and data s... Read more

The Philippines’ Bureau of Internal Revenue (BIR) will require selected taxpayers to adopt electronic invoicing and sales reporting by March 2026, following Revenue Regulations 11-2025 and the CREATE MORE law. Although e-invoicing was introduced under the 2018 TRAIN Law, full implementation has been delayed, with pilot testing starting in 2022 but showing limited progress. While the new rules are... Read more