Malaysia’s IRBM has granted stamp duty relief for employment contracts signed before 1 January 2025, with stamping required by 31 December 2025 for contracts signed during 2025. Self-assessment for stamp duty begins 1 January 2026. From that date, consolidated e-invoices are banned for transactions over RM10,000, though allowed until end-2025 unless transaction-specific e-invoices are required. The e-invoicing exemption threshold rises to RM500,000, with a 6-month deferral for businesses earning ≤ RM5 million. Phased e-invoicing starts in August 2024, with full rollout by 2027 based on revenue size.
Malaysia: Key Updates on Stamp Duty Relief & E-Invoicing
Public
Other countries
Author: Ljubica Blagojević
Category:
General information
Views:
3765
Content accuracy validation date:
03.07.2025
Content accuracy validation time:
08:17h
- Stamp Duty Relief for Employment Contracts
- Employment contracts signed before 1 January 2025 are exempt from stamp duty.
- The relief does not explicitly extend to other agreements like service or intragroup service agreements; businesses should carefully review these in light of increased IRBM scrutiny.
- For employment contracts signed during 2025, businesses have until 31 December 2025 to comply with stamping requirements.
- Companies should assess associated employment documents (e.g., increment letters) for stamp duty obligations under the Stamp Act 1949.
- Self-Assessment for Stamp Duty takes effect from 1 January 2026, so a broad compliance review is recommended beyond just employment contracts.
- Restriction on Consolidated e-Invoices
- Consolidated e-Invoices (which require less buyer data) are banned for transactions over RM10,000 starting 1 January 2026.
- Until 31 December 2025, consolidated e-Invoices remain permitted for transactions above RM10,000, except where transaction-specific e-Invoices are mandatory (e.g., motor vehicle sales, flight tickets, private charters, construction, and related materials).
- e-Invoicing Deferral and Exemptions
- The revenue threshold for exemption from e-Invoicing increases from RM150,000 to RM500,000, applicable to both incorporated and unincorporated businesses.
- If a payee is an individual not conducting business, payers must issue a Self-Billed e-Invoice (SBeI), regardless of income level.
- The e-Invoicing timeline for businesses with annual revenue ≤ RM5 million is delayed by six months.
- Updated e-Invoicing Timeline
Notes:
- During the initial 6-month phase, consolidated e-Invoices are broadly permitted but non-compliance still triggers penalties.
- The RM500,000 exemption threshold is assessed annually. If crossed, e-Invoicing applies from Year 3.
- Group companies may be excluded from exemption.
- New businesses post-2022 follow a default start date of 1 July 2026, subject to exemptions.
Analysis:
- These updates signal IRBM’s stricter oversight on both stamp duty and digital tax reporting.
- Employers and businesses must conduct comprehensive reviews, especially regarding contracts, group structures, and transaction values.
- The phased e-Invoicing rollout provides flexibility, but businesses should not delay preparations given penalties still apply during transition periods.
- Particular attention is required for fragmented payments, individual recipients, and ensuring proper issuance of SBeI where needed.
Other news from Other countries
China Mandates Real-Time Digital VAT Invoicing (e-Fapiao) by Late 2025
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
China is moving toward a fully digital, real-time VAT invoicing system through e-fapiao. Fully digital invoices have been available nationwide since December 1, 2024, with full mandatory adoption expected by late 2025. The system uses real-time clearance for domestic B2B and B2C transactions, requires standardized electronic invoices, and enables instant reporting to tax authorities. All VAT-regis... Read more
UAE Introduces Fines for E-Invoicing Non‑Compliance
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
The UAE's Cabinet Decision No. 106 of 2025 outlines fines for violating new electronic invoicing rules starting January 1, 2027. A test phase begins in July 2026, and penalties include AED5,000 monthly for system failures and AED100 per missing invoices. The UAE Ministry of Finance has put out Cabinet Decision No. 106 of 2025, which sets the fines for breaking the new electronic invoicing rules. T... Read more
Indonesia: Coretax E-Invoicing Mandatory for All VAT-Registered Taxpayers by End of 2025
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
Indonesia’s new Coretax system, launched in January 2025, makes e-invoicing and clearance mandatory for all VAT-registered taxpayers (PKP). Most businesses must use the Coretax portal, while only high-volume taxpayers may continue using e-Faktur Desktop or H2H. The mandate covers B2B, B2G, exports, and all adjustment documents, with paper invoices allowed only during system outages. By December 31... Read more
Preparing for VAT in Qatar: Essential E‑Invoicing Steps for Businesses
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
Qatar is advancing towards mandatory e-invoicing aligned with VAT. Key requirements include registration with tax authority, ERP integration, and timely structured invoicing. Benefits include faster reconciliation, improved compliance, and reduced fraud. Governance risks must be addressed early. An action plan involves gap analysis, pilot testing, and team training. All businesses must prepare, re... Read more
UAE to Launch E‑Invoicing Pilot in July 2026
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
UAE will implement mandatory Peppol-based e-invoicing starting 2027, using a decentralized model. Key timelines include technical specs in June 2025, pilot phase in July 2026, and B2G transactions by October 2027, with exclusions for specific services. UAE is launching mandatory Peppol-based e-invoicing and e-reporting in 2027 using a decentralised CTC and Exchange Model (DCTCE) with Peppol PINT 5... Read more
New document was uploaded: Q&A from the webinar: Brazil enters new Era
Public
Other countries
Author: Ivana Picajkić
Other countries
Author: Ivana Picajkić
On November 27th, 2025, Fiscal Solutions organized a free webinar on the topic of "Brazil enters a new Era". The webinar was held by Fiscal Solutions Legal Consultant Ivana Picajkić. Let’s find out more about answers to questions asked during the webinar We answered the questions such as,: Are there any exceptions from the fiscalization obligation? Are the requirements that a company has to... Read more
New webinar was uploaded: Recorded webinar: Brazil Enters New Era – SW Fiscalization Takes Over Brazil
Public
Other countries
Author: Ivana Picajkić
Other countries
Author: Ivana Picajkić
On November 27 , 2025, Fiscal Solutions organized a free webinar on the topic „Brazil enters new era – SW fiscalization takes over Brazil“ The webinar was held by Ivana Picajkić, Legal Consultant at Fiscal Solutions The following topics were discussed during this webinar:- From old to new: Brazil’s fiscalization journey- Hardware fiscalization: Where it still applies- NFC-e: The new era of... Read more