The IRBM standards mandate electronic invoices for income recognition in all transactions. Recipients must obtain e-invoices for expenditures, including returns. Three main transaction types include B2B, B2C, and B2G transactions.
Main Transaction Types Under Malaysia’s e-Invoicing Framework: B2B, B2C, B2G
Public
Malaysia
Author: Ema Stamenković
Category:
General information
Views:
18
Content accuracy validation date:
20.04.2026
Content accuracy validation time:
08:31h
The IRBM standards require the issuance of electronic invoices:
Evidence of income
In order to recognize sales income, an electronic invoice must be sent whenever the supplier provides the recipient with goods or services. Additionally, it must be given in "other transactions" where the taxpayer makes money.
Evidence of spending
The recipient must ensure that they receive the e-invoice from the provider whenever the taxpayer purchases goods or services or incurs any other expenses. It also covers situations where products are returned or discounts are offered. Additionally, the recipient would need to submit a self-invoice to record the costs if the transactions were between a foreign seller and a Malaysian recipient.
These three are now the main transaction types covered by invoicing, according to the e-Invoicing rules published by LHDN (Lembaga Hasil Dalam Negeri), Malaysia.
B2B (Business-to-Business) Transactions
Business-to-business (B2B) transactions occur when two companies trade goods or services. Manufacturers, wholesalers, retailers, and service providers are the parties involved in these transactions.
Business-to-Consumer (B2C) Transactions
Direct sales of products or services from a company to customers are known as business-to-consumer (B2C) transactions. These transactions are frequently observed in retail settings, internet marketplaces, and service sectors.
Business-to-Government (B2G) Transactions
Businesses that supply goods or services to governmental organizations or agencies engage in business-to-business (B2G) interactions.
Other news from Malaysia
Type of e-Invoices in Malaysia
Public
Malaysia
Author: Ema Stamenković
Malaysia
Author: Ema Stamenković
An invoice documents transactions between suppliers and recipients, while a digitized version is an e-invoice. Malaysia's e-Invoice system requires electronic submission of invoices, credit notes, debit notes, and refund notes for tax compliance and fraud reduction. A document that shows the transactions between a supplier and a recipient is called an invoice. An invoice that has been digitized wo... Read more
Malaysia's Software Fiscalization Done through e-Invoicing Platforms
Public
Malaysia
Author: Ema Stamenković
Malaysia
Author: Ema Stamenković
Malaysia's MyInvois system mandates the creation, verification, and sharing of e-invoices in XML format, enhancing accuracy, transparency, and tax compliance while streamlining commercial processes and facilitating digital transformation for businesses. Malaysia has Software Type fiscalization that is done through an e-Invoicing system (MyInvois System). E-invoicing in Malaysia describes the digit... Read more
New document was uploaded: Legal Q&A - MY
Malaysia
Author: Ema Stamenković
The Q&A document is an essential resource that provides clear answers to the most frequently asked questions in retail. It saves valuable time by consolidating complex information into a practical and accessible format. Prepared by our team of experienced experts, it addresses key issues such as document types, business processes, the registration process and the applicable laws and regulations Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
New document was uploaded: Country overview - MY
Malaysia
Author: Ema Stamenković
This is a high-level country overview document created to explain the fiscalization model in Malaysia in a simplified, business-orientated format. It is particularly suitable for retailers entering the Malaysian market, as it provides a clear and structured overview of the country’s fiscalization framework. It is equally valuable for POS and ERP solution providers, offering essential insights into compliance requirements, fiscal receipt issuance, and system integration expectations necessary to operate within Malaysia's tax environment Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
New document was uploaded: Important Characteristics of the Fiscalization System - MY
Malaysia
Author: Ema Stamenković
The purpose of this document is to emphasise the most important fiscalization characteristics in Malaysia and requirements regarding receipts, invoices, return policies, online sales, record keeping, cash registers, VAT recording, penalties and store registration. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login
New document was uploaded: System Comparison: MyInvois Model vs API Integration Model
Malaysia
Author: Ema Stamenković
The purpose of this document is to provide an overview of the two main e-invoicing models in Malaysia– the MyInvois Portal and the API Integration model. Read more
Subscribe to get access to the latest news, documents, webinars and educations.
Already subscriber? Login