Over 90% of entrepreneurs have yet to adopt e-invoicing - expert

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The Star 6h ago

Over 90% of entrepreneurs have yet to adopt e-invoicing - expert - The Star

Quick Summary:

KUALA LUMPUR: It is estimated that over 90 per cent of entrepreneurs, especially those with an annual income of RM25 million or less, have yet to adopt the e-invoicing system introduced on Aug 1.

"For example, a training session will be held in Putrajaya on Nov 28 for 200 participants, followed by an explanatory session in Kota Kinabalu on Dec 10," he said.

"The e-invoice platform ensures that all business transactions are properly recorded, minimising errors and ensuring compliance with tax regulations," he said.