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Plan for E-Invoicing, SEZ, SST and MITRS
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Malaysia’s tax ecosystem is undergoing significant transformation. From the digitalisation of tax processes through e-Invoicing and the advancement of Special Economic Zones (SEZs), to the expansion of the Sales and Service Tax (SST) regime and the rollout of the Malaysian Income Tax Reporting System (MITRS) — businesses face rising compliance demands but also opportunities for strategic advantage.
In this increasingly complex environment, a reactive approach is no longer sufficient. Whether you’re a local player or operating cross-border, 2025 is the time to act decisively.
At BoardRoom, we help you:
- Understand the latest tax and regulatory developments in Malaysia,
- Assess what these changes mean for your business,
- Adapt and grow with confidence through tailored compliance and advisory support.
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E-Invoicing Deadline Revised — Time to Refocus and Prepare
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The Inland Revenue Board of Malaysia (IRBM) has updated e-invoicing deadlines to offer businesses greater compliance flexibility:
- RM1M–RM5M revenue: New deadline is 1 January 2026
- RM500K–RM1M revenue: New deadline is 1 July 2026
- Below RM500K: Now exempted (raised from RM150K threshold)
A six-month grace period follows each phase, allowing consolidated and self-billed e-invoices to ease transition. These changes give businesses across industries valuable time to update invoicing systems aligned with the IRB’s MyInvois platform.
At BoardRoom, we simplify e-invoicing adoption through a tailored, end-to-end approach including business impact analysis, system integration, user training, and ongoing post-implementation support. Our services extend to accounting outsourcing, tax advisory, and compliance consultancy — empowering your business to meet regulatory demands confidently and seamlessly.
If your company hasn’t integrated e-invoicing yet, now is the time to act.
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Malaysia’s Expanded Sales and Service Tax (SST) Effective 1 July 2025 — Is Your Business Ready?
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Malaysia is expanding SST coverage from 1 July 2025 to strengthen fiscal resources and support the MADANI framework.
Key updates include:
- Sales Tax: Non-essential goods like king crab, salmon, imported fruits, industrial machinery, and antiques will be taxed at 5% or 10%. Essential goods such as rice, cooking oil, vegetables, and medicine remain zero-rated.
- Service Tax: New taxable sectors include rental and leasing services (excluding residential and small operators), construction (excluding residential buildings), fee-based financial services, private healthcare and education for non-citizens, and beauty and wellness services from operators with revenue over RM500,000.
- Compliance: Changes take effect 1 July 2025, with enforcement penalties deferred until 31 December 2025.
Businesses should review registration obligations, adjust pricing, and file bi-monthly returns via MySST.
BoardRoom offers expert guidance to simplify SST compliance. Contact us to assess your readiness for these new requirements.
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Singapore–Malaysia Special Economic Zone (SEZ): Rethink Your Cross-Border Strategy
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The Johor–Singapore Special Economic Zone is progressing, with plans to streamline customs processes, enhance cross-border mobility, and introduce business-friendly incentives. For companies operating across both countries, this is a strategic window to reassess tax structures, supply chains, and regional operations.
Getting ahead of these changes requires more than awareness — it demands coordinated expertise across jurisdictions.
With deep experience in both Malaysia and Singapore, BoardRoom is uniquely positioned to guide businesses through the evolving SEZ landscape with practical, tax-led strategies tailored to your cross-border goals.
Explore how your business can benefit and how BoardRoom can help you lead through change.
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Malaysian Income Tax Reporting System (MITRS) — Access Now Live
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The Malaysian Inland Revenue Board (IRB) officially launched the Malaysian Income Tax Reporting System (MITRS) on 1 April 2025. MITRS is a key milestone in the country’s move toward digital tax compliance and greater financial transparency for corporates.
To stay ahead, businesses must not only comply — they must strategise. At BoardRoom, we go beyond filing support — we deliver strategic tax solutions aligned to your growth goals:
- Digital tax compliance
- Cross-border structuring & advisory
- Indirect tax and SST optimisation
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Copyright © 2025 Boardroom Pte Ltd.
All rights reserved.
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