SYNOPSIS

The Inland Revenue Board (IRB), in collaboration with the Malaysian Digital Economy Corporation (MDEC), has officially launched e-invoicing in Malaysia. The first category of taxpayers went ‘live’ with e-Invoicing on 1 August 2024. The primary intention of e-invoicing is to advance Malaysia’s digital economy and to improve tax administration. All businesses are required to be e-invoicing ready by 1 July 2025.

Adopting e-invoicing will undoubtedly result in changes to the Accounts Receivable and Accounts Payable functions. Establishing a clear implementation strategy is vital to ensure the business's seamless adoption of e-invoicing. This webinar aims to provide information on e-Invoicing, shed light on the impact from a tax and legal standpoint, and discuss the next steps and considerations especially tailored for engineering practices. Andersen Tax Services Sdn Bhd., a subsidiary of Andersen Malaysia, is organizing an e-invoicing forum in collaboration with The Institutions of Engineers, Malaysia (IEM). This forum will bring together expert speakers to discuss how e-Invoicing, will impact engineering practices in Malaysia.

Andersen Malaysia is a member firm of Andersen Global, which provides professional solutions and services to corporations from small to large companies in 170 countries. We specialize in serving clients engaged in tax advisory services, restructuring, or seeking expert solutions for business valuation, accounting, payroll, secretarial and insolvency services. Details about the full range of services are available at https://my.andersen.com


BIODATA OF SPEAKER

Ms. Thisha Gunasilan

Thisha started her career at PwC Malaysia and has more than 17 years of professional experience managing tax engagements across a variety of industries, such as manufacturing, high-technology, property development, construction, hospitality, renewable energy, etc. She specialises in tax planning and structuring, handling disputes with tax authorities, and tax incentive applications. She has been actively involved in the implementation of e-Invoicing for clients.

Thisha is passionate about helping clients navigate the ever-changing tax landscape. She strongly advocates developing tax awareness among her clients and is responsible for timely disseminating tax developments to them. She actively coaches and mentors tax professionals.

She speaks regularly on direct and indirect tax matters at external seminars and writes for various publications.