Malaysia
malaysia

New Currency Exchange Rate Requirement for
Electronic Invoices in Malaysia

Starting September 1, 2025, electronic invoices issued in foreign currencies must include mandatory currency exchange rates to Malaysian Ringgit.

The Malaysian government has introduced significant changes to the electronic invoicing system, implementing new regulations for invoices issued in foreign currencies. According to the new legislation, all electronic invoices prepared in foreign currencies must include currency exchange rate information against the Malaysian Ringgit (MYR) starting from September 1, 2025.

Non-Compliant Invoices Will Be Rejected

Under the new regulation, invoices that do not contain the required currency exchange rate information will be automatically rejected by the system. This situation could directly impact companies’ business operations, revenue records, and statutory reporting processes.

Compliance Call for Businesses

Companies operating in Malaysia and conducting transactions in foreign currencies are advised to review their existing systems and processes. Experts emphasize that necessary technological infrastructure updates should be implemented without delay to ensure accurate recording of currency exchange rate data.

The primary objective of the new regulation has been announced as ensuring accurate currency conversions for compliance purposes. The announcement also noted that the legislation may change at any time, and necessary updates will be made accordingly.

https://www.hasil.gov.my/en/e-invoice/

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