KUALA LUMPUR (Feb 12): Micro, small, and medium enterprises (MSMEs) will not face any penalties for any non-compliance with e-invoicing requirements during the transition period, provided that they adhere to the specified guidelines. In a written reply published on Parliament’s website on Wednesday, the Ministry of Finance (MOF) said that during the transition, businesses are allowed to take certain steps, including issuing consolidated e-invoices for all activities and transactions, as well as consolidated self-billed e-invoices for all self-billed transactions. “Businesses are also permitted to include transaction descriptions in the ‘Product or Service Description’ field. If a buyer requests an e-invoice, the business may issue a consolidated e-invoice without having to generate separate e-invoices for each transaction,” the ministry said. The MOF also said that the government has announced additional facilitation measures for Phase 4 of the e-invoicing implementation, which began on Jan 1, 2026, where businesses are granted an extended 12-month transition period, from Jan 1 to Dec 31, 2026, compared with the previous six-month transition period in the earlier phases.

Source: The Edge Markets February 11, 2026 17:06 UTC