KUALA LUMPUR: We are proud to announce that Wavelet Solutions Sdn Bhd has been prominently featured in a recent article by KLSE Screener. The piece, titled Expert Advice on LHDN E-Invoicing Implementation, provides invaluable insights into the upcoming Inland Revenue Board (LHDN) e-invoicing regulations and highlights the expertise of our esteemed Chief Executive Officer, Vincent Lee.
Vincent Lee shared his professional advice on how Malaysian businesses can seamlessly transition to the new e-invoicing system. He emphasized the importance of using the LHDN API to ensure compliance with local tax regulations and to enhance operational efficiency. Additionally, Lee discussed the merits of integrating with the Pan-European Public Procurement On-Line (Peppol) framework to support businesses engaged in international trade.
The article outlines the phased implementation of the MyInvois system, starting in August 2024 for large companies and expanding to smaller enterprises by January 2025. This system aims to transform financial transaction handling, covering various transaction types and ensuring comprehensive tax compliance and operational efficiency.
For businesses navigating the complexities of e-invoicing, Wavelet Solutions offers top-tier guidance and support. Recognized by Amazon Web Services as the “Software Partner of the Year for Asean 2023,” we are committed to helping businesses leverage these technologies to their fullest potential.
Read the full article on KLSE Screener here.
