Malaysia: Updated and new documentation are published
The Malaysia Inland Revenue Board has published updated e-invoicing guidelines, which are now on version 2.0. The update includes details on new topics, namely transactions
The Malaysia Inland Revenue Board has published updated e-invoicing guidelines, which are now on version 2.0. The update includes details on new topics, namely transactions
September 13, 2023 The Thailand Department of Revenue recently published P.C.S 32.2023. The memo provides the Thailand Cabinet passed a resolution on September 13, 2023,
As of October 1, 2023, Laos will impose VAT registration requirements on foreign providers of digital goods, digital services, and digital platform services. According to
The Saudi Arabian Tax and Customs Authority, ZATCA, announced the eighth wave of Phase 2 of e-invoicing. The eighth wave covers taxpayers with at least
As announced in Fiji’s National Budget for 2023-2024 by the Fiji Revenue and Customs Service, the standard VAT rate increased from 9% to 15% for
The Saudi Arabian Tax and Customs Authority, ZATCA, announced the seventh wave of Phase 2 of e-invoicing. The seventh wave covers taxpayers with at least
On July 11, 2023, the Ministry of Finance of the United Arab Emirates (UAE) announced five major strategic transformational projects which aim to advance the
Saudi Arabian Tax and Customs Authority, ZATCA, extended the “Cancellation of Fines and Exemption of Penalties Initiative” until December 31, 2023. This initiative covers fines
The Inland Revenue Board of Malaysia (IRBM) has issued a guideline today regarding the implementation details of the upcoming e-invoicing mandate. According to the guideline,
Confirmation of Sovos Accreditation Sovos has been granted accreditation as a Peppol Service Provider by the Malaysia Digital Economy Corporation (MDEC). We are authorized to
On June 30, 2023, the Vietnamese government issued Decree 44/2023/ND-CP on the 2% VAT rate reduction from 10% to 8% lasting from July 1, 2023,
The Saudi Arabian Tax and Customs Authority, ZATCA, announced the fifth wave of Phase 2 of e-invoicing. The fifth wave covers taxpayers with at least
In July 2023, the French authorities postponed the implementation timeline. A new timeline will be announced with the adoption of the finance law for 2024.
According to the latest global market report, Billentis, the Asia Pacific region is expected to achieve the highest annual e-invoice volume growth rates compared to Latin America
As we reported earlier, Israel’s government approved the 2023-2024 budget on 24 February 2023, setting the stage for the adoption of the CTC model. Since
The Saudi Arabian Tax and Customs Authority (ZATCA) decided to suspend the implementation of e-invoicing for the supplies of eligible used cars until a future
The Inland Revenue Board of Malaysia published a press release on 22 May 2023 and announced the implementation timeline of the upcoming e-invoicing mandate. As per the announcement,
Japan’s new e-invoice retention requirements are part of the country’s latest Electronic Record Retention Law (ERRL) reform. Along with measures such as the Qualified Invoice