Malaysia’s Inland Revenue Board has launched E-Invois Phase 4 and Self-Assessment Stamp Duty System (STSDS) Phase 1 effective January 1, 2026, targeting businesses with annual income up to RM5 million. This initiative replaces the outdated STAMPS system, enhancing efficiency and compliance while exempting micro-enterprises with turnover below RM1 million from costs.
Jeffri Shahul Hamid, Founder of Enginemailer, emphasizes the importance of building Malaysia’s digital economy from the ground up, particularly for SMEs, which form 97% of businesses. By simplifying digital tools and ensuring accessibility, he believes Malaysia can foster a robust and inclusive digital landscape, emphasizing communication as the starting point for transformation.
BY TENGKU NOOR SHAMSIAH TENGKU ABDULLAH KUALA LUMPUR, APRIL 8 – Prime Minister Dato’ Seri Anwar Ibrahim today urged ASEAN businesses to intensify regional integration and diversify partnerships amid escalating global trade tensions triggered by sweeping new U.S. tariffs. In his keynote address at the ASEAN Investment Conference, Anwar said the region must “move beyond…
