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e-Invoicing

Implementation of e-Invoicing

The Government intends to implement e-Invoice in stages in an effort to enhance the efficiency of Malaysia’s tax administration management. In line with the Government’s plan, Zurich Malaysia* will also be implementing e-Invoice effective from 1 August 2024.

(*Zurich Malaysia refers to Zurich Life Insurance Malaysia Berhad, Zurich General Insurance Malaysia Berhad, Zurich Takaful Malaysia Berhad and Zurich General Takaful Malaysia Berhad)

However, please be informed that the members of the Insurance Industry Associations (i.e. LIAM, PIAM, MTA), including Zurich Malaysia, are granted approval by Inland Revenue Board of Malaysia ("IRBM") to issue consolidated e-Invoice for all its provision of products and services and are not required to issue validated e-Invoice to customers for individual transactions during the period of 1 August 2024 to 30 June 2025.

As such, Zurich Malaysia will only start to issue validated e-Invoices to customers for all transactions starting 1 July 2025 onwards.

Based on the latest e-invoicing guidelines as issued by IRBM, please note that there is no requirement for the businesses / individuals to obtain validated e-invoices from Zurich Malaysia for income tax deduction / relief purposes at this juncture.