Across Southeast Asia, governments are actively introducing regulations and incentive schemes to accelerate business adoption of e-invoicing. The next phase of trade liberalisation and deeper multilateral cooperation underscores Southeast Asia’s strategic position in an increasingly dynamic and interconnected global economy.
Malaysia e-Invoicing and MyInvois Requirements
To support the growth of the digital economy, the Inland Revenue Board of Malaysia (IRBM) is implementing e-invoicing in stages to enhance tax administration management. This will be through the IRBM’s MyInvois Platform. Platform.
To help businesses prepare for the transition, the Malaysian government is offering SMEs a tax deduction of up to RM50,000 per year of assessment on eligible expenses related to e-invoicing implementation. This incentive is available until 2027.
Singapore e-Invoicing and InvoiceNow Requirements
The Infocomm Media Development Authority (IMDA) in Singapore introduced the nationwide e-invoicing network, InvoiceNow, in 2019 to facilitate the direct transmission of invoices in a structured digital format across finance systems.
Starting from May 2025, GST InvoiceNow enabled businesses to send e-invoice data to IRAS via accredited providers, offering benefits such as faster GST refunds, automated alerts, fewer audits and improved risk assessment.
Indonesia e-Invoicing and e-Faktur Requirements
Indonesia’s electronic invoicing system, e-Faktur, has been mandatory since July 2016 for taxpayers with annual sales exceeding IDR 4.7 billion.
In July 2024, the government revealed plans to develop the Core Tax System (Pembaruan Sistem Inti Administrasi Perpajakan, or PSIAP) aimed at automating and digitising tax administration services. This system will allow taxpayers to independently access services, automatically fill out tax return forms and enhance transparency for taxpayers.
Thailand e-Invoicing and e-Tax System Requirements
The Thai e-Tax Invoice and e-Receipt system is a government-endorsed digital initiative aimed at modernising tax processes in Thailand. Introduced by the Revenue Department (RD), this system enables businesses to issue, transmit and store tax invoices and receipts electronically, replacing traditional paper-based methods. The goal is to establish a fully integrated digital tax ecosystem for all Thai businesses by 2028.
Thailand’s Revenue Authority has approved several incentives for taxpayers to adopt the e-Tax System. Eligible companies can benefit from double deductions for Corporate Income Tax for expenses relating to the investment in the e-Tax invoice and e-Receipt systems, as well as a reduced Withholding Tax Rate of 1% for specific payments made through the e-Tax system.
Philippines e-Invoicing and BIR Requirements
The Philippines’ Bureau of Internal Revenue (BIR) mandates e-invoicing for the majority of taxpayers and e-commerce businesses. Businesses must comply with the Electronic Invoicing System (EIS) portal, electronic invoice reporting, and tax regulations.
Under the CREATE MORE (Corporate Recovery and Tax Incentives for Enterprises to Maximise Opportunities for Reinvigorating the Economy) Act, signed in November 2024, the Philippines introduced a law reducing corporate tax rates from 25% to 20%, aiming to attract foreign investment.
Vietnam e-Invoicing and Lucky Invoice Requirements
Since July 2022, Vietnam has mandated the issuance of electronic invoices for organizations, companies and individuals providing goods or services, with continued government efforts to encourage adoption.
One such initiative is the ‘lucky invoice’ programme, which rewards consumers for requesting invoices to combat tax evasion. Under the scheme, eligible invoices issued through the national e-invoicing system are automatically entered into periodic prize draws, giving consumers an incentive to request a valid invoice every time they make a purchase.
Additionally, the government has launched public awareness campaigns highlighting the long-term benefits of e-invoicing. At the end of 2024, 92,080 business establishments had registered to use e-invoices generated via cash registers, a significant 2.3-fold increase compared to 2023.
Simplified Global E-Invoicing Compliance with SAP Business One
To support your enterprise in meeting e-invoicing regulations, it is essential to invest in a centralised system capable of managing end-to-end business and financial operations, tax reporting and other regulatory compliance requirements. SAP Business One is an excellent example of a platform capable of meeting the moment.
Be One Solutions offers a strong international presence, providing localised language support tailored to the specific needs of each entity’s country and language. Our global team ensures your users receive seamless, multilingual assistance across each time zone.
Preparing Your Business for e-Invoicing Compliance Across Southeast Asia
E-invoicing is rapidly transforming the business landscape across Southeast Asia, fuelled by bold government initiatives and ambitious digital transformation goals.
As companies embrace these advanced tax ecosystems, they unlock greater efficiency, seamless compliance and a more interconnected regional trade network, positioning themselves at the forefront of a smarter, more agile digital economy.
