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Showing posts from July, 2025

Jordan E-Invoicing Revolution: Everything You Need to Know About JoFotara

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  Jordan is undergoing a major digital transformation with the rollout of JoFotara, the national e-invoicing platform. Spearheaded by the Income and Sales Tax Department (ISTD) and the Ministry of Digital Economy and Entrepreneurship (MDEE), this initiative is central to efforts aimed at enhancing transparency, improving tax compliance, and digitizing business transactions across the country. As of April 1, 2025, Jordan e-invoicing  through JoFotara is mandatory for all B2B, B2C, and B2G transactions. Businesses are now required to issue electronic invoices in a structured format, validated by  ISTD , to ensure they are tax-deductible and legally recognized. What Is JoFotara? JoFotara is Jordan’s centralized platform for issuing, validating, and storing electronic invoices. When a business issues an invoice, it is submitted to the Jordan e-invoicing system for validation. Once approved, the platform generates a unique QR code, confirming the invoice’s authenticity. Invoic...

Understanding the e-Invoicing Obligation in Donation and Contribution Requirements in Malaysia

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  As Malaysia accelerates its transition toward a nationwide   electronic invoicing system , organisations across sectors are reviewing how the new framework applies to their specific operations—including the handling of donations and contributions. For non-profits, religious bodies, and charitable institutions, this is particularly important to ensure compliance with the evolving regulations under the Income Tax Act 1967 and the LHDN e-Invoice Guideline. One critical area to focus on is the e-invoicing obligation in donation scenarios. In this article, we outline the key e-invoicing obligation in donation and contribution cases, based on the latest guidance issued by the Inland Revenue Board of Malaysia (LHDN). 1. Are e-Invoices Required for Donations or Contributions? Yes, e-Invoices—whether individual or consolidated—must be issued for donations or contributions received, with the following exceptions: Religious institutions or organisations established exclusively for th...