Singapore, 18/February/2025: Hotelogix, a globally leading cloud-based hospitality technology provider, has applied e-invoicing for lodges working in Malaysia. With this, hospitality entities in Malaysia utilizing Hotelogix Lodge Property Administration System (Lodge PMS) can automate the entire course of—producing e-invoices immediately from the system to get them verified by the Malaysian tax authority’s web site. Most significantly, it assists lodges in turning into compliant with tax laws.
The Malaysian Inland Income Board, referred to as Lembaga Hasil Dalam Negeri Malaysia (LHDNM) in Malay, applied necessary e-invoicing for companies beginning in August 2024. Beneath this regulation, lodges, like different enterprises, should adjust to particular bill codecs and breakdowns of fees and keep record-keeping and safety measures. The target was to spice up the federal government’s tax administration effectivity whereas eliminating the possibilities of tax evasion.
Hospitality is likely one of the main industries in Malaysia. In 2025, the {industry} is projected to succeed in about $1.289 billion in income. Plus, with an annual development fee of three.42% from 2025 – 2029, additionally it is anticipated to the touch a market quantity of $1.484 billion by 2029.
Talking about this improvement, Sivaprasad Gangadharan, Chief Gross sales Officer at Hotelogix, mentioned, «Malaysia’s tourism {industry} contributes about 15% to the nation’s GDP, and as a number one Lodge PMS vendor, it’s our accountability in direction of our prospects right here to supply a dependable answer that not solely make lodges compliant with authorities laws but additionally assist them enhance their enterprise and digitize them for the trendy world.»
About Hotelogix
Hotelogix is a globally main cloud-based hospitality expertise options supplier of industry-first Multi-property Administration System, Lodge PMS, and Cell PMS App for impartial and lodge teams. We’ve the outstanding feat of implementing essentially the most in depth multi-property deployment of 70000+ rooms throughout 500+ properties below a single group. By way of our distribution model AxisRooms, we additionally provide Channel Supervisor, Charge Procuring, and Income Administration options. We’ve earned the belief of 12,000+ lodges in 100+ nations, together with South Asia, Southeast Asia, the Center East, LATAM, Europe and North America. We’ve been instrumental in driving their development whereas serving to them promote extra rooms on the optimum fee and serving visitors higher. Hotelogix is headquartered in Singapore with workplaces within the USA, India, UAE, Thailand, and the Philippines.
For extra info, go to https://www.hotelogix.com.
Contact
Debi Prasad Sarangi
Ph: +91 9986496849
Electronic mail: [email protected]
Debi Prasad Sarangi
Company Communications Specialist
+91 9986496849