Malawi Broadcasting Corporation
Business Economy

MRA rolls out Electronic Invoicing System nationwide

The Malawi Revenue Authority (MRA) has announced the full rollout of the Electronic Invoicing System (EIS), aimed at improving efficiency and tax compliance.

In a statement, Commissioner General Felix Tambulasi said the system replaces the outdated Electronic Fiscal Devices (EFDs), which had become costly and inefficient for businesses.

“The Electronic Invoicing System is not a new tax. It is simply a new, modern and efficient system for issuing invoices and managing tax records,” said Tambulasi.

He noted that the transition has already gained momentum, with over 7,500 of the 9,000 VAT-registered operators now using the platform. He described this as “a strong indication that the system is workable and beneficial.”

Addressing resistance from some traders, he expressed concern over shop closures.
“Such actions are counterproductive. The closure of shops negatively affects businesses themselves and undermines the growth of the Malawi economy,” added Tambulasi.

He further clarified misconceptions surrounding VAT, emphasising that “businesses simply collect and remit VAT to Government.”

The Commissioner General has since urged all businesses to adopt the system and resume operations, assuring continued technical support during the transition period.

#MBCDigital
#Manthu

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