Commercial Invoice And Proforma Invoice Template for Malaysia

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Key Requirements PROMPT example:

Commercial Invoice And Proforma Invoice

"I need a Commercial Invoice And Proforma Invoice template for my Malaysian manufacturing company that exports electronic components to Singapore, with specific sections for component specifications and export documentation requirements, to be implemented by March 2025."

Document background
Commercial Invoice And Proforma Invoice documents are fundamental to business transactions in Malaysia, serving distinct but related purposes. The Commercial Invoice is a legally binding document that records the final sale of goods or services, including all required elements under Malaysian law such as GST/Sales Tax details, company registration numbers, and complete transaction information. The Proforma Invoice serves as a quotation or preliminary invoice, commonly used in international trade to facilitate customs clearance and provide buyers with estimated costs. These documents are essential for compliance with Malaysian tax authorities, customs requirements, and international trade regulations. They are particularly crucial for businesses engaged in both domestic and international commerce, requiring careful attention to format, content, and regulatory requirements under Malaysian jurisdiction.
Suggested Sections

1. Invoice Header: Company details, invoice number, date, and type (Commercial/Proforma)

2. Buyer Information: Complete legal name and address of the buyer/recipient

3. Seller Information: Complete legal name, address, and registration numbers of the seller

4. Product/Service Details: Itemized list of goods/services with descriptions, quantities, and unit prices

5. Price Calculation: Subtotal, applicable taxes, discounts, and total amount

6. Payment Terms: Payment due date, accepted payment methods, and banking details

7. Currency Information: Specified currency and exchange rate if applicable

Optional Sections

1. Shipping Details: Include when physical goods are being transported - delivery terms, shipping method, and estimated delivery date

2. Export Information: Include for international transactions - HS codes, country of origin, and export declaration details

3. Purchase Order Reference: Include when invoice is tied to a specific purchase order

4. Special Instructions: Include when there are specific handling, packaging, or delivery instructions

5. Tax Exemption Details: Include when the transaction is tax-exempt under Malaysian law

6. Terms and Conditions: Include for complex transactions or when specific conditions apply to the sale

Suggested Schedules

1. Detailed Product Specifications: Technical specifications or detailed descriptions of products when the main invoice contains only basic descriptions

2. Packing List: Detailed breakdown of items, quantities, and packaging details

3. Quality Certificates: When required for specific products or industries

4. Export Documentation: Customs forms, certificates of origin, or other export-related documents when applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Relevant Industries

Manufacturing

Retail

Wholesale Trade

Import/Export

E-commerce

Construction

Professional Services

Technology

Agriculture

Healthcare

Automotive

Energy

Telecommunications

Food and Beverage

Logistics

Relevant Teams

Finance

Accounts Receivable

Sales

Export

Tax

Compliance

Operations

Procurement

Credit Control

International Business

Documentation

Relevant Roles

Accounts Receivable Manager

Finance Director

Export Manager

Billing Coordinator

Tax Accountant

Sales Manager

Procurement Officer

Financial Controller

Credit Controller

Business Development Manager

Operations Manager

Compliance Officer

International Trade Specialist

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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