Payment Terms Legislation In Malaysia

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Malaysia

Please scroll down for a summary of payment terms in Malaysia and the various industries across which payment term legislation appears.

To access the complete international payment terms data, download the international payment terms whitepaper.

Industries Laws Codes Notes Interest Rate
Government
Comm_terms_law
Construction
Manufacturing
Retail_agriculture
Services

Notes

Arahan Perbendaharaan (Treasury Instructions) AP 103 of the Malaysian government requires all public entities to pay bills within 14 days of receipt. The Arahan Perbendaharaan was updated in 2023 (Pindaan 2023), replacing the 2008 version.

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