E-invoicing an unnecessary burden

With the recent implementation of e-invoicing requirements, many organisations are scrambling to ensure compliance. While the objective of e-invoicing is well-intentioned, its broad application to non-profit entities such as joint management bodies (JMBs), management corporations (MCs) and residents’ associations (RAs) raises significant concerns.

JMBs, MCs and RAs are established to manage and maintain properties on behalf of property owners. Their primary role is to ensure the upkeep of common areas, manage finances responsibly and represent the collective interests of residents.