Vietnam Issues New E-Invoices Decree – Issuing e-invoices

Issuing e-invoices

Companies need to register before they use e-invoices (with or without tax codes) to get approval from the tax authorities through the General Department of Taxation’s website.

Business and individuals selling goods or providing services need to issue an e-invoice (with or without tax codes) to the buyer in a standardized format prescribed by the tax authorities. They are required to provide all the necessary information, regardless of the invoice value.

In case a POS system is used, the seller needs to register for the use of e-invoices sent by the POS system for online transfer of data with the tax department.

E-invoices can be converted into paper invoices for accounting purposes but cannot be used as valid invoices for conducting transactions.

 

This text is part of a more complete analysis available for free.

Read the full article on Vietnam Briefing.


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