E-invoice According to New Regulations

According to Clause 2, Article 3 of Decree 123/2020/ND-CP (Effective from July 1, 2022), the regulations are as follows:

Electronic invoices are invoices with or without a tax authority code, presented in electronic data format by organizations or individuals selling goods or providing services using electronic means to record information about the sale of goods or provision of services according to the provisions of the law on accounting and tax law, including cases where invoices are generated from a cash register connected with electronic data transfer to the tax authority, in which:

- Electronic invoices with a tax authority code are electronic invoices issued a code by the tax authority before the organization or individual selling goods or providing services sends them to the buyer.

The tax authority code on the electronic invoice includes a transaction number which is a unique sequence generated by the tax authority's system and a series of characters encoded by the tax authority based on the seller's information provided on the invoice.

- Electronic invoices without a tax authority code are electronic invoices issued by the organization selling goods or providing services to the buyer without the tax authority's code.

The above is the definition of electronic invoices according to the latest regulations.

Sincerely!