What are regulations on enforcement by suspension of use of invoices in Vietnam?
What are regulations on enforcement by suspension of use of invoices in Vietnam? What are rules for issuance, management and use of electronic invoices regarding tax administration in Vietnam? What are regulations on electronic invoice-related services regarding tax administration in Vietnam?
What are regulations on enforcement by suspension of use of invoices in Vietnam?
Hello Lawnet. I would like to ask about the regulations on enforcement by suspension of use of invoices in Vietnam according to the Law on Tax Administration in 2019 in Vietnam.
Answer:
Pursuant to Article 132 of the Law on Tax Administration in 2019 stipulating as follows:
Tax authorities shall announce suspensions of use of invoices on their websites and mass media within 24 hours.
Above are regulations on enforcement by suspension of use of invoices in Vietnam.
What are rules for issuance, management and use of electronic invoices regarding tax administration in Vietnam?
Hello Lawnet. I would like to ask about the latest regulations on rules for issuance, management and use of electronic invoices regarding tax administration in Vietnam. Thank you!
Answer:
Pursuant to Article 90 of the Law on Tax Administration in 2019 stipulating rules for issuance, management and use of electronic invoices regarding tax administration in Vietnam as follows:
- When selling goods/services, the seller shall issue and send electronic invoices to buyers. The electronic invoices shall follow standard formats and contain sufficient information in accordance with tax laws and accounting laws, regardless of the value of each sale.
- The sellers that use cash registers shall register to use electronic invoices generated by cash registers that are digitally connected to the tax authorities.
- The registration, management and use of electronic invoices in sale of goods/services shall comply with regulations of law on electronic transactions, accounting and tax.
- Electronic invoices shall be authenticated by tax authorities according to information provided on the invoices by the enterprises, business organizations, other organizations, household businesses and individual businesses. Enterprises, business organizations, other organizations, household businesses and individual businesses are held responsible for the accuracy of information on their invoices.
What are regulations on electronic invoice-related services regarding tax administration in Vietnam?
Hello Lawnet. I would like to ask about the latest regulations on electronic invoice-related services regarding tax administration in Vietnam. Thank you!
Answer:
Pursuant to Article 92 of the Law on Tax Administration in 2019 stipulating electronic invoice-related services regarding tax administration in Vietnam as follows:
- Electronic invoice-related services include provision of unauthenticated electronic invoice-related solutions, transmission of unauthenticated electronic invoices from taxpayers to tax authorities, and services related to authenticated electronic invoices.
- Providers of electronic invoice-related services include providers of electronic invoice-related solutions, electronic invoice transmission and storage services, and services related to authenticated electronic invoices
- The Government shall elaborate this Article; provide for the cases of charged and free-of-charge use of authenticated electronic invoices, the cases in which unauthenticated electronic invoices may be used through providers of electronic invoice-related services.
- The Minister of Finance shall specify criteria for selection of providers of authenticated electronic invoice-related services, electronic invoice transmission and storage services, and relevant services.
Best regards!
