Enterprises and Individuals Who Wish to Use Electronic Invoices Must Register

According to the new regulations, organizations, enterprises, and individuals must register before using e-invoices with or without a tax authority code.

The issuance of e-invoices is regulated as follows:

1. E-invoices with a tax authority code

- Enterprises, economic organizations, other organizations, households, and individuals conducting business, if accessing the General Department of Taxation's electronic portal to issue invoices, must use the account issued upon registration to:- Issue invoices for the sale of goods and provision of services.- Sign electronically on the issued invoices and send the invoices to the tax authority for code issuance.- Enterprises, economic organizations, other organizations, households, and individuals conducting business, if accessing the electronic portal of an e-invoice service provider or using the e-invoice software of their unit to:- Issue invoices for the sale of goods and provision of services.- Sign electronically on the issued invoices and send the invoices through the e-invoice service provider to the tax authority for code issuance.

2. E-invoices without a tax authority code

Enterprises and economic organizations use e-invoice software to issue e-invoices when selling goods and providing services, sign electronically on the e-invoices, and send them to the buyers electronically in accordance with the agreement between the seller and the buyer.

Decree 119/2018/ND-CP is effective from November 01, 2018.

- Thanh Lam -

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE