Time of application of e-invoices for enterprises in Vietnam

- Before November 01, 2018

Enterprises and economic organizations that have informed the issue of unauthenticated e-invoices or have registered the use of authenticated e-invoices before November 01, 2018 shall be allowed to continue to use existing e-invoices from its effective date.

Enterprises, economic organizations, business households or individuals that have informed the issue of externally printed or internally printed invoices or have purchased invoices issued by the tax authority for use before November 01, 2018 shall be entitled to continue to use these invoices until end of October 31, 2020 and follow invoice-related procedures as provided in Decree No. 51/2010/ND-CP and Decree No. 04/2014/ND-CP of Vietnam’s Government. If all paper invoices are used before November 01, 2020, they will be transferred to e-invoices and no paper invoices will be printed.

- From November 01, 2018 to October 31, 2020

With respect to businesses newly established during the period from November 01, 2018 to October 31, 2020, if the tax authority informs businesses of implementing e-invoices in accordance with this Decree, these businesses must follow the tax authority’s instructions. If the business fails to meet information technology infrastructure requirements and continue to use the aforesaid invoices, it must send its invoice data to the tax authority by using the Form No. 03 hereto appended and submit its VAT declaration.

- By November 01, 2020

Businesses shall complete the organization of implementing e-invoices and authenticated e-invoices in accordance with Decree No. 119/2018/ND-CP of Vietnam’s Government.

More details can be found in Decree No. 119/2018/ND-CP of Vietnam’s Government, which takes effect from November 01, 2018.

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