Vietnam: 02 cases that entities are not required to pay service charges for use of authenticated e-invoices

According to Article 14 of the Decree No. 123/2020/NĐ-CP of Vietnam’s Government, the following entities are not required to pay service charges for a period of 12 months from the date of commencement of the use of authenticated e-invoices:

- Small- and medium-sized enterprises, cooperatives, household and individual businesses that operate in disadvantaged areas or extremely disadvantaged areas. Disadvantaged areas or extremely disadvantaged areas are defined in the List of areas eligible for investment incentives enclosed with the Government’s Decree No. 118/2015/ND-CP dated November 12, 2015 and its amending or superseding documents (if any).

- Other small- and medium-sized enterprises which are defined according to the requests of the provincial People’s Committees submitted to the Ministry of Finance, except enterprises operating in economic zones, industrial parks or hi-tech zones.

Moreover, the General Department of Taxation shall directly provide or entrust e-invoice service providers to provide free of charge authenticated e-invoices for the above-mentioned entities.

Note: When using authenticated e-invoices or unauthenticated e-invoices provided by e-invoice service providers, enterprises, business entities, household and individual businesses shall pay service charges under terms and provisions of the signed contracts.

View more details at the Decree No. 123/2020/NĐ-CP of Vietnam’s Government, effective from July 01, 2022.

Le Vy

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