Vietnam: 03 rules for searching, provision and use of e-invoice information

According to Article 44 of the Decree No. 123/2020/NĐ-CP of Vietnam’s Government, rules for searching, provision and use of e-invoice information are as follows:

- E-invoice information shall be searched for, provided and used for completing tax procedures, making payments via banks and other administrative procedures; verifying the legitimacy of goods sold on the market.

- E-invoice information must be only searched for and provided by authorized persons in an adequate and timely manner.

- The provided e-invoice information must be used for its intended purposes, serving professional operations within the functions and tasks of the information user, and in a manner that complies with regulations of the Law on protection of state secrets.

Moreover, according to Article 45 of the Decree No. 123/2020/NĐ-CP of Vietnam’s Government, when inspecting goods sold on the market, if e-invoices are used, competent authorities and persons may visit the web portal of the General Department of Taxation to search e-invoice information to serve their administrative purposes and shall not be allowed to demand paper invoices. Entities concerned shall be responsible for using equipment for accessing and searching e-invoice data.

Note: When any failure to search e-invoice data due to unexpected events, incidents or natural disasters causing impacts on the access to the Internet network occurs, competent authorities and persons performing inspection tasks may search e-invoice information by sending messages.

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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