Vietnam: Summary of latest penalties for violations against regulations on externally printed invoices

According to the Decree No. 125/2020/NĐ-CP of Vietnam’s Government, penalties for violations against regulations on externally printed invoices are specified as follows:

1. Violations against regulations on externally printed invoices

- Fines ranging from VND 500,000 to VND 1,500,000 shall be imposed for acts of failing to sign invoice printing service contracts or printing externally ordered invoices for use without obtaining any invoice printing decision from representatives as provided in laws

- Fines ranging from VND 2,000,000 to VND 4,000,000 shall be imposed for acts of ordering the service of printing of invoices after receipt of the supervisory tax authority’s written notice of ineligibility to order the invoice printing service, except when the supervisory tax authority does not give any written opinion upon receiving the request for use of externally printed invoices.

- Fines ranging from VND 20,000,000 to VND 50,000,000 shall be imposed for the act of ordering the service of printing invoices by using sample invoices already released by other entities or persons, or the act of ordering of the service of printing invoices if printed invoices share the same numbers as those having the same invoice symbol.

2. Violations against regulations on printing of externally ordered invoices

- Cautions shall be given as a form of penalty imposed for the following violations:

+ Reporting on the acceptance of the supply of invoice printing service from 1 to 5 days after expiry of the regulated time limit;

+ Reporting on the acceptance of the supply of invoice printing service from 6 to 10 days after expiry of the regulated time limit under any mitigating circumstances.

- Fines ranging from VND 500,000 to VND 1,500,000 shall be imposed for the act of printing externally ordered invoices without signing any written printing service contract.

- Fines ranging from VND 2,000,000 to VND 4,000,000 shall be imposed for the act of reporting on the printing of invoices for at least 6 days after the regulated reporting deadline, except the case prescribed in point b of clause 1 of this Article.

- Fines ranging from VND 4,000,000 to VND 8,000,000 shall be imposed for the act of failing to cancel damaged or redundant printouts upon termination of printing contracts.

- Fines ranging from VND 6,000,000 to VND 18,000,000 shall be imposed for one of the following violations:

+ Rendering the service of the printing of externally ordered invoices despite failing to meet the prescribed eligibility requirements for printing of invoices;

+ Failing to report on the loss of invoices occurring before delivery to clients.

- Fines ranging from VND 10,000,000 to VND 20,000,000 shall be imposed for the act of transferring the entire printing process or any stage in the printing process to other printing establishments.

- Fines ranging from VND 20,000,000 to VND 50,000,000 shall be imposed for the act of printing invoices by using sample invoices already released by other entities or persons, or the act of ordering of the service of printing invoices if printed invoices share the same numbers as those having the same invoice symbol.

View more details at the Decree No. 125/2020/NĐ-CP of Vietnam’s Government, effective from December 05, 2020.

Thuy Tram

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