Vietnam: What is the deadline for sending reports on use of invoices purchased from tax authorities?

Vietnam: What is the deadline for sending reports on use of invoices purchased from tax authorities? (Illustration)

In Draft Decree on invoices and records, the report on use of invoices purchased from tax authorities and the list of invoices used during the period in Vietnam are stipulated as follows:

- Quarterly, organizations, households, and individuals who purchase invoices from the tax authority in Vietnam are responsible for submitting the report on the use of invoices and the list of invoices used during the period to the supervisory tax authority.

The report on the use of invoices in the first quarter must be submitted no later than April 30; the second quarter no later than July 30; the third quarter no later than October 30; and the fourth quarter no later than January 30 of the following year (form number 12/HDG Appendix 1 issued together with this Decree).

Where no invoices are used during the period, enterprises,and business entities shall submit the report on the use of invoices indicating the number of invoices used as zero (=0), without sending the list of invoices used during the period.

- Organizations, households, and individuals selling goods and providing services are responsible for submitting the report on the use of invoices and the list of invoices used during the period when dividing, separating, merging, dissolving, going bankrupt, changing ownership; transferring, selling, entrusting, or leasing state-owned enterprises together with the deadline for submitting tax finalization dossiers.

- Where organizations, households, and individuals move their business locations to another area under a different tax authority’s management, they must submit the report on the use of invoices and the list of invoices used during the period to the tax authority of the location being moved from.

More details can be found in Draft Decree prescribing invoices and records.

Thuy Tram

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