Do foreign invoices have to be translated into Vietnamese? Will you be fined for failure to translate accounting records in foreign language to Vietnamese? - Thanh Thuong (Nghe An)
Recently, the Government of Vietnam has issued the Decree No. 125/2020/NĐ-CP regulating administrative penalties for tax or invoice-related violations.
Recently, the Government of Vietnam has issued the Decree No. 125/2020/NĐ-CP regulating administrative penalties for tax or invoice-related violations. This Decree has specified provisions on common invoice-related violations, applied in Vietnam from December 05, 2020.
This is a notable content of Decree No. 125/2020/NĐ-CP prescribing administrative penalties for tax or invoice-related violations issued by the Government of Vietnam on October 19, 2020. According to this Decree, new fines for causing the loss, burning, cancellation, destruction or elimination of invoices will apply from December 05, 2020.
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