Regulations on management of risks in managing invoices, records in Vietnam

Regulations on management of risks in managing invoices, records in Vietnam
Bảo Ngọc

Below is the remarkable new content at Circular 31/2021/TT-BTC stipulating regulations on management of risks in managing invoices, records in Vietnam

According to the Circular, based on the list of taxpayers classified by risk levels in the management of invoices and documents in Article 13 of Circular 31, the tax authority shall apply the following management measures:

- High risk:

  • Include high-risk taxpayers in the list of taxpayers to be reviewed or subject to inspection at tax authorities;

  • Consider placing them under the annual plan for inspection or audit of taxpayers at their premises according to the Law on tax administration, its guiding documents and relevant legislative documents;

  • Based on inspection or audit results, taxpayers are requested to buy invoices from tax authorities, or use authenticated e-invoices or comply with other invoice management measures in accordance with regulations in force;


    Tax authorities shall decide the form of invoices used by taxpayers that use invoices for the first time.

- Medium and low risks: Select samples for reviewing, inspecting, processing and assisting taxpayers in strictly complying with regulations of law on invoices.

Circular 31/2021/TT-BTC takes effect from July 2, 2021.


20 lượt xem
Notable documents of Vietnam in the previous week (from February 20 to February 26, 2023)

Requirements for participating in the input quality accreditation of officials; Criteria for assessment of the result of professional training in firefighting ...

Vietnam to study solutions to e-invoices generated from cash registers regarding food services

​On February 23, 2023, the Prime Minister of Vietnam promulgated

On February 15, 2023, the Government of Vietnam promulgated Decree No.

  • Address: 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City
    Phone: (028) 7302 2286
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
P.702A , Centre Point, 106 Nguyen Van Troi, Ward 8, Phu Nhuan District, HCM City;