NOTICE ON APPLICATION OF ELECTRONIC INVOICE FROM 2022

Circular 78/2021/TT-BTC stipulating a number of contents on e-invoices, including: authorization to make e-invoices; sample display of various types of electronic invoices; electronic invoice model number symbol, electronic invoice symbol; change to apply electronic invoices with tax authority’s code; apply e-invoices to a number of other cases; e-invoices with the tax authority’s code are generated from the cash register with an electronic data transfer connection with the tax authority; Criteria for selection of an e-invoice service provider to sign a contract to provide e-invoice services with tax authority’s code and services of receiving, transmitting and storing invoice data and services other relevant.

Circular 78/2021/TT-BTC takes effect from July 1, 2022.

Agencies, organizations and individuals that meet the conditions on information technology infrastructure are encouraged to apply regulations on electronic invoices and documents under the guidance in Circular 78/2021/TT-BTC and Decree No. 123/2020/ND-CP before July 1, 2022.

E-invoices apply to business households and individuals from July 1, 2022.

Particularly, the case specified in Clause 1, Article 14 of Decree 123/2020/ND-CP does not conduct transactions with tax authorities by electronic means, does not have information technology infrastructure, does not have an accounting software system. If there is no e-invoicing software to use e-invoices and to transmit electronic data to the buyer and to the tax office, a paper invoice issued by the tax authority must be used for a maximum period of 12 months. At the same time, the tax authority has a solution to gradually switch to applying electronic invoices. The maximum period of 12 months is counted once from July 1, 2022 for business households and individuals that have been operating since before July 1, 2022; or from the time of registration, start using invoices for business households and individuals newly established from July 1, 2022.

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Dong Du International Accounting & Legal Consulting Group Vietnam, A member of OneSMP Singapore, Southeast Asia Business Consulting Network, we specialize in accounting services, corporate tax advice, legal advice, business training, human resource consulting, product & market surveys…over 15 years up to now in the Vietnam market. Currently, we have also built a team of foreign experts from Japan, Taiwan, Europe, Singapore, Thailand, Cambodia … to help customers inside and outside Vietnam to expand appropriate business opportunities as well as possible.

[SETTING UP COMPANY, ACCOUNTING, TAX, LAW COMPLIANCE, HR…IN HO CHI MINH, VIET NAM FOR FOREIGN INVESTORS]

Home page: www.japanvietnam.com.vn. ; https://ddbis.edu.vn.
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In case you have any question, please contact us at tonitran01092020@gmail.com or Tel/ zalo/Whatapps: 090 925 7602 for your references.

 

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