Independent sales invoices with revenue from 1 billion VND/year
The Ministry of Finance is drafting a Decree regulating the declaration, calculation of taxes, tax deductions and use of electronic invoices for business households and individuals (2nd time).
Accordingly, business households and individuals with annual revenue of VND 1 billion or more must apply electronic invoices with codes of tax authorities, electronic invoices generated from cash registers with data connection with tax authorities according to the provisions of Clause 8, Article 1 of Decree No. 70/2025/ND-CP dated March 20, 2025 of the Government.
In case a business household or individual has many business locations, the tax code of the business household or individual must be clearly stated on the invoice for each business location.
Business households and individuals with annual revenue of over VND500 million and under VND1 billion are not required to use electronic invoices with codes of tax authorities or electronic invoices generated from cash registers with data connection with tax authorities.
In case the conditions for information technology infrastructure are met and there is a need to use electronic invoices, the tax authority encourages and supports business households and individuals to register to use electronic invoices with the code of the tax authority or electronic invoices generated from cash registers with data connected to the tax authority.
In case a business household or individual does not register to use an electronic invoice and needs to use an electronic invoice, they must declare and pay the tax before the tax authority issues an electronic invoice with the tax authority's code for each time a transaction of selling goods or providing services arises.
The order and procedures for registering to use electronic invoices and electronic invoice registration forms are implemented according to the instructions of the Ministry of Finance.
Raising the threshold for applying electronic invoices to 3 billion VND
Regarding the threshold for applying electronic invoices to business households, recently, the Vietnam Federation of Commerce and Industry (VCCI) said that applying electronic invoices with codes is necessary to increase transparency and prevent tax fraud. However, the proposed revenue threshold of 1 billion VND is not really reasonable, because it is not compatible with the revenue levels currently used in the current tax calculation method such as the threshold of 3 billion VND or 50 billion VND.
According to VCCI, the revenue of 1 billion VND is relatively low, only about 500 million VND higher than the non-taxable threshold, while many businesses at this scale still have limited financial capacity and management qualifications.
The results of a quick survey conducted by VCCI in June 2025 show that even for business households with a revenue of over 1 billion VND, the implementation of electronic invoices connected to tax authorities still faces many difficulties.
The shortage of investment capital accounts for 32% in rural areas and 23% in urban areas; the lack of knowledge and technological skills accounts for 77% in rural areas and 67% in urban areas.
VCCI believes that applying electronic invoices with tax authorities' codes is an inevitable trend, but it needs to be designed appropriately to avoid creating more pressure for small-scale business households. Therefore, this organization recommends that the drafting agency consider raising the threshold to a revenue of over 3 billion VND, corresponding to the threshold of starting to apply the method of calculating tax according to profit.
For business households with revenue below this threshold, the tax authority can strengthen supervision through exploiting data from many sources, instead of requiring the application simultaneously.
In fact, many business households are worried about being forced to issue sales invoices with revenue from 1 billion VND/year due to many expenses during operation.
On December 26, 2025, in Hanoi, the Dialogue Conference between the Ministry of Finance and taxpayers on tax and customs administrative policies and procedures in 2025, organized by the Ministry of Finance in coordination with the Vietnam Federation of Commerce and Industry (VCCI), will officially take place.
Conference on direct collaboration online on the Electronic Information Portal. The program focuses on introducing new administrative policies and procedures in the tax and customs sectors, while taking time for direct and online dialogue for management agencies to answer questions and recommendations from taxpayers.
Through the conference, state management agencies listened to opinions from practice, promptly removed obstacles, contributing to improving transparency and efficiency in implementing tax and customs policies.
