Business households leasing assets exceeding 1 billion VND must pay attention to this regulation

Song Anh |

Household businesses leasing assets are only required to apply electronic invoices when annual revenue exceeds 1 billion VND as prescribed.

Household businesses leasing assets with annual revenue over 1 billion VND are required to apply electronic invoices according to regulations. Meanwhile, in case of revenue from 1 billion VND or less, electronic invoices are not required, but they can still register to use them if they meet the conditions and have demand.

Based on Clause 1, Article 4 of Decree 123/2020/ND-CP amended by Point a, Clause 3, Article 1 of Decree 70/2025/ND-CP, when selling goods and providing services, sellers must make invoices to deliver to buyers according to regulations.

For business households and individual businesses, the use of electronic invoices is implemented according to Clause 5, Article 8 of Decree 68/2026/ND-CP amended by Clause 2, Article 1 of Decree 141/2026/ND-CP.

Accordingly, business households and individual businesses with annual revenue over 1 billion VND must apply electronic invoices with codes from tax authorities or electronic invoices created from cash registers with data connections with tax authorities.

In case business households and individual businesses have annual revenue of 1 billion VND or less, if they meet the conditions and have needs, they are allowed to register to use electronic invoices with codes from tax authorities or electronic invoices created from cash registers with data connection with tax authorities.

Thus, household businesses leasing assets with annual revenue of over 1 billion VND are required to apply electronic invoices.

For business households leasing assets with revenue from 1 billion VND or less, the law does not require the application of electronic invoices. However, business households can still use electronic invoices if:

- Meeting the conditions and having a need to use electronic invoices;

- Register to use electronic invoices with codes from tax authorities or electronic invoices generated from cash registers with data connections with tax authorities.

Business households that have just started business under Article 9 of Decree 68/2026/ND-CP or business households with revenue in the previous year not exceeding 1 billion VND (except in cases where they have registered to use electronic invoices according to point b, clause 5, Article 8 of Decree 68/2026/ND-CP) but have revenue in the tax year of over 1 billion VND or more, must apply electronic invoices with codes of tax authorities or electronic invoices generated from cash registers with data connection with tax authorities.

Song Anh
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