From June 1, 2025, the use of electronic invoices will be adjusted according to Decree 70/2025/ND-CP of the Government. Enterprises and business households need to pay attention to some important changes below to implement in accordance with regulations and avoid risks when declaring taxes.
Adding subjects required to use electronic invoices
Foreign suppliers who do not have a permanent establishment in Vietnam but do e-commerce activities, digital platform business or cross-border services register voluntarily to use electronic invoices.
Business households and individuals with a revenue of VND1 billion/year or more are required to use electronic invoices generated from cash registers, with a connection to data transfers with tax authorities.
Enterprises selling goods and providing services directly to consumers such as shopping malls, supermarkets, restaurants, hotels, passenger transportation, etc. are also subject to this form.
Supplement and clearly classify invoices
Add e-commerce invoices in addition to value-added invoices and traditional sales invoices.
Electronic invoices and tax refund declarations are implemented according to the instructions of the Ministry of Finance.
Changes in regulations on time of issuance of invoices
The time of making invoices for services provided to individuals and organizations abroad is determined to be the same as for domestic services - that is, when completing the service provision, regardless of whether the money has been collected or not.
Supplementing detailed regulations on the time to establish invoices for many specific industries such as: lottery, insurance, casino, video games with prizes, foreign currency exchange agents, lending, medical examination and treatment services.
Eliminate the regulation of issuing total invoices at the end of the day or the end of the month for some services such as banking, insurance, and money transfers via e-wallet.
Supplementing regulations on the content of electronic invoices
It is mandatory to add a personal identification number or a budget unit number to the buyer.
Allowing no need to inform buyers in some cases such as: buying gasoline, playing cassava, playing video games with prizes (for customers who are individuals not in business).
The invoices are made according to the contract period for services such as electricity, water, telecommunications, television, information technology, banking, securities, insurance, medical examination and treatment, etc.
New regulations on adjusting and replacing incorrect invoices
Remove the regulation on canceling incorrect invoices, instead the seller must create an adjustment invoice or replacement invoice.
Allowing the issuance of 01 general adjustment invoice for multiple incorrect invoices in the same month, with the same buyer.
If the invoice is found to be incorrect by the tax authority, the seller is responsible for reviewing and making adjustments according to the notice.
Expanding cases of being granted invoices each time arising
The enterprise is in bankruptcy proceedings but is still doing business under the supervision of the court.
Enterprises and business households are in the process of explaining or supplementing documents with tax authorities.
Tax declaration and payment of taxes for each arising invoice will be implemented in accordance with the provisions of the Law on Tax Administration.
Content and format of electronic invoices from cash registers
Must have full: seller's name, tax code, goods and services name, quantity, unit price, time of issuance of invoice, tax agency code or QR code for the buyer to access.
Invoices can be sent to buyers via SMS, email, link or QR code to download electronic invoices.
The content of the invoice must clearly distinguish between the non-tax price, tax rate and value-added tax if tax is paid by deduction method.
New regulations related to electronic documents
Supplement tax deduction documents for e-commerce activities and digital platforms.
The time of making and signing the document is at the time of collecting or deducting taxes, fees, and charges.
Apply the same principle of handling errors in documents as electronic invoices.
