Business households with revenue from 1 billion VND/year or less can still use electronic invoices if they meet the conditions and register with the tax authority according to new regulations.
According to Clause 5, Article 8 of Decree 68/2026/ND-CP amended by Clause 2, Article 1 of Decree 141/2026/ND-CP, business households and individuals with annual revenue over 1 billion VND are required to apply electronic invoices with codes from tax authorities or electronic invoices generated from cash registers with data connections with tax authorities.
For business households with annual revenue of 1 billion VND or less, the regulation allows registration to use electronic invoices if they meet the conditions and have a need to use them.
Business households under 1 billion VND that want to use electronic invoices must carry out the following procedures:
- Meeting the conditions for using electronic invoices as prescribed;
- 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.
The regulation also clearly states that in cases where business households have multiple business locations, the tax code of the business household is used for all stores and the business location code must be clearly stated on the invoice.
In addition, for new business households or households with revenue in the previous year not exceeding 1 billion VND but accumulated revenue of 1 billion VND or more arising in the tax year, they must switch to applying electronic invoices with codes from tax authorities or electronic invoices initiated from cash registers.
In this case, business households must register to use electronic invoices within 30 days from the last day of the tax period with accumulated revenue exceeding 1 billion VND.
