Household businesses before peak season: What needs to be done to operate smoothly?
The soaring number of transactions, managing many payment channels at the same time, makes many business households easily fall into overload during the peak season at the end of the year. In particular, the new tax requirements under Decree 70 force shop owners to find smarter and more professional operating solutions.
Quickly grasping those concerns, recently, banks have proactively organized many workshops to guide shop owners, focusing on explaining and guiding the compliance with regulations and decrees related to taxes.
TPBank App - Digital Assistant for business households in peak season
With a set of features designed specifically for Shops, TPBank App is suitable for many business models, from small online shops to business households combining both online and direct business at stores.
For shops that do not have card payment acceptance devices, shop owners only need to register for the SoftPOS feature to turn every Android phone with NFC into a mobile card swiper, accepting payments from Visa, Mastercard, JCB or domestic cards with just one touch.
Not only supporting convenient sales, TPBank also adds financial motivation to shop owners through the program "The more transactions – the larger the refund", with POS/SoftPOS transaction fee refund incentives up to 20% (maximum 4 million VND) for shops with increased sales according to the program's regulations.
In addition, TPBank's Van Nang QR helps simplify payment activities for many business models. With just one QR code, shops can accept payments from many domestic and foreign e-wallets such as WeChat, PromptPay or KHQR.
Transactions are automatically converted to VND and recorded directly into the account, making sales more streamlined, limiting cash processing and no need for additional support equipment, especially suitable for direct sales, livestreaming or serving international customers during Tet.
Supporting compliance with tax regulations, supporting capital to expand business
Supporting shops to gradually transform digitally, fully meeting the requirements of Decree 70 on electronic invoices, declaration and transparency of revenue and expenditure, the TPBank App has now integrated online tax payment, while linking with sales management software and creating digital signatures.
In order to support easy invoice issuance and tax declaration, TPBank deploys preferential fees for VietQR sales management software to only 500,000 VND, including: sales management software; e-invoice issuance with unlimited tax standards in the first year; free digital signature and tax declaration according to regulations.
In addition, the EZBill solution is introduced by TPBank as a package solution, helping business households sell goods - issue electronic invoices - declare and pay taxes on only one POS device. This solution package has a package usage fee of 2,500,000 VND for the first 6 months (including POS device), along with 1,000 free electronic invoices and digital signatures.
In parallel with supporting tax compliance and operation standardization, TPBank also provides financial support for shop owners to expand their business through flexible loan packages. Accordingly, TPBank implements business loans according to credit limits for business households, with interest rates from only 6.5% (fixed for the first 3 months). In addition, shop owners can also choose to borrow once, with a 3-month base interest rate plus a margin of 2.1%, suitable for short-term capital supplementation needs in the peak season.
This synchronous approach helps shop owners not only do the right - do enough tax regulations, but also have more financial resources to feel secure in expanding their business, especially during peak periods like Tet.
Transform into a business easily with TPBank Biz
Through the TPBank Biz application, the bank offers a 100% online digital bank account opening experience for businesses, helping shops save time and quickly be ready for the next development phase.
When converting to businesses with TPBank, shop owners are given beautiful number accounts, the QR publication "Van nang thu than payment xuyên biên giới" (Universally accept cross-border payments) and the TPBank Business Debit business card. In parallel, TPBank offers free Digital Banking services and more than 30 other types of transaction fees, and also offers free annual fee for TPBank Business Debit cards in the first year.
