Pursuant to Decree No.119/2018/ND-CP on September 12, 2018:
Under this Decree, the Government requires the implementation of electronic invoices at enterprises, economic organizations, households and individuals to be completed by November 1, 2020. Enterprises, economic organizations, business households or individuals that have informed the issue of externally printed or internally printed invoices or have purchased invoices issued by the tax authority for use before the entry into force of this Decree shall be entitled to continue to use these invoices until end of October 31, 2020.
I. Subjects of application:
1. Organizations, enterprises and individuals selling goods and providing services that are covered by this Decree shall include the followings:
- Enterprises established and operated under the provisions of the Law on Enterprises, the Law on Credit Institutions, the Law on Insurance Business, the Law on Securities, the Law on Petroleum, and other legislative documents, in the form of a Joint Stock Company, Limited Liability Company, Partnership Business or Sole Proprietorship Business;
- State-owned public service units selling goods and providing services;
- Organizations established and operated under the Law on Cooperatives;
- Other organizations;
- Business Households or individuals.
2. Organizations or individuals purchasing goods and services.
3. Organizations providing e-invoice sevices.
4. Tax authorities at all levels and organizations or individuals involved in the use and management of sales and service invoices.
II. E-invoice types:
- Value-added tax e-invoice which is an invoice that may be used by providers of goods or services for their value-added tax declaration made by employing the credit method. In this case, this type of e-invoice shall include those invoices created by POS cash registers with network connections for transfer of electronic data to tax authorities;
- Sales e-invoice which is an invoice that may be used by providers of goods or services for their value-added tax declaration made by employing the direct method. In this case, this type of e-invoice shall include those invoices created by POS cash registers with network connections for transfer of electronic data to tax authorities;
- Other e-invoices, including electronic stamps, electronic tickets, electronic cards, electronic receipts, electronic goods dispatch and consignment note, or electronic evidencing documents which carries other names but contains information specified in Article 6 of this Decree;
- E-invoices referred to in clause 1, clause 2 and clause 3 of this Article shall be issued by using the standard data format regulated by the Ministry of Finance.
III. Conversion of e-invoices into paper vouchers:
In case where an electronic invoice is converted into a paper voucher, the paper voucher shall be retained for book and monitoring purposes only in accordance with the law on accounting and the law on electronic transactions, and shall not be valid for use in transactions or payments, except for cases where invoices are created from POS cash registers with network connections for electronic data transfer to tax authorities under the provisions of this Decree.