VietnamE-Invoicing & ReportingVietnam E-invoicing & Digital Reporting Guide
Vietnam Electronic Invoicing and Digital Reporting Requirements
Questions About E-Invoicing in Vietnam?
Contact our expertsBackground
Mandatory e-invoicing was introduced on July 1, 2022.
Before issuing e-invoices, taxpayers should register with the General Department of Taxation and obtain a digital certificate.
What Types of Businesses Does This Apply to?
It applies to taxpayers in Vietnam specified in Article 2 of Decree 119 of 2018.
Governmental Body Responsible for E-invoicing in Vietnam
Penalties for Not Adhering to Vietnam's E-invoice Mandates
- A fine between VND 4 million and VND 8 million is imposed for issuing e-invoices without the GDT’s approval or without the GDT’s code.
- A fine ranging from VND 10,000,000 to VND 20,000,000 is imposed for failing to issue invoices when required by law.
What does the e-invoicing process in Vietnam look like?
There are two categories of e-invoices:
- Issued with the GDT’s confirmation code
- Issued without the GDT’s confirmation code.
Taxpayers should register with the GDT before issuing e-invoices to be approved and obtain a digital certificate.
Taxpayers can send e-invoices directly to the GDT or through a certified service provider. After receiving the e-invoice, the GDT validates it, and only after validation can the e-invoice be sent to the buyer.
Taxpayers who only issue a small number of e-invoices can issue them via the GDT’s web portal.
Is SAF-T Needed in Vietnam?
No.
Questions About E-Invoicing in Vietnam?
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