On the 12th of September 2019, the government issued Decree 119/2018/ND-CP regulating the usage of electronic invoice in selling goods, services. Some companies are still using physical invoices. Others have changed to e-invoice. So, when will e-invoice become mandatory?
1. What is electronic invoice (E-invoice)?
As defined by government:
“Electronic invoices are invoices displayed in electronic data and are issued by goods seller / service provider to record the information of goods sold, service provided, digitally signed as regulated by this Decree, including the invoices created by POS that has electronic data linked to the tax department ”.
2. What are the types of electronic invoice?
Like the physical invoice, e-invoice include:
- VAT invoice. Applicable for thông báo được biết bởi deduction method.
- Sale invoice. Applicable cho gói đã biết bởi direct method.
- Other invoices. Example: e-tickets, e-stamp, e-receipts, e-delivery note ...
Phần mềm này có thể xác thực một xác thực mã của cơ sở dữ liệu
3. Will e-invoices become mandatory?
According to Article 36 of Decree 119 / 2018 / ND-CP.
- For the companies already using e-invoice before November 1st 2018, they will continue using e-invoices.
- For the companies still using paper invoices ordered before November 1st 2018, they will continue using up the remaining number of paper invoices until October 31st 2020.
Therefore, all companies are required to use e-invoices from November 1st 2020.
