- Introduction of Decree No. 70/2025/ND-CP: The Vietnamese Government published Decree No. 70/2025/ND-CP on March 20, 2025, which updates regulations on electronic invoicing and supporting documents, effective June 1, 2025, aiming to enhance compliance and integration with tax authority systems.
- Expanded Scope and Invoice Requirements: The decree extends compliance requirements to foreign suppliers and clarifies invoice issuance rules, including allowing third-party invoice issuance, specifying invoice types for export processing enterprises, and mandating additional invoice content such as consumer identification numbers.
- Updated Rectification and E-Invoicing Regulations: It replaces the invoice cancellation process with adjustment or replacement procedures, introduces new rules for e-invoices generated by cash registers for certain businesses, and emphasizes the importance of timely data transmission to tax authorities, alongside prohibiting actions like forgery and data non-transmission.
Sources
- See also
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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