- Vietnam updated regulations on e-invoices and tax compliance effective 1 June 2025
- Circular 32/2025/TT-BTC was released on 31 May 2025 by the Ministry of Finance
- Guidance covers e-invoices, taxpayer risk assessment, and invoicing procedures
- Business households and individuals can authorize e-commerce platforms to issue e-invoices
- New invoice types introduced including e-commercial invoices and combined VAT/sales invoices
- Rules set for issuing invoices based on reconciliation periods for high-frequency transactions
- Specific guidance provided for financial leasing companies on invoicing leased assets
- Criteria defined for identifying high tax risk taxpayers based on violations and transactions
- Organisations must use electronic certificates for personal income tax withholding from 1 June 2025
- Business households using cash register-based e-invoices can continue their current method
- Companies selling directly to consumers can choose between cash register e-invoices or current method
- Electronic invoicing service providers with contracts before 1 July 2023 must continue under existing terms until 1 July 2025
Full version circular:
https://thuvienphapluat.vn/van-ban/thue-phi-le-phi/circular-32-2025-tt-btc-guidance-on-law-on-tax-administration-decree-123-2020-nd-cp-659482.aspx
Source: regfollower.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
