- Vietnam is updating its tax management regime with Circular 32, focusing on e-invoice regulations.
- Circular 32 outlines rules for e-invoice issuance, numbering, and related matters.
- The changes are expected to pressure businesses to adapt to new tax management requirements.
- Circular 32 was issued on May 31, 2025, by Vietnam’s Ministry of Finance.
- The circular provides guidelines in line with the 2019 Law on Tax Administration and related decrees.
- Key areas include consumer invoice encouragement, e-invoice authorization, and invoice numbering.
- It also covers special e-invoice cases, VAT invoice content, and e-invoice conversion.
- Criteria for high-risk taxpayers and e-invoice solution providers are established.
- Circular 32 expands eligible providers for e-invoice issuance, removing the need for related parties.
- Contracts for e-invoice issuance must include specific mandatory information.
Source: vietnam-briefing.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.
