- Vietnam has mandated nationwide e-invoicing since July 2022 for B2B, B2C, B2G, and export transactions, excluding imports.
- E-invoices must be in standardized XML format, digitally signed (except POS), and cleared in real-time or reported to the tax authority on the same day.
- Invoices must be archived electronically for 10 years; non-compliance results in significant penalties.
- Key regulations include Decree 123/2020, Decree 70/2025, and related circulars, with stricter rules and expanded scope from June 2025.
- Pre-filled VAT returns are not available; taxpayers must file manually.
Source: fiscal-requirements.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.
Latest Posts in "Vietnam"
- Strengthening Electronic Invoice Management in Vietnam: Enforcement, Technology, and Compliance to Prevent Fraud
- Vietnam Amends VAT Law: Higher Exemption Thresholds, Refund Reforms, and Major Benefits for Agriculture
- New Regulations on VAT-Exempt Entities under Decree 359/2025/NĐ-CP
- Electronic Invoices: New Digital Tactics in Tax Fraud and State Revenue Loss Prevention Challenges
- Experts Divided Over $40,000 vs $120,000 E-Invoice Threshold for Vietnamese Businesses
