Notes specified in Circular No. 78/2021/TT-BTC of the Ministry of Finance on invoices and documents

On September 17, 2021, the Ministry of Finance issued Circular No. 78/2021/TT-BTC guiding the implementation of a number of articles of the Law on Tax Administration No. 38/2019/QH14, Decree No. 123/2020 /ND-CP, dated October 19, 2020 of the Government providing for invoices and documents.

In particular, the most important new point of Decree No. 123/2020/ND-CP is stipulating the management and use of e-invoices, the step of converting the method of management and use of invoices.

Accordingly, from July 1, 2022, all enterprises, economic organizations, business households and individuals shall make e-invoices.

(Except for small and medium-sized enterprises, cooperatives, business households and individuals in the cases specified in Clause 1, Article 14 of Decree No. 123/2020/ND-CP that do not conduct transactions with tax authorities by electronic means. , there is no information technology infrastructure, no accounting software system, no e-invoicing software to use e-invoices and transmit e-invoice data to buyers and to agencies If tax is taxed, purchase invoices from tax authorities as prescribed in Article 23 of Decree No. 123/2020/ND-CP).