•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Following reports that some local tax authorities instructed household businesses with annual revenue under 500 million VND to stop using electronic invoices, on April 17 the Tax Department issued official information to clarify the rule and standardize implementation.
Under existing policy, the application of electronic invoices to household businesses is determined by revenue thresholds. Household businesses with annual revenue of 1 billion VND or more are subject to mandatory electronic invoicing. Meanwhile, small-scale household businesses with annual revenue of 500 million VND or less are not required to adopt electronic invoices.
The Tax Department emphasized that the law does not prohibit household businesses from voluntarily registering and using electronic invoices if they have a need. It noted that many small businesses with low revenue still choose to use electronic invoices to facilitate transactions with enterprises, organizations and consumers.
According to the Tax Department, in cases where household businesses have registered to use electronic invoicing in accordance with regulations and have been approved by the tax authority, the use of electronic invoices is legal.
The Tax Department confirmed there is no restriction on legitimate demand for electronic invoice use by household businesses. At the same time, it said it is compiling practical issues arising in implementation to report to competent authorities to support refining policy to better match deployment conditions.
Regarding implementation, on April 17, 2026, the Tax Department issued directives to provincial and municipal tax agencies to ensure a unified understanding and application.
Specifically, local tax authorities must not require household businesses with annual revenue of 500 million VND per year or less to cease using electronic invoices if the business has a need and is using them legally. Households that have already used electronic invoicing may continue to use it without needing to file additional notifications with the tax authority.
Additionally, the management and use of electronic invoices will continue to be implemented in accordance with current law.
For prior circulars and related documents, the Tax Department required local tax authorities to promptly review notices, penalty decisions, or related guidance.
The Tax Department said units should align with current regulations and the Tax Department’s guidance within their authority. If any content is found to be noncompliant, it should be promptly withdrawn, canceled or replaced to safeguard the lawful rights and interests of taxpayers.
The review is also intended to prevent confusion during implementation and ensure consistency across the system.
On policy improvement, the Tax Department said it has synthesized practical issues and reported them to competent authorities for research and regulatory refinement to enable maximum convenience for household businesses.
“Encouraging transparency in production and business activities, while ensuring effective tax administration and consistency within the legal system,” the tax authority affirmed.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
