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The Vietnamese Tax Department says the voluntary use of electronic invoices (Hóa đơn điện tử) by micro-businesses is a right, and that local guidance interpreted as restricting or coercing businesses to stop using e-invoices is being corrected. The department also stressed that penalties for discontinuing electronic invoicing are not appropriate in the context of the country’s digital transformation.
Some local authorities issued guidance that has been interpreted as forcing micro-businesses to stop issuing electronic invoices after receiving notices. In particular, notices have been understood to require businesses with annual revenue under 500 million VND to discontinue e-invoicing and switch to tax payment approaches that do not involve invoices or other manual management methods.
Tax authorities said these interpretations are being addressed, emphasizing that electronic invoicing is a legitimate, voluntary right. They added that treating continued e-invoicing after such notices as illegal would be inconsistent with the intended policy direction.
The article links the continued use of electronic invoicing to the development of a digital credit profile for small businesses. It notes that banks are increasingly using actual revenue data to offer credit facilities, including unsecured loans, based on transparent revenue records.
Under the new tax reform described in the article, the previous fixed threshold of 500 million VND in annual revenue has been removed. This change is intended to give the government flexibility to set revenue thresholds through decrees over time rather than relying on a single hard limit.
The article outlines several key actions:
Officials and experts quoted in the article argue that digital transformation is an inclusive process. They say the law’s adjustment is designed to prevent abrupt policy shifts that could disrupt business operations.
The article also states that electronic invoicing can reduce costs compared with paper invoicing and supports the broader goal of building a digital economy. It further notes that the government’s reform aligns with creating a nationwide, standardized e-invoicing framework linked to fiscal data, which can support formal credit systems.
The article concludes that Parliament has passed amendments to tax laws, removing the fixed revenue threshold from the law and allowing regulatory thresholds to be set flexibly as conditions evolve.
Legal experts cited in the piece say this flexibility helps policymakers respond to changes in CPI and the health of micro businesses. They also characterize revenue thresholds as a basis for minimum obligations rather than a cap on rights—reinforcing that the right to use electronic invoicing should not be treated as something that can be withdrawn through local notices.
Attributed to Kate Trần, with VTV referenced as the original source.
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