Decree No. 123/2020 / ND-CP on invoices and documents

What is the regulation on Decree 123/2020 / ND-CP?

Decree 123/2020 / ND-CP regulating the management and use of invoices when selling goods and providing services; the management and use of documents when carrying out tax, fee and fee collection procedures and defining the tasks, powers and responsibilities of agencies, organizations and individuals in the management and use of goods application, vouchers.

Highlights of the Decree:

1. This decree has Effective from July 01, 7. Accordingly, agencies, organizations and individuals that satisfy information technology infrastructure conditions are encouraged to apply the provisions on electronic invoices and documents of this Decree before July 01, 7. 

2. The following documents Continue to take effect until June 30, 6, including:

- Decree No. 51/2010 / ND-CP dated May 14, 5 Government regulations on invoices for selling goods and providing services;

- Decree No. 04/2014 / ND-CP January 17, 01 of the Government amending and supplementing a number of articles of Decree No. 2014/51 / ND-CP on invoices for selling goods and providing services;

- Decree No. 119/2018 / ND-CP September 12, 9 of the Government regulations on electronic invoices for selling goods and providing services.

3. Rejected Clauses 2 and 4, Article 35 of Decree No. 119/2018 / ND-CP September 12, 9 of the Government regulations on electronic invoices from November 2018, 01:

2. The implementation of e-invoices and electronic invoices bearing the tax authority's code according to the provisions of this Decree will be done by enterprises, economic organizations, other organizations, households and fish. business people by November 01, 11.

4. From November 01, 11, the Decree No. 2020/51 / ND-CP dated May 2010, 14 and No. 5/2010 / ND-CP dated January 04, 2014 of the Government on invoices for selling goods and providing services are no longer effective.

4. To annul Clause 12, Article 5 of Decree No. 12/2015 / ND-CP January 12, 01 of the Government detailing the implementation of the Law amending and supplementing a number of articles of the Law on tax and amending and supplementing a number of articles of the tax decrees:

12. To amend and supplement Clause 1 Article 48 as follows:

"first. Taxpayer is a business organization using electronic services provided by tax authorities (tax registration, tax declaration, payment, search and submission of tax information), except for special cases as prescribed by The financial.

Taxpayers (including organizations and individuals) doing business in restaurants, hotels, supermarkets and some other goods and services using cash registers, software installation systems If the goods are sold for payment, the connection with the tax office shall be made to send information to the tax agency according to the tax office's deployment roadmap.

Taxpayers (including organizations and individuals) who do business with high tax risks shall make an electronic invoice and send the information on the invoice electronically to the tax authority to receive the verification code. invoice from the tax authority. The Ministry of Finance shall specify cases in which e-invoices must be used with authentication codes of tax authorities. "

Document system regulating invoices and documents

Business points to consider:


1. The time for obligatory use of e-invoices:

- It is no longer compulsory for businesses, economic organizations, other organizations, business households and individuals to complete the implementation of e-invoices and e-invoices with the tax authority's code from the 01st. / 11/2020.

- Officially mandatory application of electronic invoices from July 01, 7. Agencies, organizations and individuals that satisfy information technology infrastructure conditions are encouraged to apply regulations on electronic invoices and documents under Decree No. 2022/123 / ND-CP before July 2020. 01.

2. Enterprises and economic organizations that have announced the issuance of pre-printed invoices, self-printed invoices, electronic invoices without the tax authority's code, or have registered for application of electronic invoices with code of the Agency. How do tax authorities buy invoices from tax authorities before the date this Decree is promulgated?

- In case of using pre-printed invoices or self-printed invoices:
   + To continue using existing invoices until June 30, 6.
   + Follow the invoice procedures in accordance with the Government's Decree No. 51/2010 / ND-CP dated May 14, 5 and No. 2010/04 / ND-CP dated January 2014, 17. on invoices for selling goods and providing services until the end of June 01, 2014.
   + Carry out transitional handling procedures as prescribed in Article 60, Decree No. 123/2020 / ND-CP dated October 19, 10 on invoices and documents.

- In case of using e-invoices:
Continue to carry out the procedures for e-invoices as prescribed Decree No. 119/2018 / ND-CP dated September 12, 9 and Circular No. 2018/68 / TT-BTC dated September 2019, 30 until there is a circular of the Ministry of Finance guiding the implementation of Decree No. 9/2019 / ND-CP dated October 123, 2020.

3. Can new business establishments set up during this Decree's promulgation until June 30, 6 can use pre-printed invoices and self-printed invoices?

- To use pre-printed invoices and self-printed invoices until June 30, 6. However, agencies, organizations and individuals that meet the information technology infrastructure are encouraged to apply regulations on electronic invoices and documents according to Decree No. 2022/123 / ND-CP before January 2020. 01/7.

- Carry out transitional handling procedures as prescribed in Article 60, Decree No. 123/2020 / ND-CP dated October 19, 10 on invoices and documents.

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