lịch trực tiếp bóng đá hôm nayAre e-invoices required to have an authentication code in Vietnam?

Are e-invoices required to have an authentication code in Vietnam?

Based on Clause 2, Article 3 ofDecree 123/2020/ND-CP, it is regulated that e-invoices are invoices with or without a tax authority’s authentication code, presented in e-data form created by organizations or individuals selling goods or providing services via e-means to record lịch trực tiếp bóng đá hôm nay information of goods sold or services provided according to lịch trực tiếp bóng đá hôm nay regulations of lịch trực tiếp bóng đá hôm nay law on accounting and tax law. This includes invoices created from cash registers that are connected and transfer e-data to lịch trực tiếp bóng đá hôm nay tax authority, wherein:

+ An authenticated e-invoice is an e-invoice that is issued an authentication code by lịch trực tiếp bóng đá hôm nay tax authority before lịch trực tiếp bóng đá hôm nay organization or individual selling goods or providing services sends it to lịch trực tiếp bóng đá hôm nay buyer.

lịch trực tiếp bóng đá hôm nay tax authority's code on lịch trực tiếp bóng đá hôm nay e-invoice includes a transaction number, which is a unique number generated by lịch trực tiếp bóng đá hôm nay tax authority’s system, and a string of characters encoded by lịch trực tiếp bóng đá hôm nay tax authority based on lịch trực tiếp bóng đá hôm nay seller's information on lịch trực tiếp bóng đá hôm nay invoice.

+ An unauthenticated e-invoice is an e-invoice issued by an organization selling goods or providing services to lịch trực tiếp bóng đá hôm nay buyer without a tax authority’s authentication code.

In accordance with lịch trực tiếp bóng đá hôm nay above provisions, e-invoices can be either with or without a tax authority’s authentication code. Thus, it is not mandatory for e-invoices to have an authentication code.

Are e-invoices required to have an authentication code? (Image from lịch trực tiếp bóng đá hôm nay Internet)

What principles must be ensured in lịch trực tiếp bóng đá hôm nay issuance, management and use of e-invoicesin Vietnam under lịch trực tiếp bóng đá hôm nay Law on Tax Administration?

Based on Article 4 ofDecree 123/2020/ND-CP, lịch trực tiếp bóng đá hôm nay principles for creating, managing, and using e-invoices are regulated as follows:

- When selling goods or providing services, lịch trực tiếp bóng đá hôm nay seller must issue an invoice to deliver to lịch trực tiếp bóng đá hôm nay buyer (including cases where goods or services are used for promotions, advertising, samples; Goods and services given, donated, exchanged, used for paying workers’ wages, or internally consumed, except for goods internally moved for continuing lịch trực tiếp bóng đá hôm nay production process); Goods exported in lịch trực tiếp bóng đá hôm nay forms of loans, leases, or returns and must fully record lịch trực tiếp bóng đá hôm nay contents according to lịch trực tiếp bóng đá hôm nay provisions at Article 10 ofDecree 123/2020/ND-CP; In lịch trực tiếp bóng đá hôm nay case of using e-invoices, they must follow lịch trực tiếp bóng đá hôm nay standard data format of lịch trực tiếp bóng đá hôm nay tax authority stipulated in Article 12 ofDecree 123/2020/ND-CP.

- When deducting personal income tax, collecting tax, fees, and charges, lịch trực tiếp bóng đá hôm nay tax deducting organization, fee-collecting organization, and tax collecting organization must issue a tax deduction certificate or receipts for tax, fees, and charges to lịch trực tiếp bóng đá hôm nay person whose income is subject to tax deduction, taxpayers, fee payers and must fully record lịch trực tiếp bóng đá hôm nay contents as specified in Article 32 ofDecree 123/2020/ND-CP.

In case of using e-receipts, they must follow lịch trực tiếp bóng đá hôm nay standard data format of lịch trực tiếp bóng đá hôm nay tax authority.

In case an individual authorizes tax finalization, no tax deduction certificate is issued for personal income tax.

For individuals not signing a labor contract or signing a labor contract for less than 03 months, lịch trực tiếp bóng đá hôm nay organization or individual paying lịch trực tiếp bóng đá hôm nay income may choose to issue a tax deduction certificate for each tax deduction or issue one tax deduction certificate for multiple tax deductions in one tax period.

For individuals signing a labor contract of 03 months or more, lịch trực tiếp bóng đá hôm nay organization, or individual paying lịch trực tiếp bóng đá hôm nay income only issues one tax deduction certificate for one tax period.

- Before using invoices and receipts, businesses, economic organizations, other organizations, households, and individual businesses, tax collectors, fee collectors must register to use with lịch trực tiếp bóng đá hôm nay tax authority or notify issuance according to lịch trực tiếp bóng đá hôm nay provisions at Article 15, Article 34, and Clause 1 of Article 36 ofDecree 123/2020/ND-CP.

For invoices and receipts printed by lịch trực tiếp bóng đá hôm nay tax authority, lịch trực tiếp bóng đá hôm nay tax authority shall notify issuance according to Clause 3 of Article 24 and Clause 2 of Article 36 ofDecree 123/2020/ND-CP.

- Organizations, households, individual businesses during usage must report lịch trực tiếp bóng đá hôm nay usage status of invoices purchased from lịch trực tiếp bóng đá hôm nay tax authority, report lịch trực tiếp bóng đá hôm nay usage status of printed receipts, self-printed or purchased receipts from lịch trực tiếp bóng đá hôm nay tax authority according to lịch trực tiếp bóng đá hôm nay provisions at Article 29, Article 38 ofDecree 123/2020/ND-CP.

- lịch trực tiếp bóng đá hôm nay registration, management, and use of e-invoices and e-documents must comply with lịch trực tiếp bóng đá hôm nay provisions of lịch trực tiếp bóng đá hôm nay laws on e-transactions, accounting, taxation, and tax administration as defined inNghị định 123/2020/NĐ-CP.

- Invoice and document data when selling goods or providing services, document data when performing tax payment transactions, tax deductions, and paying taxes, fees, and charges form lịch trực tiếp bóng đá hôm nay database serving tax management work and provide invoice and document information to related organizations and individuals.

- Business organizations, economic organizations, and other organizations that sell goods and provide services can delegate third parties to issue e-invoices for sales and services.

Invoices delegated to third parties must still display lịch trực tiếp bóng đá hôm nay name of lịch trực tiếp bóng đá hôm nay selling entity as lịch trực tiếp bóng đá hôm nay delegating party.

Delegation must be confirmed by a written agreement between lịch trực tiếp bóng đá hôm nay delegating party and lịch trực tiếp bóng đá hôm nay delegate, fully detailing lịch trực tiếp bóng đá hôm nay delegation's purpose, duration, and payment method, and must notify lịch trực tiếp bóng đá hôm nay tax authority when registering to use e-invoices.

In lịch trực tiếp bóng đá hôm nay case of invoices delegated as e-invoices without a tax authority’s authentication code, lịch trực tiếp bóng đá hôm nay delegating party must transfer lịch trực tiếp bóng đá hôm nay e-invoice data to lịch trực tiếp bóng đá hôm nay tax authority through a service provider. lịch trực tiếp bóng đá hôm nay Ministry of Finance provides detailed guidance on this content.

- Fee-collecting organizations may delegate lịch trực tiếp bóng đá hôm nay issuance of fee receipts to third parties. Receipts delegated to third parties must still display lịch trực tiếp bóng đá hôm nay name of lịch trực tiếp bóng đá hôm nay fee-collecting organization as lịch trực tiếp bóng đá hôm nay delegating party. Delegation must be confirmed by a written agreement between lịch trực tiếp bóng đá hôm nay delegating party and lịch trực tiếp bóng đá hôm nay delegate, fully detailing lịch trực tiếp bóng đá hôm nay delegation's purpose, duration, and payment method, and must notify lịch trực tiếp bóng đá hôm nay tax authority when issuing receipts.

Which authority is responsible for developing lịch trực tiếp bóng đá hôm nay database on e-invoices in Vietnam?

Based on Article 93 ofLaw on Tax Administration 2019, it is regulated as follows:

Database on e-invoices

1. lịch trực tiếp bóng đá hôm nay tax authority is responsible for organizing lịch trực tiếp bóng đá hôm nay construction, management, and development of lịch trực tiếp bóng đá hôm nay database and technical infrastructure of lịch trực tiếp bóng đá hôm nay invoice information system; organizing lịch trực tiếp bóng đá hôm nay collection, processing of information, managing lịch trực tiếp bóng đá hôm nay invoice database, and ensuring lịch trực tiếp bóng đá hôm nay maintenance, operation, security, and safety of lịch trực tiếp bóng đá hôm nay invoice information system; creating a standard format for invoices.

lịch trực tiếp bóng đá hôm nay database on e-invoices is used to serve lịch trực tiếp bóng đá hôm nay tax management and provide e-invoice information to related organizations and individuals.

2. Enterprises and economic organizations specified in Clause 2, Article 91 of this Law using e-invoices without a tax authority’s authentication code must provide e-invoice data according to lịch trực tiếp bóng đá hôm nay regulations of lịch trực tiếp bóng đá hôm nay Minister of Finance.

3. lịch trực tiếp bóng đá hôm nay Ministry of Industry and Trade, Ministry of Natural Resources and Environment, Ministry of Public Security, Ministry of Transport, Ministry of Health, and other relevant authorities are responsible for connecting and sharing necessary related information and data with lịch trực tiếp bóng đá hôm nay Ministry of Finance to build lịch trực tiếp bóng đá hôm nay e-invoice database.

4. When inspecting goods circulating in lịch trực tiếp bóng đá hôm nay market, in cases of using e-invoices, state agencies and authorized persons access lịch trực tiếp bóng đá hôm nay tax authority's e-portal to search for e-invoice information to serve management needs, without requiring lịch trực tiếp bóng đá hôm nay provision of paper invoices. Related authorities are responsible for using equipment to access and search for e-invoice data.

5. lịch trực tiếp bóng đá hôm nay Minister of Finance regulates lịch trực tiếp bóng đá hôm nay model, management, and use of e-stamps; regulates lịch trực tiếp bóng đá hôm nay lookup, provision, and use of e-invoice information; regulates lịch trực tiếp bóng đá hôm nay provision of e-invoice information in cases where invoice data cannot be looked up due to incidents, natural disasters affecting Internet access.

Thus,lịch trực tiếp bóng đá hôm nay tax authority is responsible for developing lịch trực tiếp bóng đá hôm nay database on e-invoices.