Vietnam: May trực tiếp bóng đá k+ parties agree to issue invoice after transferring 100% of trực tiếp bóng đá k+ payment for services?

Vietnam: May trực tiếp bóng đá k+ parties agree to issue invoice after transferring100% of trực tiếp bóng đá k+ payment for services?

Based on Article 9 ofDecree 123/2020/ND-CPstipulates as follows:

Time of invoice issuance

1. trực tiếp bóng đá k+ time of invoice issuance for trực tiếp bóng đá k+ sale of goods (including sales of state assets, confiscated assets, contribution to state funds, and sales of national reserve goods) is trực tiếp bóng đá k+ time of transferring ownership or right to use trực tiếp bóng đá k+ goods to trực tiếp bóng đá k+ buyer, regardless of whether payment has been received.

2. trực tiếp bóng đá k+ time of invoice issuance for service provision is trực tiếp bóng đá k+ time of completion of trực tiếp bóng đá k+ service provision, regardless of whether payment has been received. If trực tiếp bóng đá k+ service provider collects payment before or during trực tiếp bóng đá k+ service provision, trực tiếp bóng đá k+ time of invoice issuance is trực tiếp bóng đá k+ time of payment (excluding cases of deposits or advances to ensure contract performance for services such as accounting, auditing, financial consulting, tax consultation; valuation; surveying, technical design; supervision consultancy; project construction investment).

3. In trực tiếp bóng đá k+ case of multiple deliveries or delivery of each item, or service stage, each delivery or handover must be invoiced for trực tiếp bóng đá k+ corresponding volume or value of goods or services.

Thus, trực tiếp bóng đá k+ time of invoice issuance for trực tiếp bóng đá k+ sale of goods is trực tiếp bóng đá k+ time of transferring ownership or right to use trực tiếp bóng đá k+ goods to trực tiếp bóng đá k+ buyer, regardless of whether payment has been received.

trực tiếp bóng đá k+ time of invoice issuance for service provision is trực tiếp bóng đá k+ time of completion, regardless of whether payment has been received.

Therefore, in trực tiếp bóng đá k+ aforementioned case, it is not necessary for trực tiếp bóng đá k+ company to transfer trực tiếp bóng đá k+ full amount before issuing an invoice (not based on trực tiếp bóng đá k+ contents of trực tiếp bóng đá k+ contract agreed by trực tiếp bóng đá k+ parties).

Vietnam: May trực tiếp bóng đá k+ parties agree to issue invoice after transferring 100% of trực tiếp bóng đá k+ payment for services?(Image from trực tiếp bóng đá k+ Internet)

Is trực tiếp bóng đá k+ buyer's addresson trực tiếp bóng đá k+ invoice required to be as those written on thecertificate of household business registration in Vietnam?

Based on point a, clause 5, Article 10 ofDecree 123/2020/ND-CPstipulates as follows:

Contents of trực tiếp bóng đá k+ invoice

...

4. Name, address, and tax code of trực tiếp bóng đá k+ seller

trực tiếp bóng đá k+ invoice must display trực tiếp bóng đá k+ name, address, and tax code of trực tiếp bóng đá k+ seller as per trực tiếp bóng đá k+ name, address, and tax code recorded on trực tiếp bóng đá k+ business registration certificate, branch registration certificate, household business registration certificate, taxpayer registration certificate, tax code notification, investment registration certificate, cooperative registration certificate.

5. Name, address, and tax code of trực tiếp bóng đá k+ buyer

a) In trực tiếp bóng đá k+ case where trực tiếp bóng đá k+ buyer is a business establishment with a tax code, trực tiếp bóng đá k+ name, address, and tax code of trực tiếp bóng đá k+ buyer displayed on trực tiếp bóng đá k+ invoice must be written according to trực tiếp bóng đá k+ business registration certificate, branch operation registration certificate, household business registration certificate, taxpayer registration certificate, tax code notification, investment registration certificate, cooperative registration certificate.

In instances where trực tiếp bóng đá k+ name or address of trực tiếp bóng đá k+ buyer is too long, trực tiếp bóng đá k+ seller on trực tiếp bóng đá k+ invoice may abbreviate certain common nouns such as: "Ward" abbreviated to "P"; "District" abbreviated to "Q"; "City" abbreviated to "TP"; "Vietnam" abbreviated to "VN"; or "Joint Stock Company" abbreviated to "JSC", "Limited Liability Company" abbreviated to "LLC", "industrial zone" abbreviated to "IZ", "manufacturing" abbreviated to "MFG", and "Branch" abbreviated to "BR"... but must ensure full detail of house number, street, ward, district, city to accurately identify trực tiếp bóng đá k+ name and address of trực tiếp bóng đá k+ enterprise and consistent with trực tiếp bóng đá k+ business registration, taxpayer registration of trực tiếp bóng đá k+ enterprise.

b) In trực tiếp bóng đá k+ case where trực tiếp bóng đá k+ buyer does not have a tax code, it is not necessary to display trực tiếp bóng đá k+ buyer's tax code on trực tiếp bóng đá k+ invoice. In certain cases of selling goods or providing services to individual consumers stipulated in clause 14 of this Article, it is not necessary to display trực tiếp bóng đá k+ name or address of trực tiếp bóng đá k+ buyer on trực tiếp bóng đá k+ invoice. In cases of selling goods or providing services to foreign customers visiting Vietnam, trực tiếp bóng đá k+ information on trực tiếp bóng đá k+ buyer's address can be replaced by passport number or immigration documents and nationality of trực tiếp bóng đá k+ foreign customer.

Thus, in cases where trực tiếp bóng đá k+ buyer is a business establishment with a tax code, trực tiếp bóng đá k+ name, address, and tax code of trực tiếp bóng đá k+ buyer displayed on trực tiếp bóng đá k+ invoice must be written according to trực tiếp bóng đá k+ business registration certificate, branch registration certificate, household business registration certificate as per regulations.

What are regulations on handling unauthenticated e-invoices sent to trực tiếp bóng đá k+ buyer if errors are found?

Based on clause 2, Article 19 ofDecree 123/2020/ND-CPstipulates that in trực tiếp bóng đá k+ event of an e-invoice with a tax authority code or an e-invoice without a tax authority code sent to trực tiếp bóng đá k+ buyer, if trực tiếp bóng đá k+ buyer or seller discovers an error, trực tiếp bóng đá k+ handling is as follows:

- In trực tiếp bóng đá k+ case of errors regarding trực tiếp bóng đá k+ name or address of trực tiếp bóng đá k+ buyer but not trực tiếp bóng đá k+ tax code, and no other content errors exist, trực tiếp bóng đá k+ seller informs trực tiếp bóng đá k+ buyer about trực tiếp bóng đá k+ invoice error and does not need to reissue trực tiếp bóng đá k+ invoice. trực tiếp bóng đá k+ seller must notify trực tiếp bóng đá k+ tax authority about trực tiếp bóng đá k+ e-invoice error according to Form No. 04/SS-HDDT in Appendix IA issued with this Decree, except in cases where trực tiếp bóng đá k+ e-invoice without a tax authority code has errors and no invoice data has been sent to trực tiếp bóng đá k+ tax authority.

- In trực tiếp bóng đá k+ case of errors such as tax code errors; errors in trực tiếp bóng đá k+ amount recorded on trực tiếp bóng đá k+ invoice, errors in tax rate, tax money, or trực tiếp bóng đá k+ goods recorded on trực tiếp bóng đá k+ invoice not being in trực tiếp bóng đá k+ correct specifications or quality, trực tiếp bóng đá k+ seller can choose one of trực tiếp bóng đá k+ following two methods for using trực tiếp bóng đá k+ e-invoice:

+ trực tiếp bóng đá k+ seller issues an e-invoice to correct trực tiếp bóng đá k+ error in trực tiếp bóng đá k+ previously issued invoice. If trực tiếp bóng đá k+ seller and trực tiếp bóng đá k+ buyer agree to create a written agreement before issuing an adjustment invoice to trực tiếp bóng đá k+ erroneous invoice, trực tiếp bóng đá k+ seller and trực tiếp bóng đá k+ buyer create a written agreement detailing trực tiếp bóng đá k+ errors, after which trực tiếp bóng đá k+ seller issues an e-adjustment invoice to trực tiếp bóng đá k+ incorrect issued invoice.

trực tiếp bóng đá k+ e-adjustment invoice must state "Adjustment for invoice Model No... symbol... number... date... month... year".

+ trực tiếp bóng đá k+ seller issues a new e-invoice to replace trực tiếp bóng đá k+ erroneous e-invoice except when trực tiếp bóng đá k+ seller and trực tiếp bóng đá k+ buyer agree to create a written agreement before issuing a substitute invoice for trực tiếp bóng đá k+ erroneous invoice, trực tiếp bóng đá k+ seller and trực tiếp bóng đá k+ buyer create a written agreement specifying trực tiếp bóng đá k+ errors, after which trực tiếp bóng đá k+ seller issues a new e-invoice to replace trực tiếp bóng đá k+ erroneous issued invoice.

trực tiếp bóng đá k+ new e-invoice must state "Substitute for invoice Model No... symbol... number... date... month... year".

trực tiếp bóng đá k+ seller digitally signs trực tiếp bóng đá k+ new e-adjustment or substitute invoice for trực tiếp bóng đá k+ erroneous issued e-invoice then trực tiếp bóng đá k+ seller sends it to trực tiếp bóng đá k+ buyer (for cases using unauthenticated e-invoices) or sends it to trực tiếp bóng đá k+ tax authority for trực tiếp bóng đá k+ tax authority to provide a code for trực tiếp bóng đá k+ new e-invoice to send to trực tiếp bóng đá k+ buyer (for cases using e-invoices with a tax authority code).

- In trực tiếp bóng đá k+ aviation industry, trực tiếp bóng đá k+ replacement or refund air transport document invoice is considered an adjustment invoice without needing trực tiếp bóng đá k+ information "Increase/Decrease Adjustment for invoice Model No... symbol... date... month... year." Airlines are allowed to issue their own invoices for refund, replacement transport documents issued by agents.