vtv5 trực tiếp bóng đá hôm nayWhen providing salary payment services to employees in Vietnam, is it necessary to issue an invoice?

When providing salary payment services to employees in Vietnam, is it necessary to issue an invoice?

Based on Article 4 ofDecree 123/2020/ND-CPregarding vtv5 trực tiếp bóng đá hôm nay principles of issuance, management, and use of invoices and records as follows:

Principles of issuance, management, and use of invoices and records

1. When selling goods or providing services, vtv5 trực tiếp bóng đá hôm nay seller must issue an invoice to vtv5 trực tiếp bóng đá hôm nay buyer (including cases where goods or services are used for promotion, advertising, as samples; goods or services are used to donate, gift, exchange, replace salaries for employees and internal consumption (excluding goods in internal circulation for continued production); goods are provided as loans, borrowed, or returned) and must fully record vtv5 trực tiếp bóng đá hôm nay content as prescribed in Article 10 of this Decree. In case e-invoices are used, they must follow vtv5 trực tiếp bóng đá hôm nay standard data format of vtv5 trực tiếp bóng đá hôm nay tax authority as stipulated in Article 12 of this Decree.

2. When withholding personal income tax, when collecting taxes, fees, charges, tax withholding organizations, fee, and charge collecting organizations or tax collection organizations must issue tax withholding records, tax receipts, fees, charges to provide to vtv5 trực tiếp bóng đá hôm nay person with vtv5 trực tiếp bóng đá hôm nay income subject to tax withholding, vtv5 trực tiếp bóng đá hôm nay taxpayer, fee payer, and must fully record vtv5 trực tiếp bóng đá hôm nay content as prescribed in Article 32 of this Decree. In case e-receipts are used, they must adhere to vtv5 trực tiếp bóng đá hôm nay standard data format of vtv5 trực tiếp bóng đá hôm nay tax authority. If an individual authorizes tax finalization, tax withholding records for personal income tax are not issued.

For individuals not entering into an employment contract or signing a labor contract for less than 03 months, vtv5 trực tiếp bóng đá hôm nay organization or individual paying vtv5 trực tiếp bóng đá hôm nay income may choose to issue a tax withholding record for each withholding or one record for multiple withholdings within a tax period. For individuals with a labor contract of 03 months or more, vtv5 trực tiếp bóng đá hôm nay organization or individual paying vtv5 trực tiếp bóng đá hôm nay income shall only issue one tax withholding record for each tax period.

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Thus, when providing services used to replace salaries for employees, vtv5 trực tiếp bóng đá hôm nay seller must issue an invoice to vtv5 trực tiếp bóng đá hôm nay buyer in accordance with legal regulations.

When providing salary payment services to employees in Vietnam, is it necessary to issue an invoice?(Image from vtv5 trực tiếp bóng đá hôm nay Internet)

How many types of invoices are there in Vietnam?

Based on Article 8 ofDecree 123/2020/ND-CPwhich regulates invoice types as follows:

Types of Invoices

Invoices regulated in this Decree include vtv5 trực tiếp bóng đá hôm nay following types:

1. Value-added tax invoices are for organizations declaring value-added tax using vtv5 trực tiếp bóng đá hôm nay credit method for vtv5 trực tiếp bóng đá hôm nay following activities:

a) Selling goods, providing services domestically;

b) International transportation activities;

c) Exporting to non-tariff zones and cases considered as export;

d) Exporting goods, providing services abroad.

2. Sales invoices are for organizations and individuals such as:

a) Organizations and individuals declaring and calculating value-added tax directly using it for vtv5 trực tiếp bóng đá hôm nay following activities:

- Selling goods, providing services domestically;

- International transportation activities;

- Exporting to non-tariff zones and cases considered as export;

- Exporting goods, providing services abroad.

b) Organizations and individuals in non-tariff zones when selling goods, providing services domestically, and when selling goods, providing services between organizations and individuals in non-tariff zones with each other, exporting goods, providing services abroad, should clearly state on vtv5 trực tiếp bóng đá hôm nay invoice "For organizations and individuals in non-tariff zones."

3. e-invoices for public asset sales are used when selling vtv5 trực tiếp bóng đá hôm nay following assets:

a) Public assets at agencies, organizations, units (including state-owned housing);

b) Infrastructure assets;

c) Public assets entrusted to businesses for management without factoring into state capital at vtv5 trực tiếp bóng đá hôm nay enterprise;

d) Assets of projects using state funds;

đ) Assets whose ownership rights are established in vtv5 trực tiếp bóng đá hôm nay public domain;

e) Public assets withdrawn as per vtv5 trực tiếp bóng đá hôm nay decision of vtv5 trực tiếp bóng đá hôm nay authority;

g) Materials and supplies recovered from handling public assets.

4. e-invoices for selling national reserve goods are used when state agencies, units in vtv5 trực tiếp bóng đá hôm nay national reserve system sell national reserve goods as prescribed by law.

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Thus, there are currently 4 types of invoices:

- Value-added tax invoice

- Sales invoice

- e-invoices for public asset sales

- e-invoices for selling national reserve goods

Aside from vtv5 trực tiếp bóng đá hôm nay aforementioned invoice types, there are other types of invoices, including:

- Stamps, tickets, cards with forms and content specified in this Decree;

- Airline transportation charge receipts; international transportation fee records; bank service fee records except for stamps, tickets, cards formatted and content-based on international practices and related legal provisions.

What are vtv5 trực tiếp bóng đá hôm nay basic contents on an e-invoice in Vietnam?

Based on Article 10 ofDecree 123/2020/ND-CPand Article 4 ofCircular 78/2021/TT-BTCwhich regulate vtv5 trực tiếp bóng đá hôm nay contents of e-invoices include:

- Invoice name, invoice symbol, invoice form number.

- Copies of vtv5 trực tiếp bóng đá hôm nay invoice applicable to tax invoices printed by vtv5 trực tiếp bóng đá hôm nay tax authority following guidelines by vtv5 trực tiếp bóng đá hôm nay Ministry of Finance

- Invoice number

- Name, address, tax code of vtv5 trực tiếp bóng đá hôm nay seller

- Name, address, tax code of vtv5 trực tiếp bóng đá hôm nay buyer

- Name, unit of measure, quantity, unit price of goods or services; amount excluding value-added tax, value-added tax rate, total value-added tax amount per tax rate, total value-added tax amount, total payment amount with value-added tax.

- Signatures of vtv5 trực tiếp bóng đá hôm nay seller and buyer

- Invoice issuance date

- Time of signing vtv5 trực tiếp bóng đá hôm nay e-invoice

- Tax authority's code on e-invoices with vtv5 trực tiếp bóng đá hôm nay tax authority's code

- Fees, charges belonging to vtv5 trực tiếp bóng đá hôm nay state budget, trade discounts, promotions (if any) as per vtv5 trực tiếp bóng đá hôm nay guidance at point e paragraph 6 of this Article and other related contents (if any)

- Name, tax code of vtv5 trực tiếp bóng đá hôm nay organization printing invoices for those printed by tax authority.

- Language, numbers, and currency shown on vtv5 trực tiếp bóng đá hôm nay invoice

- Other contents on vtv5 trực tiếp bóng đá hôm nay invoice