On 19 October 2020, the Government issued Decree 123/2020/ND-CP on invoices and documents. In which, it specifies clearly that the use of electronic invoices from 1 November 2020 is not required. Specifically:
- Enterprises, economic organizations that have announced the issuance of pre-printed invoices, self-printed invoices, electronic invoices without codes of tax agencies or have registered to apply electronic invoices with codes of tax agencies, have purchased invoices from the tax authority before the date this Decree is issued (19 October 2020) which could continue using existing invoices until 30 June 2020.
Decree 123/2020/ND-CP also stipulates that invoices include 2 forms of electronic invoices and paper invoices.
- Electronic invoices include: value added invoices; sale invoices; Public asset sale invoice; National reserve sales invoice; Other types of invoices.
Paper invoices are ordered and printed by the tax authorities and given to new business households and businesses.