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1.CONDITIONS TO APPLY E-INVOICES GENERATED FROM POS CASH REGISTER Based on guidance in Section 3 of Official Letter 15461/CTTPHCM-TTHT in 2022, the conditions for applying e-invoices generated from POS cash registers include: Being able to transact with the tax authority by electronic means (such as...

1. REGARDING HANDLING OF ISSUED ERRONEOUS E-INVOICES Official Dispatch No. 1647/TCT-CS dated May 10, 2023 on handling of erroneous e-invoices has instructions as follows: “Based on the provisions in Point b, Clause 2, Article 19 of Decree No. 123/2020/ND-CP and Points c and e, Clause...

I. REGULATIONS ON THE TIME OF ISSUING INVOICE BY TYPE OF BUSINESS Sale of goods: Based on Clause 1, Article 9 of Decree No. 123/2020/ND-CP, Invoices for sale of goods (including the sale of state-owned property, property confiscated and put into state fund, and the...

WHAT IS A CONVERTED INVOICE? Invoices converted from electronic invoices (e-invoices) are paper invoices , which is printed out from e-invoices, ensuring complete matching of e-invoices’ information. After converted invoice is printed from an issued e-invoice, the enterprise could not add, remove or change information...

Types of goods and services that are eligible for VAT reduction and non-reduction to 8% from July 1st , 2023 based on legal regulations Business establishments that pay VAT using the credit-invoice method shall pay 8% VAT for the following goods and services: (1) Telecommunication,...

Based on the Law on Tax Administration, Decree 123/2020/ND-CP, Circular 78/2021/TT-BTC, Decision No. 1391/QD-TCT, Official Letter No. 406/TCT-DNNCN, Official Letter 15461/ CTTPHCM-TTHT on deploying the use of E-invoice with authentication code of Tax Authorities which are generated from the cash register (POS). We have launched...

Hanoi, Hai Phong, and Ho Chi Minh City are the three selected localities to pilot the issuance of e-invoices generated from POS cash registers. Although e-invoices have been implemented nationwide, they aren’t frequently used in direct-to-consumer industries including restaurants, hotels, supermarkets, entertainment services, and gold...

On November 2, 2022, the People’s Committee of District 7 commended businesses for well performing their tax obligations in 2021. At this conference, AM ACCOUNTING COMPANY LIMITED and AMGROUP COMPANY LIMITED were honored to receive a certificate from the General Director of Taxation for their...

On September 9, 2022, NC9 Vietnam Company Limited (AMNote) attended the 4th Executive Committee, term III and the 10th celebration of the establishment of the Branch (2012-2022) organized by the Vietnam institute of chartered accountants in Khanh Hoa. NC9 Vietnam Company Limited (Amnote) is honored...

On June 4th, 2022, NC9 Vietnam Co., Ltd (AMnote) and Vietnam Association of Accountants & Auditors (VAA) had a meeting held at the Association’s Office to discuss plans to promote the program. Training program “ACVA Vietnam Digital Accounting Certificate” On VAA’s side, there were the...