Business individuals must use electronic invoices generated from cash registers

From June 1, 2025, Decree No. 70/2025/ND-CP amending and supplementing Decree No. 123/2020/ND-CP dated October 19, 2020 of the Government regulating invoices and documents will take effect.

In particular, amending and supplementing the regulation on invoices generated from cash registers in Article 11.

The Decree adds subjects using electronic invoices generated from pre-connected computers to transfer data with tax authorities, including business households and individuals as prescribed in Clause 1, Article 51 with annual revenue of VND 1 billion or more.

In addition, businesses have activities of selling goods and providing services, including selling goods and providing services directly to consumers at shopping malls; supermarkets; retail (except for cars, motorbikes, motorbikes and other motor vehicles); dining; restaurants; hotels; passenger transport services...

The Decree also specifically stipulates the content of electronic invoices generated from cash registers, including: Name, address, seller tax code;

Name, address, tax code/individual identification number/phone number of the buyer according to regulations (if the buyer requests);

Name of goods, services, unit prices, quantity, payment price. In case the organization or enterprise pays tax by deduction method, it must clearly state the content of the selling price before value added tax, value added tax rate, value added tax, total payment with value added tax; Time of issuance of invoices;

Tax authority code or electronic data so that buyers can retrieve and declare electronic invoice information generated from cash registers.

The seller sends an electronic invoice to the buyer electronically ( text messages, electronic letters and other forms) or provides a link or QR code for the buyer to look up and download the electronic invoice.

Currently, according to Circular No. 78/2021/TT-BTC, the content that needs to be on electronic invoices is generated from a computer with the name, address, tax code of the seller; buyer information; name of goods, services, unit prices, quantity, payment price; time of issuance of invoices and code of the tax authority.

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