Answers about new business households, declaring revenue over 1 billion that has not been registered for electronic invoices
Newly established business households reflect that they have not been registered for electronic invoices even though they declared revenue of over 1 billion VND.
On the Ministry of Finance Information Portal, readers reflect:
We are a newly established business household on March 3, 2026 - construction sector Main business Installation of water supply and drainage systems.
When our household contacted the tax authority to declare initial tax and notified tax officials that revenue was over 1 billion VND/year, we asked to register to buy electronic invoices to issue output invoices when revenue arises.
However, tax officials announced that: "Newly established business households do not know how much revenue they have achieved, so they have not registered to use electronic invoices, waiting until the declaration deadline of July 31, 2026, then based on the declared revenue at that time to approve the use of electronic invoices".
Reader asks: "After July 31, 2026, if tax officials agree to use electronic invoices, will we business households be fined for issuing in the wrong time?
Because our business households are not allowed to issue invoices before July 31, 2026, so in the period from April 2026 to July 2026, is the value of the workload that the company customers transferred to pay our business households included in the reasonable cost?
In this case, is the partner customer company allowed to prepare Table 02/TNDN to be included in reasonable expenses according to the Guidance in Article 13 of Circular 20/2026/TT-BTC or not?
The Ministry of Finance answers this question as follows:
The content of invoice use is specified in Decree No. 68/2026/ND-CP.
Based on the above regulations, in case business households are newly registered from March 3, 2026, the registration of using electronic invoices shall be carried out according to the provisions of point c, clause 5, Article 8 and Article 9 of Decree No. 68/2026/ND-CP.
In case the VAT taxable revenue of business households is 1 billion VND or more, they register to use electronic invoices within 30 days from the last day of the tax period with accumulated VAT taxable revenue of 1 billion VND or more.
Business households start using electronic invoices after registering to use electronic invoices with tax authorities according to regulations and for transactions of selling goods and providing services arising from the time of using electronic invoices.
Regarding the content of expenses to be included in expenses when determining corporate income taxable income, it is implemented according to the Law on Corporate Income Tax No. 67/2025/QH15; Circular No. 20/2026/TT-BTC and Decree No. 320/2025/ND-CP of the Government.
Accordingly, for cases of purchasing products that are agricultural, forestry, and aquatic products of producers, directly caught and sold; purchasing handicrafts made of ropes, sedge, bamboo, ratán, leaves, bamboo, straw, straw, coconut shell, coconut skull or raw materials taken from agricultural products of handicraft producers directly sold; purchasing scrap from people directly collecting; purchasing household and personal belongings and assets directly sold; purchasing goods and services of individuals and business households (excluding the above cases) with revenue levels below the value-added tax revenue threshold, dossiers include: Payment documents to sellers according to the provisions of law on accounting, invoices, documents (for cases where the value of purchased goods and services in a day of each household and individual is from 05 million VND or more, non-cash payment is required); list of purchases of goods and services according to Form No. 02/TNDN issued together with this Circular by the legal representative or authorized person of the business.
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