Regulations on issuing electronic invoices for business households with revenue from 500 million to 1 billion VND

Reader T.D. T asked: "I registered for business. At the beginning of the year, there was a regulation that revenue over 500 million VND must be taxed. My company's revenue reached the threshold of 500 million VND/year. Then, there was a regulation that revenue under 1 billion VND is tax-exempt.

At that time, the tax authority informed me that the taxable revenue level had increased, and my revenue was below 1 billion VND, so I was no longer allowed to issue electronic invoices.

So how should I understand it? Can I continue to issue invoices when my company's revenue is at the threshold of 500 million VND to 1 billion VND?

My side wants to operate methodically, start a business from the beginning. Units supplied with goods by my side all require invoices to be issued. If I cannot issue invoices, I will lose customers, cannot develop further, and may even lose customers and not achieve revenue of 500 million VND/year.

So, are tax officials causing difficulties for me, or do I not understand the legal regulations correctly in what point? I really hope to be supported to properly fulfill my tax obligations.

Regarding this question, the Hanoi City Center for Communication, Data and Digital Technology answers as follows:

In Article 2 of Decree No. 141/2026/ND-CP dated April 29, 2026, supplementing Clause 15, Article 4 of Decree No. 320/2025/ND-CP dated December 15, 2025 of the Government detailing a number of articles and measures to organize and guide the implementation of the Law on Corporate Income Tax as follows:

“15. Income of enterprises and organizations established under Vietnamese law with a total annual revenue of 1 billion VND or less, specifically as follows:

a) Total annual revenue as a basis for determining enterprises eligible for corporate income tax exemption is total revenue from sales and service provision activities (excluding revenue deductions), revenue from financial activities and other income in the Appendix of production and business results attached to the corporate income tax finalization declaration of the taxable period of the immediately preceding year;

b) In case a business has an operating period of the previous tax year period of less than 12 months, the total revenue of the tax year period of the previous tax year period is determined by the total actual revenue in that tax year period divided by the number of months the business actually operated in production and business in the tax year period, multiplied by 12 months. In case a newly established business, a business transforms its business type, transforms its ownership form, consolidates, merges, divides, or splits in any month of the tax year period of the previous tax year, the operating period is counted as full months;

c) In case a newly established enterprise is in the tax period and the estimated total revenue in the tax period does not exceed 1 billion VND, the enterprise is not required to temporarily pay corporate income tax. At the end of the tax period, if the total actual revenue in the tax period exceeds 1 billion VND, the enterprise shall declare and finalize corporate income tax according to regulations and is not required to calculate late payment interest;

d) The tax exemption regulations in this clause do not apply to enterprises established under the provisions of Vietnamese law that are subsidiaries or affiliated companies where the enterprise in the affiliated relationship is not an enterprise that meets the tax exemption conditions specified in this clause".

In Clause 2, Article 1 of Decree No. 141/2026/ND-CP dated April 29, 2026, amending and supplementing a number of articles of Decree No. 68/2026/ND-CP dated March 5, 2026 of the Government stipulating tax policies and tax management for business households and individual businesses as follows:

5. Use electronic invoices

a) Business households and individual businesses with annual revenue over 1 billion VND must apply electronic invoices with codes from tax authorities, electronic invoices created from cash registers with data connection with tax authorities.

In case business households and individual businesses have multiple business locations, the tax code of business households and individual businesses is used for all stores and the business location code must be clearly stated on the invoice;

b) In case business households and individual businesses have annual revenue of 1 billion VND or less, meet the conditions and have a need to use electronic invoices, they register to use electronic invoices with codes from tax authorities or electronic invoices generated from cash registers with data connection with tax authorities;

c) Business households, new business individuals specified in Article 9 of this Decree or business households, business individuals with revenue in the previous year not exceeding 1 billion VND, except in cases where they have registered to use electronic invoices according to point b of this clause, but in the tax year have revenue of 1 billion VND or more, they must apply electronic invoices with codes of tax authorities, electronic invoices created from cash registers with data connection with tax authorities. Business households, business individuals registering to use electronic invoices within 30 days from the last day of the tax period have accumulated revenue of over 1 billion VND".

Based on the above regulations, readers are requested to compare with their actual situation to implement the regulations correctly.

In case you need to use electronic invoices to serve business activities, please contact the directly managing tax authority for guidance on registering to use electronic invoices according to current regulations.

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