VIETNAM: COVID-19 VAT IMPLICATIONS

Apr 15, 2020 | VAT Updates

VIETNAM – Update 15th April

Vietnam delays mandatory e-invoicing

Vietnam has issued a draft decree to delay the mandatory requirement for businesses to produce electronic invoices. The implementation date is being moved from 1 November 2020 to 1 July 2022. The delay recognises the difficulties businesses are experiencing during the COVID-19 crisis. However, there was still many issues outstanding, including reporting cross-border transactions or how different government agencies would accept e-invoices.

 

Source credit – Richard Asquith (Avalara)

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