Vietnam Tax Agency Clarifies E-Invoice Use for Small Businesses

In a move that brings relief to small business owners across Vietnam, tax authorities have issued clear guidance on the use of electronic invoices. Tuổi Trẻ reports that businesses with annual revenues under 500 million VND will not be forced to stop using electronic invoices if they wish to continue. This clarification addresses a recent point of contention that had caused considerable uncertainty and concern among many small enterprises.

The directive from the General Department of Taxation emphasizes that businesses already using electronic invoices legally can continue to do so without additional procedures. Furthermore, any prior notices or penalties issued by local tax offices that conflicted with this policy are to be promptly reviewed, revoked, or amended. This ensures that businesses are not disadvantaged by inconsistent administrative interpretations and protects their legitimate rights and interests.

This decision reflects a responsiveness to practical concerns and a desire to foster a more transparent business environment. As one reader noted to Tuổi Trẻ, the swift reversal of the previous requirement demonstrates that authorities are listening to feedback. The hope, echoed by many business owners, is for unified central guidance that allows them to operate with confidence and long-term stability. This policy adjustment supports the government's broader goals of encouraging digitalization and formalizing economic activities while ensuring that the tax system remains supportive of small businesses.