Decree no. 119/2018/ND-CP, issued on 12/09/2018 by government regulations on the use of electronic invoices when selling goods and providing services. This decree shall take effect from the date 01/11/2018.
1. Decree 119/2018/ND-CP: Regulation of electronic invoices when selling goods and providing services
| Type text | Decree |
| Numbers, symbols | 119/2018/ND-CP |
| Issuing agency | Government |
| Date issued | 12-09-2018 |
| Effective date and enforcement | 01-11-2018 |
| Signer | Nguyen Xuan Phuc |
| Extracted | Regulations on the electronic invoice when selling goods and providing services |
| Download legal documents | [Link download] |
2. The main contents of the Decree 119 about the electronic invoice of The government
2.1. Adjustment range object to apply
- Regulations on the use of electronic invoices in the sale of goods and providing services.
- Apply for the organizations and individuals selling goods and providing services; organizations and individuals to buy goods and services; the organization provides services electronic invoices; tax administration agencies, organizations and individuals concerned.
2.2. Type electronic invoice
- Invoice value: Apply for the sale of goods, providing fulfillment services tax value added according to the method of deduction.
- Bill of sale: Apply for the sale of goods, providing fulfillment services tax value under the direct method.
- The type of another bill: Stamps, electronic, electronic tickets, electronic cards, receipts, electronic warehouse cum electron transport or the e-voucher has other names but are prescribed content.
2.3. Content of electronic invoices
Electronic invoices must have the content such as bill Name, sign, bill, sign, template, invoice number, invoice number; the name, address and tax identification number of the seller and the buyer; name goods, services, unit, quantity, unit price, amount without tax, value added tax, the total amount of payments; digital signature, electronic signature of the seller and the buyer; time electronic invoicing; code of the tax authority with respect to bill electronic code of the tax authority.
2.4. Use bill electronic code/no-code of the tax authority
- Enterprises, economic organizations and other organizations, households and individuals trading in the case of high risk of tax to be used electronic invoicing have the code of the tax authority.
- Business and economic organizations have or will make transactions with tax authorities by electronic means, with infrastructure, information technology, system software, accounting software, billing software, electronic responsive establishment, lookup, data storage, electronic invoices, ensuring the transmission of data, electronic invoice to the buyer, to the tax authority shall be used electronic invoicing't have the code of the tax authority.
2.5. The time required to use the electronic invoice
Enterprises, economic organizations and other organizations, households and individuals in business must complete the transition to the use of the electronic invoice at the latest on 01/11/2020.
2.6. Responsibility of stakeholders
- People selling goods and providing services: Establishment, send electronic invoices; storage, ensuring the integrity of electronic invoices; observance of the inspection, for the projection of the competent authority.
- People buy goods and services: Receive electronic invoices from the seller; storage, ensuring the integrity of electronic invoices.
- The organization provides services electronic invoice: Provide services electronic invoices; ensure safety and confidentiality of information; data storage electronic invoice; provide information to tax authorities upon request.
- Tax authorities: Management, monitoring the use of electronic invoices; level code for electronic invoice have the code of the tax authority; inspect, examine the use of electronic invoices.
Decree 119/2018/ND-CP detailing on the use of electronic invoices, creating the legal basis for corporate organizations, households and business in the implementation of tax obligations. This regulation also sets out specific responsibilities for stakeholders, contribute to improving the legal system of bills and vouchers.
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