Decree 70/2025/ND-CP revises invoice issuance timing for high-volume services and adds rules for insurance, lottery, casino, and prize-based electronic games. Starting June 1, 2025, business households with annual revenue ≥1 billion VND (38,454.14USD) and enterprises selling goods must use e-invoices from cash registers. Erroneous invoices are prohibited.
Vietnam's New Invoice Regulations Take Effect June 1, 2025
Public
Other countries
Author: Ivana Picajkić
Category:
General subject related
Views:
8010
Content accuracy validation date:
06.05.2025
Content accuracy validation time:
08:16h
Adjustments to Invoice Issuance Deadlines (Decree 70/2025/ND-CP, Taking Effect June 1, 2025)
Decree 70/2025/ND-CP is shaking things up regarding when invoices need to be issued for certain services that are used frequently (like electricity, water, loans, crude oil processing, and medical services). It's also bringing in new guidelines for invoice issuance related to insurance, lottery, casino, and prize-based electronic games.
What you need to know: These changes to when invoices are issued will start being enforced on June 1, 2025.
Who Needs to Use E-Invoices from Cash Registers (Decree 70/2025/ND-CP)
Starting June 1, 2025, if you're a business household or individual pulling in at least 1 billion VND (38,454.14USD) in annual revenue, or a business selling stuff or services directly to consumers (think shopping malls, supermarkets, retail stores (but not cars), restaurants, hotels), you're going to have to use electronic invoices that come directly from your cash registers.
Instances Where Invoices are Used per Event (Decree 70/2025/ND-CP)
Two fresh scenarios have been included:
- Businesses undergoing bankruptcy proceedings yet continue to function under the watchful eye of the court.
- Businesses, organizations, or people when documents are being clarified or require additional details.
New Situations Mandating Invoice Issuance Starting June 1, 2025
Invoices will be required for the following:
- Goods that are sent abroad.
- Services rendered to foreign businesses or individuals.
- Support services for railway transport, television advertising, online commerce, banking, international money transfers, securities, and computerized lotteries.
- Insurance policies, lottery tickets, casino gaming, and prize-based electronic games.
- Lending operations.
- Foreign exchange agency services and currency payment services.
Other news from Other countries
The UAE E-Invoicing Guidelines
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
The UAE e-invoicing model involves a decentralized, Peppol-based framework for in-scope transactions, including B2B, B2G, G2B, and G2G, while excluding B2C. Suppliers must appoint one ASP for e-invoices, maintaining compliance responsibility. Onboarding involves understanding requirements, selecting an ASP, and testing exchanges. Six invoice categories exist, with specified regulations for special... Read more
South Africa’s VAT Modernization: The Roadmap to Mandatory E-Invoicing
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
South Africa’s VAT Modernisation program plans a phased move to mandatory e-invoicing and near real-time VAT reporting, supported by SARS strategy documents and reinforced through 2026 stakeholder consultations. While not yet mandated, SARS is preparing structured invoice data reporting to strengthen compliance, reduce fraud, and enable automated monitoring. The model will require businesses to tr... Read more
UAE E-Invoicing Compliance: Complete 2026 Guide
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
The UAE is implementing mandatory e-invoicing by 2026-2027, following Ministerial Decisions No. 244 and No. 243 of 2025. Companies must be ready to receive electronic invoices, designate Accredited Service Providers (ASP), and use the PINT-AE format via the Peppol network, governed by a decentralized model. With a rollout scheduled for 2026 and 2027, the UAE is headed toward mandatory e-invoicing... Read more
New VAT Deemed Supplier Rules for Electronic Marketplaces in Saudi Arabia from Jan 2026
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
The guidance outlines when VAT responsibility shifts to electronic marketplaces, impacting reporting and operations. Deemed supplier status applies to non-resident electronic services and resident non-registered suppliers. Obligations include VAT invoicing and returns. Key exceptions exist, but operational involvement influences VAT responsibilities, especially for food delivery and accommodation... Read more
South Africa Formalizes 2028 Target for Mandatory Peppol-Based E-Invoicing
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
SARS is expected to announce its mandatory e-invoicing framework in 2026, with phased implementation leading to full operational capability by 2028 under its VAT modernization program and the 2025 Draft TALAB (Tax Administration Laws Amendment Bill). The model will define structured e-invoices, electronic VAT data reporting, and an interoperability framework using accredited service providers. Sou... Read more
UAE To Launch Mandatory National E-Invoicing System Starting 2026
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
The UAE's transition to a national e-invoicing system shifts tax compliance to real-time reporting. Mandatory phases start in July 2026, requiring businesses to upgrade software, face penalties for non-compliance, and accommodate audits with full digital transaction access. The UAE is transitioning from paper and PDF invoices to a national digital e-invoicing system. This shift moves tax complianc... Read more
Vietnam: Revised Penalties for Invoice and Documentation Violations Under Decree 310
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
Decree 310 establishes tiered penalties for invoice violations based on invoice count and type, including sales and non-sales cases. Penalties range from warnings to significant fines (500,000 - 50,000,000 VND; US$19 - US$2,282). It enforces stricter rules for invoice destruction and strengthens tax officer powers. A single penalty rule consolidates fines for repeated violations, prompting busines... Read more