Does an electronic invoice necessarily have đá bóng trực tiếp buyer’s electronic signature in Vietnam?

Doesan electronic invoicenecessarily have đá bóng trực tiếp buyer’s electronic signature in Vietnam?

Pursuant to point a, clause 14, Article 10 ofDecree 123/2020/ND-CP, it is stipulated that in some cases, e-invoices do not necessarily need to contain all đá bóng trực tiếp contents of a complete invoice, as follows:

Contents of đá bóng trực tiếp Invoice

...

14. Certain cases where e-invoices do not necessarily have full contents

a)An e-invoice is not required to have đá bóng trực tiếp buyer's digital signature (including cases where an e-invoice is generated when selling goods or providing services to customers abroad).In cases where đá bóng trực tiếp buyer is a business establishment and đá bóng trực tiếp buyer and seller have agreed that đá bóng trực tiếp buyer meets đá bóng trực tiếp technical conditions to digitally sign đá bóng trực tiếp e-invoice issued by đá bóng trực tiếp seller, đá bóng trực tiếp e-invoice will contain đá bóng trực tiếp digital signature of both đá bóng trực tiếp seller and đá bóng trực tiếp buyer according to their agreement.

b) For e-invoices issued by đá bóng trực tiếp tax authority on a per-transaction basis, đá bóng trực tiếp digital signature of đá bóng trực tiếp seller and đá bóng trực tiếp buyer is not necessarily required.

c) For e-invoices issued for sales at supermarkets or shopping centers where đá bóng trực tiếp buyer is an individual not engaged in business, it is not necessary to include đá bóng trực tiếp name, address, or tax code of đá bóng trực tiếp buyer on đá bóng trực tiếp invoice.

...

Therefore, on e-invoices, a digital signature of đá bóng trực tiếp buyer is not compulsory.

However, if đá bóng trực tiếp buyer is a business establishment and there is an agreement between đá bóng trực tiếp buyer and seller concerning đá bóng trực tiếp buyer's technical capacity to digitally sign đá bóng trực tiếp invoice issued by đá bóng trực tiếp seller, đá bóng trực tiếp e-invoice will include đá bóng trực tiếp digital signatures of both đá bóng trực tiếp buyer and seller per their agreement.

Does an electronic invoice necessarily have đá bóng trực tiếp buyer’s electronic signature in Vietnam?(Image from đá bóng trực tiếp Internet)

Shall e-invoices be printed out or search upon request in Vietnam?

Based on Article 6 ofDecree 123/2020/ND-CPregarding đá bóng trực tiếp retention and retention of invoices and records:

Retention and retention of Invoices and records

1. Invoices and records must be stored and retained to ensure:

a) Safety, confidentiality, integrity, completeness, without alteration or misrepresentation throughout đá bóng trực tiếp retention period;

b) Correct and complete retention duration as prescribed by accounting law.

2. e-invoices and e-records must be stored and retained by e-means. Entities, organizations, individuals have đá bóng trực tiếp right to choose and apply methods of preserving and storing e-invoices and records that fit đá bóng trực tiếp specifics of their activities and their capability to apply technology.e-invoices, e-records must be printed out or search upon request or accessible upon request.

3. Invoices printed by tax authorities, self-printed records must meet đá bóng trực tiếp following retention, retention requirements:

a) Unissued invoices, records must be retained and stored in a warehouse according to đá bóng trực tiếp retention and retention policies for valuable records.

b) Issued invoices, records within accounting units must be retained under đá bóng trực tiếp provisions for retention and retention of accounting records.

c) Issued invoices, records within organizations, households, individuals not classified as accounting units must be retained and stored as private assets of those organizations, households, individuals.

Therefore, according to regulations, e-invoices and e-records must be printed out or search upon request or accessible upon request.

What language does đá bóng trực tiếp e-invoice use in Vietnam?

According to Article 12 ofDecree 123/2020/ND-CP, it is stipulated as follows:

Format of e-Invoices

1. đá bóng trực tiếp format of an e-invoice is a technical standard that prescribes đá bóng trực tiếp data type and data length for information fields used for đá bóng trực tiếp transmission, retention, and display of e-invoices. đá bóng trực tiếp format of an e-invoice uses đá bóng trực tiếp XML record format language (XML stands for "eXtensible Markup Language" in English, created for đá bóng trực tiếp purpose of sharing e-data between IT systems).

2. đá bóng trực tiếp format of e-invoices comprises two components: đá bóng trực tiếp business data component of đá bóng trực tiếp e-invoice and đá bóng trực tiếp digital signature data component. For e-invoices with đá bóng trực tiếp tax authority's code, there is an additional data component related to đá bóng trực tiếp tax authority code.

3. đá bóng trực tiếp General Department of Taxation develops and announces đá bóng trực tiếp business data components of e-invoices, đá bóng trực tiếp digital signature data component, and provides đá bóng trực tiếp tools for displaying đá bóng trực tiếp contents of e-invoices as stipulated in this Decree.

4. Organizations and enterprises selling goods and providing services must meet đá bóng trực tiếp following requirements when transmitting e-invoice data to đá bóng trực tiếp tax authority through direct submission:

a) Connect with đá bóng trực tiếp General Department of Taxation through a leased line channel or MPLS VPN Layer 3 channel, comprising 1 main transmission channel and 1 backup transmission channel. Each channel must have a minimum bandwidth of 5 Mbps.

b) Utilize Web Service or Message Queue (MQ) with encryption as đá bóng trực tiếp method for connection.

c) Use đá bóng trực tiếp SOAP protocol for packaging and transmitting data.

5. e-invoices must fully and accurately display đá bóng trực tiếp contents of đá bóng trực tiếp invoice to avoid misleading interpretations so that buyers can read them using e-tools.

Therefore, e-invoices use đá bóng trực tiếp XML record format language (XML stands for "eXtensible Markup Language" in English).