On 30 June 2026, the Government issued Decree No. 254/2026/NĐ-CP, providing detailed regulations and implementation guidance for certain provisions of the Law on Tax Administration No. 108/2025/QH15 concerning electronic invoices and electronic documents.
Some notable points are as follows:
1. Timing of invoice issue:
– Where the service provider receives payment before or during the provision of services, the invoice must be issued at the time the payment is received (this does not apply to deposits collected in accordance with the Civil Law to secure the performance of a service contract)
– The Decree introduces additional cases involving the sale of goods or provision of services on a large scale with frequent transactions, where a reconciliation period between the supplier and the customer is required. These include: maritime pilotage services; advertising services on electronic newspapers; digital technology services; digital platform services; banking services; international money transfer services; securities services; crypto-asset services; support services for transactions conducted on carbon trading exchanges; computerized lottery services; road toll collection services between investors and toll collection service providers; insurance services; security services; industrial catering services; and other similar services….. issued no later than the 7th day of the month following the month in which the services are provided, or within 07 days from the end of the agreed reconciliation period, as applicable.
– Where the seller does not have an automated invoicing system and transactions for the sale of goods or provision of services arise during night working hours as prescribed by the Labour Law, the invoice may be issued no later than the next working day.
2. Invoice contents:
– Where the purchaser does not provide their name, address, or personal identification number, the invoice must clearly state “Sold to Consumer” in place of the purchaser’s information.
– For promotional goods or services provided in accordance with the laws on commerce, as well as goods or services given as gifts, donations, or complimentary items in compliance with applicable laws, enterprises are permitted to issue a consolidated invoice covering all transactions arising during a month or quarter, consistent with the seller’s value-added tax (“VAT”) declaration period.
Note: An invoice that does not contain the purchaser’s information or an invoice issued to a consumer cannot be used by enterprises, public authorities, other organizations, household businesses, or individual business households as supporting documentation for expense recognition or tax finalization purposes in accordance with the prevailing tax regulations.
3. Effective date:
This Decree takes effect from 1 July 2026
Original document:
- 📄 Download Decree 254/2026/NĐ-CP dated 30 Jun 2026 issued by Government: here
