For the first time in history, the tax sector brought all transactions of enterprises performed electronically to gather at the tax authority.

The Tax sector will be responsible for investing in upgrading
the technical infrastructure of the e-invoice system. 

Speaking at an online training session with six tax departments and tax branches about the e-invoice management process, Deputy Director General of General Department of Taxation Dang Ngoc Minh said, by the end of September, the Minister of Finance issued six decisions to implement e-invoice phase one for six key provinces and cities, namely Hanoi, Ho Chi Minh City, Hai Phong, Quang Ninh, Binh Dinh and Phu Tho.

In phase 1, the tax sector set a target that 70% of transaction invoices are e-invoices. Phase 2 will be implemented nationwide from April 2022.

On October 5, 2021, the Director General of Taxation also signed Decision No. 1477/QD-TCT promulgating the process of e-invoice management.

Process 1477 stipulates the order and procedures for implementing e-invoice management activities of tax authorities and tax officers at all levels from receiving and processing user registration, receipt, handling, risk management, audit and exploiting the information of electronic invoices uniformly throughout the tax sector.

E-invoices managed under this process are the types of invoices specified in Article 8 of Decree No. 123/2020/ND-CP which are presented in the form of electronic data, including value-added invoices, sale invoices, e-invoices for the sale of public property, e-invoices for the sale of national reserve goods, documents printed, issued, used and managed as invoices including delivery notes for internal transportation, delivery notes sent for sale to agents and other invoices.

Subjects of application are the General Department of Taxation, Tax Departments, Tax Branches, and Regional Tax Branches; tax officers at all levels.

“This was an unprecedented process of the tax sectors because the implementation of e-invoices under Circular 32/2011/TT-BTC had stopped at creating conditions and encouraging businesses to apply, serving the business’s digital transformation. Now, according to Decree 123/2020/ND-CP and Circular 78/2021/TT-BTC, the use of invoices would move to a new step, which was the application of an authenticated e-invoice, as well as the management of the tax authority. In other words, we would have a centralized e-invoice management model complying with the regulations," Deputy Director General Dang Ngoc Minh said.

According to the provisions of Circular 78/2021/TT-BTC, the tax sector would be responsible for investment in upgrading the technical infrastructure of the e-invoice system to be ready to receive requests and connect with all E-contract service providers. All transactions of businesses would be managed by the tax authority. This was new content that is not only for the tax industry but also for countries around the world. For the first time in history, the Tax sector brought all transactions of enterprises conducted by electronic means to the tax office, serving the management and digital transformation of the Tax sector, Finance sector as well as the Government.

Currently, the Ministry of Finance and the General Department of Taxation have been completing projects to build software and information technology infrastructure.