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29 October, 2019

By the end of 2019, it is mandatory to use electronic invoices at Hanoi businesses

The company is using paper invoices, will it be possible to use paper invoices in the near future? Many questions arise in businesses.

The Hanoi Tax Department has set a target that by the end of 2019, 95% of businesses in the area will use electronic invoices.

According to the provisions of Decree 119/2018/ND-CP dated September 12, 2018 on e-invoices when selling goods and providing services, the expansion of the application of e-invoices is basically completed in 2019 in Hanoi, Ho Chi Minh City and major cities. This regulation is one of the key key tasks in 2019 directed by the Government in Resolution No. 01/NQ-CP dated January 1, 2019 on key tasks and solutions to implement the development plan. socio-economic development and state budget estimates in 2019.

According to the Hanoi Tax Department, in order to promote the application of e-invoices, ensure the completion of key tasks in revenue management under the direction of the Government, the Ministry of Finance and the Hanoi People’s Committee, ensuring The application of e-invoices in Hanoi city is synchronous, efficient, and unified. The target of the unit is that by December 31, 2019, 95% of businesses are managing to apply electricity bills. death.

Leaders of Hanoi Tax Department asked all officials and employees to actively research and grasp the contents of the plan and roadmap to deploy e-invoices in the fourth quarter of 2019 at the Hanoi Tax Department.

The Hanoi Tax Department also requested officials and employees of the Inspection Departments, Inspection Teams, Propaganda Teams of Tax Sub-Departments to actively propagate, mobilize, urge and encourage organizations and enterprises under the Tax Department. Early adopters of e-invoices will be applied in the fourth quarter of 2019.

E-invoice A-invoice, efficient, economical, fast.

The application of electronic invoices helps save costs for businesses and for the whole society; help tax authorities build database on invoices. Tax authorities and other state agencies do not spend a lot of money and time to compare invoices as now, thereby contributing to timely preventing invoices of businesses that have fled or gone missing; prevent tax fraud, tax evasion, ensure the completion of the goal in tax administration is to collect correctly, fully and timely collect into the state budget and create a high consensus in the business community , taxpayers.

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