On September 17, 2021, the Ministry of Finance issued Circular No. 78/2021/TT-BTC guiding the implementation of several articles of the Law on Tax Administration, Decree No. 123/2020/ND-CP prescribing invoices and documents (Circular 78) to complete the provisions on electronic invoices (e-invoices). The Circular will take effect from July 1, 2022, with the following essential contents:
(i) Details of delegation to issue the e-invoices;
(ii) Conversion of the application of e-invoices without tax authority’s identification code into e-invoices with tax authority’s identification code;
(iii) Household businesses and individual businesses must use e-invoices;
(iv) Issuance of the invoice for every transaction;
(v) Roadmap for applying the e-invoices.