VietnameseCHARTER CAPITAL OF OVER ONE (01) BILLION VND CAN CREATE SELF-PRINTED INVOICE
The Ministry of Finance issued the Circular No. 13/2011/TT-BTC dated February 08, 2011 amending and supplementing Circular No. 153/2010/TT-BTC of September 28, 2010, guiding the Government’s Decree No. 51/2010/ND-CP of May 14, 2010, on goods sale and service provision invoices.
Accordingly, Points a and b, Clause 1, Article 6 of Circular No. 153/2010/TT-BTC are amended in the open direction to the entities eligible to print invoices by themselves. In particular, enterprises with a charter capital of one (01) billion VND or higher actually contributed at the time of notifying the issuance of invoices instead of five (05) billion VND as regulated in the Circular No. 153.
Operating businesses other than those defined at Point a of this Clause may themselves print invoices for sale of goods and provision of services when fully satisfying the following conditions: Having obtained a tax identification number; Having turnover from goods sale and service provision; Having equipment systems (computers, printers, cash registers) for printing and making out invoices upon sale of goods or provision of services; Being accounting units as defined in the Accounting Law and having a goods sale and service provision software linked with the accounting software to enable automatic transfer of invoice data to the accounting software (or database) at the time of making out invoices.
Besides, organizations are not being sanctioned for tax-related violations or having been sanctioned for tax-related violations with total paid fines of less than fifty (50) million VND within three hundred and sixty five (365) consecutive days up to the date of notifying the first issuance of self-printed invoices.”
This Circular takes effects on March 25, 2011.
Circular 13/2011/TT-BTC DOC (Word)
Circular 13/2011/TT-BTC PDF (Original)
Circular 13/2011/TT-BTC ZIP (Word)
