ENTERPRISE WITH THE CHARTER CAPITAL OF OVER VND 1 BILLION ALLOWED HAVING INVOICE PRINTING
On May 15, 2013, the Ministry of Finance issued the Circular No. 64/2013/TT-BTC guiding the implementation of the Decree No. 51/2010/ND-CP dated May 14, 2010 of the Government providing for goods sale and service provision invoices.
In particular, Enterprises and public service providers allowed to create self-printed invoices when the tax code is issued include enterprises established within the law in industrial parks, Chief accountant, export processing zones, and hi-tech zones; public service providers that engage in production or business as prescribed by law; the enterprises of which charter capital is at least 03 billion VND according to the actual capital contribution when the invoices are issued.
Business organizations that do not fall into the cases in Point a of this Clause may print their own invoices if all conditions satisfied that the tax code is issued; there are revenues from goods sale and service provisions; there are equipment for printing and making invoices (computers, printers, cash registers); the enterprise is a accounting unit as prescribed by the Law on Accounting, and has invoice printing software to ensure that the data from the invoice printing software are transferred to accounting books every month for making financial statements and tax declarations sent to tax authorities. Besides, the enterprise has not carried penalties for violations against the law on taxation, or the total amount of violations against the laws on taxation is smaller than 50 million VND within 365 consecutive days from the first date of issuance of self-printed invoices backwards.
This Circular takes effect on July 01, 2013 and replaces the Circular No. 153/2010/TT-BTC dated September 28, 2010, and the Circular No. 13/2011/TT-BTC dated February 08, 2011.
