Businesses with annual revenue under 500 million VND are not required to use electronic invoices.

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According to Clause 5, Article 8 of Government Decree No. 68/2026/ND-CP, business households and individual businesses are classified according to revenue levels to apply regulations on the use of electronic invoices.

Ms. Nguyen Hong Dao asked whether household businesses and individual businesses with annual revenue under 500 million VND are allowed to issue electronic invoices.

According to her, in reality, many government agencies require invoices for settlement purposes. Without invoices, business operations face difficulties as they cannot meet customer requirements.

Regarding this matter, the Tax Department of Can Tho City has the following opinion:

Based on the provisions of point c, clause 5, Article 8 of Government Decree No. 68/2026/ND-CP regulating tax policy and tax management for business households and individual businesses:

"... c) Newly established business households and individuals as defined in Article 9 of this Decree, or business households and individuals whose taxable value-added tax revenue in the previous year was less than 1 billion VND but whose taxable value-added tax revenue in the current tax year is 1 billion VND or more, must use electronic invoices with tax authority codes or electronic invoices generated from cash registers connected to the tax authority. Business households and individuals must register to use electronic invoices within 30 days from the last day of the tax period with cumulative taxable value-added tax revenue of 1 billion VND or more."

Based on the above regulations, business households and individual businesses with annual revenue under 500 million VND are not eligible to use electronic invoices.

In the case of household businesses and individual businesses with actual annual revenue ranging from 500 million to 1 billion VND, meeting the conditions and having a need to use electronic invoices, they should register to use electronic invoices with the tax authority.

If you encounter any difficulties, please contact the Tax Office No. 6 in Can Tho City for guidance.

Businesses with annual revenue under 500 million VND are not required to use electronic invoices.

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