Asia Briefing from Dezan Shira & Associates 04:05 ADVERTORIAL
ISSUE 6
Under Article 8 of Decree no.123/ND- CP, invoices are classified into the following types: Value-added tax (VAT) invoice: This may be used by organizations that make VAT declarations using the declaration method. Sales invoices: Used to record revenue from the sale of goods or provision of services that declare VAT under the direct method. Invoices for public property sales: Used to record revenue from the sale of public property by state agencies, public non-business units, and socio-political organizations. Electronic sales invoices on national reserve goods: Used when a state reserves agency or unit sells national reserve goods in accordance with regulations and laws. Other documents that are treated as invoices: These include tickets, cards, delivery and internal transfer notes, and delivery notes for goods sent to sales agents. Dezan Shira’s Vietnam Briefing summarises compliance regulations, the information that must be contained on an e-invoice and how such invoices should be stored.
Cambodia’s 2025 national holiday calendar includes key holiday dates that could impact business schedules for foreign companies and investors. These holidays reflect the rich traditions of Cambodian culture and significant historical moments, such as the Khmer New Year (April 14-16) and the Pchum Ben Festival (September 21-23) Such extended holiday periods could potentially affect office and business operations as the nation celebrates. The Water Festival (November 4-6) is also widely observed, particularly in Phnom Penh. ASEAN Briefing offers detailed information to help organisations understand and plan for Cambodia’s national holiday schedule. Engaging local partners and anticipating holiday- related shutdowns can allow businesses to maintain the smooth running of operations. Vietnam mandates the use of e-invoice (electronic invoice) for all taxpayers. Its provisions on e-invoices are promulgated under Law on Tax Administration 2019, Decree 123/2020/ND-CP, and Circular 78/2021/TT-CP . From July 1, 2022, all enterprises, economic organizations, household businesses, and individuals paying tax under the declaration method must use e-invoices, except for certain cases.
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