Businesses asked to use e-invoices from July 1 Business

Businesses asked to use e-invoices from July 1

Except for several special cases, all enterprises, business households and individuals must use e-invoices instead of paper invoice starting from July 1, according to a circular issued by the Finance Ministry.
Businesses eager to use e-invoices Business

Businesses eager to use e-invoices

As many as 263,182 businesses registered to use e-invoices after one month of piloting e-invoices in six provinces and cities, accounting to 71 percent of the total enterprises and organisations in the localities, according to the General Department of Taxation (GDT).
Vietnam rolls out electronic invoices Business

Vietnam rolls out electronic invoices

The General Department of Taxation on November 21 started to issue electronic invoices (or e-invoices) in Hanoi, Ho Chi Minh City, Hai Phong, Quang Ninh, Phu Tho, and Binh Dinh.
Malaysia to remove goods and services tax World

Malaysia to remove goods and services tax

The Malaysian government of new Prime Minister Mahathir Mohamad, who pledged to abolish the Goods and Services Tax (GST) during the election campaign, has announced that the rate will be cut from 6 percent to zero percent from June 1.
Firms wary of switch to e-invoices Business

Firms wary of switch to e-invoices

The Ministry of Finance is drafting regulations on e-bills and will ask the Government to set a deadline of July 2018 for businesses to switch over from paper. But local businesses say they don’t have the information technology resources to meet the proposed deadline.
No more self-printed invoices Business

No more self-printed invoices

The General Department of Taxation has ruled that from 2018, firms will have to obtain their invoices from the department instead of printing their own.