Business households on e-commerce platforms with revenue over 1 billion VND are required to issue invoices

Updated on 10/28/2026. This article recounts the press conference held on 3/9 by the Tax Department; the contents discussing matters that the tax authority is researching, drafting proposals, or coordinating are the situation at the time of the press conference, not current applicable regulations. Decree 141/2026/ND-CP replaced the phrase 500 million dong with 01 billion dong in many articles of Decree 68/2026/ND-CP (Decree 141/2026/ND-CP, Article 1 Section 1), effective from 01/01/2026 (Decree 141/2026/ND-CP, Article 3); Decree 68/2026/ND-CP is effective from 05/03/2026 (Decree 68/2026/ND-CP, Article 19). From 01/01/2026, business households and individual traders with annual revenue of 01 billion dong or less are not subject to VAT and do not have to pay personal income tax; those with revenue exceeding 01 billion dong are subject to VAT and must pay personal income tax (Decree 68/2026/ND-CP, Article 3 and Article 4, as amended by Decree 141/2026/ND-CP). Decree 70/2025/ND-CP ceases to be effective from 01/07/2026 (Decree 254/2026/ND-CP, Article 43 Section 2); Circular 32/2025/TT-BTC ceases to be effective from 01/07/2026 (Circular 91/2026/TT-BTC, Article 25 Section 2). The sections below regarding revenue thresholds, tax declaration periods, invoices and invoice authorization have been updated according to current regulations.

In the context of e-commerce rapidly developing in Vietnam, tax management for online business households is increasingly being tightened. On 3/9, the Tax Department held a specialized press conference to announce new regulations according to Decree 68/2026/ND-CP of the Government and Circular 18/2026/TT-BTC of the Ministry of Finance. These are important changes that all business households on e-commerce platforms need to understand clearly to comply properly with legal regulations.

In particular, one of the most notable points is the mandatory electronic invoice issuance requirement for business households with revenue exceeding the current threshold (see the section Electronic Invoice Issuance Obligations with the 1 Billion Dong Threshold below). This marks an important shift in promoting transparency in online business activities and ensuring consumer rights.

New Regulations on Revenue Threshold and Tax Declaration

Decree 68/2026/ND-CP has clearly divided revenue levels and corresponding tax obligations. Business households and individual traders with annual revenue of 01 billion dong or less do not declare taxes by period but notify the actual revenue generated in the year to the tax authority, at the latest on 31/01 of the following year (if the actual revenue generated in the year exceeds 01 billion dong, then declare and pay taxes from the quarter in which revenue exceeds that threshold), and declare other types of taxes according to Form 01/TKN-CNKD (Decree 68/2026/ND-CP, Article 8 Section 1 Point a, as amended by Decree 141/2026/ND-CP; Decree 68/2026/ND-CP, Article 8 Section 2; Circular 18/2026/TT-BTC, Article 4 Section 1 Point a). This regulation applies from 05/03/2026 (Decree 68/2026/ND-CP, Article 19; Circular 18/2026/TT-BTC, Article 9 Section 1).

Ms. Pham Thi Minh Hien, Deputy Head of the International Tax Policy Division of the Tax Department, emphasized a new point in this decree: the requirement for business households to notify their bank account number or electronic wallet number to the tax authority. This helps the tax management authority monitor cash flows more closely.

Regarding personal income tax, business households and individual business operators with annual revenue exceeding 1 billion dong up to 3 billion dong can choose to file based on taxable income (revenue minus expenses) multiplied (x) by a tax rate of 15%, or based on revenue exceeding 1 billion dong multiplied (x) by the tax rate according to industry and occupation ranging from 0.5% to 5% (the 0.5% rate applies only to distribution and supply of goods); annual revenue exceeding 3 billion dong is calculated based on taxable income (Law on Personal Income Tax 109/2025/QH15, Article 7 Section 2 and Section 3; Law 09/2026/QH16, Article 1, delegating the Government to stipulate this revenue threshold, with that threshold being 1 billion dong according to Decree 68/2026/NĐ-CP, Article 4 Section 1 and Section 5, as amended by Decree 141/2026/NĐ-CP). This regulation applies from the 2026 tax calculation period (Law on Personal Income Tax 109/2025/QH15, Article 29 Section 2). If you have chosen to calculate based on taxable income, you must maintain that method consistently for 2 consecutive years starting from the first year of application (Decree 68/2026/NĐ-CP, Article 4 Section 5 Point d, as amended by Decree 141/2026/NĐ-CP). For real estate rental only: please consult your accountant. From 05/03/2026 (Decree 68/2026/NĐ-CP, Article 19), business households and individual business operators with annual revenue exceeding 1 billion dong up to 50 billion dong file taxes quarterly, and annual revenue exceeding 50 billion dong file taxes monthly (Decree 68/2026/NĐ-CP, Article 10 Section 1 and Section 2, as amended by Decree 141/2026/NĐ-CP). Business households and individual business operators paying personal income tax based on taxable income make provisional personal income tax payments monthly or quarterly in the same VAT tax filing document, then file the annual personal income tax settlement (Decree 68/2026/NĐ-CP, Article 10 Section 2 Point b).

Obligation to issue electronic invoices with 1 billion dong threshold

Business households and individual business operators with annual revenue exceeding 1 billion dong, or selling assets requiring registration of ownership rights or usage rights, must use electronic invoices with tax authority codes or electronic invoices generated from point-of-sale systems with data connection to the tax authority (Decree 254/2026/NĐ-CP, Article 6 Section 1 Point d, effective from 01/07/2026; Decree 68/2026/NĐ-CP, Article 8 Section 5, as amended by Decree 141/2026/NĐ-CP). Some cases do not require electronic invoices, for example, income from real estate rental, or acting as agents for lottery sales, insurance, or multi-level sales where the enterprise has already withheld taxes (Decree 254/2026/NĐ-CP, Article 7).

Business households and individual business operators with annual revenue from 1 billion dong or less, meeting conditions and having the need, can register to use electronic invoices (Decree 68/2026/NĐ-CP, Article 8 Section 5 Point b, as amended by Decree 141/2026/NĐ-CP). Specifically for activities of selling goods and providing services directly to consumers (retail, excluding automobiles, motorcycles, motor scooters and other motor vehicles; food and beverage; restaurants; hotels and other activities mentioned in the document), Decree 254/2026/NĐ-CP, Article 6 Section 1 Point c stipulates using electronic invoices from point-of-sale systems. Decree 254/2026/NĐ-CP, Article 4 Section 1, also stipulates that when selling goods or providing services, the seller must issue an electronic invoice to give to the buyer, except in cases not required to use electronic invoices under Article 7 of that Decree. If your annual tax calculation revenue exceeds 1 billion dong during the year, you must use electronic invoices with tax authority codes or electronic invoices generated from point-of-sale systems with data connection to the tax authority, and register within 30 days from the last day of the tax calculation period when cumulative revenue exceeds 1 billion dong (Decree 68/2026/NĐ-CP, Article 8 Section 5 Point c, as amended by Decree 141/2026/NĐ-CP). Please consult your accountant to determine whether your situation requires using electronic invoices.

In the case where a business household or individual business operator has multiple business locations, use the tax identification number of the business household or individual business operator for all stores and must clearly indicate the business location code on the invoice (Decree 68/2026/NĐ-CP, Article 8 Section 5 Point a, as amended by Decree 141/2026/NĐ-CP). This helps avoid confusion and ensures accuracy in tax filing.

Households with previous year revenue below 1 billion dong (excluding those already registered for electronic invoicing under Article 8, Section 5, Point b of Decree 68/2026/NĐ-CP) that have revenue above 1 billion dong in the tax calculation year must use electronic invoices with tax authority codes or electronic invoices generated from cash registers connected to the tax authority's data system, and register for electronic invoicing within 30 days from the last day of the tax period with cumulative revenue exceeding 1 billion dong (Decree 68/2026/NĐ-CP, Article 8, Section 5, Point c, as amended by Decree 141/2026/NĐ-CP). For newly established households: please consult your accountant.

At the time of the press conference, the tax authority was also studying special mechanisms for applying invoices to traditional market traders with revenue exceeding 1 billion dong. The goal is to ensure compliance with invoicing regulations while remaining suitable for the transaction characteristics of this sector.

Invoice Authorization Mechanism for E-commerce Platforms

One of the issues of interest to many online business households is authorizing e-commerce platforms to issue electronic invoices. From July 1, 2026, sellers of goods and service providers can authorize third parties to issue electronic invoices for their business activities (Decree 254/2026/NĐ-CP, Article 4, Section 5, effective from July 1, 2026 under Article 43, Section 1; Circular 91/2026/TT-BTC, Article 9, Section 1, Point a). The authorized party must be a third party meeting the conditions for using electronic invoices, and both the seller and the authorized party must not be in cases of cessation or suspension of electronic invoice use under Article 8 of Circular 91/2026/TT-BTC (Circular 91/2026/TT-BTC, Article 9, Section 1, Point a). If an e-commerce platform is a third party meeting those conditions, the seller can authorize the platform to issue invoices for goods sales and service provision transactions on the platform. Circular 32/2025/TT-BTC ceased to be effective from July 1, 2026 (Circular 91/2026/TT-BTC, Article 25, Section 2).

Authorization must be in written form (contract or agreement) between the authorizing party and the authorized party, and must be reported to the tax authority when registering for electronic invoice use (Circular 91/2026/TT-BTC, Article 9, Section 1, Points b and c). When a business household or individual business authorizes a third party that is an economic organization, that economic organization must report the list of business households and individual businesses giving authorization to the tax authority (Circular 91/2026/TT-BTC, Article 9, Section 3, Point c). The electronic invoice issued by the authorized party must display the name, address, and tax identification number of the authorizing party and the name, address, and tax identification number of the authorized party (Circular 91/2026/TT-BTC, Article 9, Section 1, Point d). These provisions apply from July 1, 2026 (Circular 91/2026/TT-BTC, Article 25, Section 1).

At the press conference, a representative of the Tax Department affirmed that according to Decree 70/2025/NĐ-CP on invoices and documents (this decree ceased to be effective from July 1, 2026: Decree 254/2026/NĐ-CP, Article 43, Section 2), when goods sales or service provision activities occur, the seller must issue an invoice in accordance with legal regulations. According to current regulations, business households and individual businesses with annual revenue exceeding 1 billion dong must use electronic invoices with tax authority codes or electronic invoices generated from cash registers connected to the tax authority's data system (Decree 254/2026/NĐ-CP, Article 6, Section 1, Point d, effective from July 1, 2026), except in cases where electronic invoices are not required as mentioned above (Decree 254/2026/NĐ-CP, Article 7).

At the time of the press conference (March 9), the tax authority was closely coordinating with e-commerce platforms and the E-commerce Tax Sub-department to widely implement the invoice authorization mechanism. The goal is to maximize convenience for sellers in complying with invoicing and document regulations when conducting business on e-commerce platforms.

Directions Mentioned at the Press Conference

At the time of the press conference (9/3), the regulatory agency was drafting amendments to the Decree on invoices and documents, which includes provisions on aggregate invoices and cases where invoices are not required to be issued. This aims to resolve practical difficulties and create a more appropriate legal framework suited to the characteristics of each type of business. From 01/07/2026, Decree 254/2026/NĐ-CP on invoices and documents takes effect (Decree 254/2026/NĐ-CP, Article 43 Section 1); please read the above sections according to this text.

Tightening tax management and mandating electronic invoice issuance not only helps the State manage revenue sources more efficiently but also creates a transparent and fair business environment for all business households. Consumers are also better protected when they have complete invoices and documents for each transaction.

For business households on e-commerce platforms, understanding and properly complying with the new regulations is not only a legal obligation but also a way to build credibility and achieve sustainable development in the increasingly fierce competitive environment of e-commerce.