Technology Hardware and Equipment

Vietnam Invoice System Tender

📄 Tender ID: 463817704 📅 Published: 13 Jul 2021

📋 Tender Overview

The General Department of Taxation is building an Electronic Invoice System on the basis of 4.0 technology application architecture in the direction of deployment for a big data system in accordance with the requirements of handling a large number of invoice transactions. It is expected that in the near future the system will be deployed first at 6 Tax Departments of provinces and cities expected to include Hanoi Ho Chi Minh City Quang Ninh Hai Phong Phu Tho and Binh Dinh.Limit tax fraudIn order to limit cases of fraudulent abuse in the use of invoices in Article 5 of Decree No. 122015ND-CP dated February 12 2015 of the Government detailing the implementation of the Law amending and supplementing Supplementing a number of articles in the Laws on Taxation and amending and supplementing a number of articles of the Tax Decrees stipulates Business taxpayers who are subject to high tax risks shall make e-invoices and send information on the invoice electronically to the tax authority to receive the invoice verification code from the tax authority. Accordingly the Ministry of Finance has issued Decision No. 1209QD-BTC dated June 23 2015 piloting the use of electronic invoices with authentication codes of tax authorities.According to the above regulations businesses are using two types of electronic invoices including those without the authentication code of the tax authorities according to Circular No. 322011TT-BTC and the electronic invoice with the authentication code by the tax authority according to Decision No. 1209QD-BTC.The application of e-invoices in the past time has brought many benefits such as reducing the time and cost of invoices for businesses contributing to limiting fraudulent acts of invoices. In addition e-invoices also help businesses reduce the cost of paper ink transportation and especially the cost of storing invoices. Enterprises do not have to prepare invoice usage reports data from electronic invoices is automatically connected to the value-added tax declaration software so businesses do not take time to prepare value-added tax declarations.Chemistry electronic application also has high security because of the use of digital signatures of the seller should be able to do fake bill is difficult. Therefore the use of electronic invoices to replace paper invoices will overcome fraud arising in the use of invoices.According to a report by the General Department of Taxation there are currently 255 enterprises nationwide piloting the application of e-invoices with authentication codes of tax authorities according to Decision No. 1209QD-BTC of the Ministry of Finance and more than 550000 Enterprises apply electronic invoices according to Circular No. 322011TT-BTC. According to aggregated data from reports on the use of invoices sent by businesses the number of e-invoices used by businesses a year is about 1.3 billion invoices. There are about 800 enterprises nationwide providing e-invoice software solutions for businesses and business organizations to use. The number of used e-invoices in 2020 is about 2.3 billion accounting for about 50 of the total number of invoices used in 2020.Helping businesses with digital transformationIn parallel with the current implementation of e-invoices based on the provisions of Decree No. 1232020ND-CP and requirements for management of e-invoices the General Department of Taxation is finalizing the draft Circular guiding Decree 123 on invoices and vouchers. At the same time the General Department of Taxation is researching technology solutions building an overall design of the electronic invoice management system to meet the provisions of Decree No. 1232020ND-CP.Accordingly the e-invoice system is built on the basis of 4.0 technology application architecture in the direction of deploying a big data system Big Data in accordance with the requirements of handling a large number of transactions on the Internet. Invoices business processing function blocks are designed to be deployed flexibly with high openness following the model of software development deployment and operation without affecting the operation of the application. .It is expected that the e-invoice system will be implemented first in 6 provinces and cities in the last months of the year before being deployed nationwide ensuring the deadline as prescribed in Decree 1232020. government.The implementation of the Electronic Invoice System also contributes to helping businesses digitalize when digitizing automating all work processes to replace the previous manual and inefficient working method. . All activities of enterprises from production promotion marketing sales payment to invoicing in the near future will be digitized and synchronized in order to optimize the management process improve working efficiency. work save costs.

🔍 Key Information

📄
Tender Reference No.
463817704
📅
Publication Date
13 Jul 2021
🌐
Sector
Technology Hardware and Equipment
📝
Notice Type
News
📍
Location
Viet nam

📁 Documents & Downloads

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🏷️ CPV

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🧭 Quick Facts

Authority N/A
Country Viet nam
State / UT N/A
Tender Type Procurement News
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