Circular No. 39/2014/TT-BTC dated March 31, 2014 of the Ministry of Finance providing guidance on the implementation of the Government's Decree No. 51/2010/ND-CP dated May 14, 2010 and the Government's Decree No. 04/2014/ND-CP dated January 17, 2014 on invoices for goods sale and service provision.

In comparison with current provisions, there are some major adjustments in this Circular as follows:

- Annulling the mode of export invoice, by which value added invoice and sale invoice are used for goods sale and service provision (clause 2, Article 3)

- The use of self-printed invoices is only reserved for enterprises operating in industrial parks, economic zones, export-processing zones or hi-tech parks and enterprises having at least VND 15 billion of chartered capital. Particularly, enterprises that newly established as from June 1, 2014 with the chartered capital of under VND 15 billion buying fixed assets with the value of at least VND 1 billion may print invoices themselves for goods sale and service provision (clause 1, Article 6)

- Enterprise paying tax by the credit method; enterprises with high risks related to tax are compulsory to buy invoices of tax authorities (clause 1, Article 11)

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This Circular takes effect on June 01, 2014. To annul Circular No. 64/2013/TT-BTC dated May 15, 2013. The previous regulations on invoices that are contrary to this Circular are annulled. Other documents on invoices that are not contrary to this Circular are still effective.

From June 1, 2014, tax authorities shall not receive the notice on export invoice issuance. In order to use outstanding export invoices, enterprises must register the outstanding numbers of export invoices to tax authorities before July 31, 2014 (according to the form No. 3.12 in Annex 3 issued together with this Circular). The export invoices which have not been registered yet or registered after July 31, 2014 shall be destroyed.

Enterprises that are using self-printed invoices, invoices printed on order before the effective date of this Circular may still create self-printed invoices, invoices printed on order if they do not transfer to buy invoices of tax authorities as from the effective date of this Circular.