Nearly 9,000 business households and individuals in Hanoi have registered to use e-invoices generated from cash registers, according to Hanoi Tax Sub-Department Region I.

The figure exceeds the assigned target by 180%. The agency currently manages more than 311,000 business households and individuals in the city.

Of these, 4,979 businesses have annual revenues of over VND1 billion (US$38 million) and are required to use e-invoices generated from cash registers.

This group accounts for 1.6% of the total number of registered business households.

Ahead of the effective date of Decree No.70/2025/ND-CP, tax authorities launched outreach campaigns to raise awareness and guide business owners on implementation.

During the early phase of the decree's enforcement, many business owners were unfamiliar with the new policy and technologies.

Therefore, tax authorities focused on support rather than penalties. However, intentional violations will be handled in accordance with the law.

As of June 11, 4,379 businesses that fall under the mandatory application category had registered to use e-invoices from cash registers.

Additionally, 4,551 business households that were not yet required to comply volunteered to adopt the new system.

This brought the total number of registered businesses to nearly 9,000, well above the target.

Hanoi Tax Sub-Department Region I also denied reports that some business households in markets such as Ninh Hiep, Dong Xuan, Long Bien, and La Phu, or along major commercial streets like Hang Ngang and Hang Dao, have closed or scaled back operations due to Decree No.70.

According to the agency, 2,961 businesses temporarily ceased operations in May and June.

Only 263 of these were required to use e-invoices, accounting for 8.8% of the temporarily closed group and just 5% of all businesses subject to the new invoicing rules.

In general, traditional markets continue to operate normally without widespread closures.

The tax policy itself remains unchanged under the new invoicing system. Decree No.70 does not negatively affect the operation of small businesses.

The requirement to use e-invoices from cash registers is aimed at ensuring tax compliance based on actual revenue and creating a transparent, fair business environment.

Some businesses have expressed concern about potential retroactive tax collections, fearing that e-invoices may reveal higher actual revenues than the previously estimated fixed tax amounts.

The agency clarified that, under the Law on Tax Administration and Circular No.40/2021/TT-BTC, fixed tax is determined based on both data from tax authorities and the declarations of business owners.

If revenue fluctuates by more than 50% within a year, businesses may request tax adjustments.

Any changes will only be applied from the time of the reported fluctuation onward.

The tax office encourages business households to understand tax regulations properly, fulfill their obligations, and ensure fairness for all.

Authorities will monitor revenue by sector and industry to determine appropriate tax levels.

Business owners are also advised to request invoices when purchasing goods or services for business operations.

This helps ensure goods are legally circulated and traceable and supports the government's effort to combat counterfeit and substandard products.