Logos, ads may appear on invoices

Firms are allowed to print their logos or advertising on their invoices along with compulsory information, said Vu Thi Mai, deputy director of the General Department of Taxation.
Firms are allowed to print their logos or advertising on theirinvoices along with compulsory information, said Vu Thi Mai, deputydirector of the General Department of Taxation.

Earlier this yearthe Government required firms to print their own invoices instead ofhaving to acquire invoice forms from tax agencies, as was the casebefore January 1. These so-called red invoices serve as official proofof commercial transactions for taxes and other purposes.

However,many businesses have complained they still face difficulties inprinting invoices, especially businesses who generate a large amount ofinvoices.

Some say authorities should provide businesses with asample invoice, as there was still confusion over all the informationthat needs to be included on a legal invoice.

Mai said the department will continue to guide firms on how to ensure they comply with the new decree.

Businesses do not need to send documents and sample invoices to tax agencies before printing the invoices, said Mai.

"Invoices for water, electricity and telecommunications services without user signatures are also valid," she said.

Small firms that have less than 10 employees are allowed to continue to buy invoices from tax agencies until the end of 2011./.

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