Decree on Invoice Management
关于发票管理的法令
ດຳລັດ ວ່າດ້ວຍການຄຸ້ມຄອງໃບເກັບເງິນ
Summary
This decree stipulates principles, regulations, and measures for the management, use, and supervision of invoices (receipts), including types, formats, and content of invoices, printing and use, rights and obligations of parties, prohibited acts, management and supervisory authorities, and penalties for violations, uniformly implemented nationwide, replacing the Invoice Decree No. 12/General Order of 2006.
Articles
Article 1
Purpose. This Decree stipulates principles, regulations, and measures concerning the management, use, tracking, and inspection of invoices, in order to achieve uniformity nationwide, aiming to ensure the correctness, completeness, timeliness, transparency, and verifiability of tax revenue entering the state budget, thereby contributing to the national socio-economic development.
Article 2
Invoice management. An invoice is a document confirming the sale and purchase of goods and/or services, specifying the content, items, quantity, value, and tax amount of the goods or services. Invoice management refers to the implementation of principles, regulations, and measures regarding invoice work, where invoices serve as a tool used by the state in accordance with laws and regulations for bookkeeping, declaration, tax deduction and refund, approval of goods movement, provision of services and convenience, revenue collection, and monitoring and inspection of tax obligation fulfillment.
Article 3
Interpretation of Terms. The meanings of terms used in this Decree are as follows: 1. Sale means the supply of goods and services, transfer of ownership, exchange, donation, and leasing to individuals, legal entities, and organizations; 2. Promotion means market activities carried out to achieve established sales targets, such as lotteries, giveaways, etc.; 3. Invoice issued using goods and services sales recording equipment means a paper or electronic invoice issued using modern tools such as point-of-sale recording equipment, cash registers, and other devices; 4. Legal invoice means invoices issued by the Ministry of Finance, invoices printed and used by business units, invoices issued using goods and services sales recording equipment, electronic invoices, and purchase-sale confirmation documents of people, production groups, non-residents without an enterprise established in Laos, and residents with an enterprise established in a special economic zone and permitted by the tax authority; 5. Illegal invoice means an invoice not permitted by the tax authority; 6. Fee means a charge for state administrative authority collected through state agencies in the form of issuing certificates and various types of licenses from individuals, legal entities, and organizations engaged in economic and social activities; 7. Service charge means a fee collected by state agencies for administrative and technical services in activities serving society, not for profit, to subsidize state budget expenditures; 8. Issuing an invoice means fully writing or printing all items on an invoice, or issuing it via an electronic system and then delivering it to the purchaser of goods or services; 9. Domestic movement of goods means moving goods from one place to another within the territory of Laos; 10. Possession means holding goods for personal use or for resale to others.
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