OFFICIAL LETTER NO. 47061/CTHN-TTHT GUIDING INVOICES WHEN RECEIVING SPONSORSHIP
Official Letter No. 47061/CTHNH-TTHT provides guidance on invoices when receiving sponsorship as follows:
Based on the above regulations, in case the Center receives support funds as prescribed in Clause 1, Article 5 of Circular No. 219/2013/TT-BTC, it is not required to declare and pay VAT, the unit shall prepare a collection document according to regulations. In case the Center receives money from organizations and individuals to perform services for organizations and individuals such as repair, warranty, promotion, advertising, it must prepare invoices according to the provisions of Clause 1, Article 4 of Decree No. 123/2020/ND-CP, and at the same time declare and pay taxes according to regulations.
