All 11 methods of non-cash payment under the latest Decree No. 181/2025/ND-CP on Value-Added Tax (VAT)
- Huy Lê
- Jul 3
- 2 min read
On 01 July 2025, the Government issued Decree No. 181/2025/ND-CP detailing the implementation of certain articles of the Law on Value-Added Tax 2024, which includes notable provisions regarding non-cash payment methods as follows:
No. | Non-cash payment method | Documentary requirements |
1 | Standard payment (bank transfer) | Non-cash payment transfer documents as stipulated in Decree 52/2024/ND-CP (cash deposits into the seller’s account are not accepted) |
2 | Offsetting between the value of goods/services purchased and sold or goods borrowed/lent | A written contract clearly specifying the offsetting method + a written agreement on offsetting signed by the involved parties |
3 | Offsetting debts through a third-party involving loan/borrowing | Loan/borrowing contract + proof of fund transfer from the lender to the borrower |
4 | Authorized or designated payment through a third party | Written agreement clearly stipulating the arrangement + the third party must be a legal entity or individual |
5 | Payment by shares or bonds | A written purchase/sale contract signed in advance |
6 | Remaining amount ≥ VND 5 million after offsetting | Non-cash payment transfer documents for the remaining amount |
7 | Payment to a third party’s account at the State Treasury for enforcement purposes | Decision issued by the competent state authority + proof of fund transfer into the State Treasury account |
8 | Installment or deferred payments from VND 5 million or more | Sales contract + invoice + proof of payment upon maturity |
9 | Import value or invoice < VND 5 million or gifts, samples | No requirement for non-cash payment documents |
10 | Employees paying on behalf of the company under internal regulations, with the company reimbursing via non-cash method | Internal or financial regulation + proof of reimbursement to the employee by non-cash method |
11 | Multiple purchases in one day from the same seller totaling ≥ VND 5 million | VAT deductible only if non-cash payment documents are available |
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