The Law of corporate income tax (CIT) has been proposed for modification by Ministry of Finance, in which the news of CIT for small and medium enterprises (SMEs) being significantly reduced has received positive responses from the business community.

E-invoice is expected to be commonly applied for enterprises since January 1, 2018. However, despite numerous advantages of e-invoice, enterprises remain concern over the rapid application of this service.

E-invoicing helps businesses save a significant chunk of expenses related to paper invoices, including printing, storing, and administrative procedure compliance cost.