What every Foreign Company needs to know about the annual FDI Audit in Vietnam

This simple FDI audit is required of every foreign company doing business in Vietnam. The audit is due on March 31st of the calendar year. This is based on a new investment law introduced in 2021,  Law 61/2020/QH14 on Investment, Decree 31/2021/NĐ-CP, the investment law and the guideline for implementation Decree took effect on the 1st … Continued

Outsourcing Your Accounting in Vietnam: The Pros and Cons

As business owners all over the world continue to run their businesses on leaner budgets, many organisations in Vietnam have also found that outsourcing accounting is a great way to increase the quality and keep the costs down. A survey conducted by KPMG found that 40% of entrepreneurs and companies globally are currently using accounting … Continued

Outsourcing Bookkeeping in Vietnam: A Smart Business Decision

Accounting has always been part of running a business. Yet, there’s simply not enough time & resourcing for most business owners to manage their accounting matters. Especially for bookkeeping, despite its monotonous and tedious nature, it is still a critical function for business growth. However, you can outsource bookkeeping in Vietnam to deal with this … Continued

Accounting and Bookkeeping: Key things to note for Foreign Owned Companies

Compliance in accounting and bookkeeping is essential when doing business in Vietnam. This is why companies, especially foreign establishments, must start prioritizing their accounting and bookkeeping compliance and corporate tax functions. This includes meeting federal tax deadlines, complying with new tax laws that affect foreign-owned companies and more. Find out How Cekindo Can Help you … Continued