Tax Compliance in Vietnam
Every company in Vietnam, both local and international, is required to comply with all applicable regulations.
In terms of corporate tax reporting and compliance, your company should submit tax statements on a monthly, quarterly and annual basis, regardless of whether you conduct any business activities and have any tax liabilities or not. Tax statements should be processed timely and with great accuracy for on-time submission. This is where Cekindo can assist you to comply with tax reporting regulations in Vietnam.
Benefits of Outsourcing Tax Reporting in Vietnam
By choosing our tax and accounting services in Vietnam, you will:
- Minimize your operational costs and administrative burdens
- Increase the flexibility and efficiency of your business in the long run
- Get accurate reports submitted on time
Cekindo takes pride in its multinational team of experienced and skilled professionals. Possessing knowledge of Vietnamese business processes and regulations, our accountants ensure tailored solutions to accommodate your business needs. We will always make sure that our tax reporting is based on your requirements and in accordance with the Vietnamese standard operating procedures and applicable laws.
Our corporate tax services include:
1. Monthly, quarterly and annual tax reporting
Rest easy as you let us handle your accounting, e-filing and tax obligations. We take care of the output value-added tax (VAT) i.e. invoices issued for clients, and input VAT (i.e. invoices issued based on services provided). We also submit a monthly report that provides information on the number of invoices issued for clients as well as the number of canceled invoices. Furthermore, we provide corporate income tax and personal income tax calculation services.
2. Preparing financial report
Not only do we take care of your monthly, quarterly and annual tax reporting, our accounting and tax experts also prepare your financial statements by end of the year as well as classifying and checking the validity of all reports and whether they are in compliance with the regulations prior to submitting the final financial statements.
3. Other tax compliance such as Withholding Tax, internal tax accounting
In addition, we also take care of other tax compliance in Vietnam, such as withholding tax and internal tax accounting, if required by your company. Withholding tax rates may be different between one company and another, depending on a contract.
4. Tax Auditing
Last but not least, we offer tax auditing services to companies who require professional assistance and support in preparing reports to be submitted to the tax auditing office in Vietnam.
