Tax and Accounting Services in Vietnam
Managing tax work starts with knowing which filings are due, whether the records are complete and who is responsible for preparation and submission.
Pham Do Law Firm provides tax reporting, annual finalisation and monthly accounting services for businesses of every size. We help businesses define the recurring work and separate it from earlier issues that need review.
Define the reporting work before agreeing the service
We review the business's reporting position, available records and work already completed. For a new company, the discussion focuses on its first reporting periods; for an operating business, it may involve recurring support or a handover from another provider.
The initial review identifies missing information and unfinished work. Management can then distinguish the ongoing service from any separate review or correction of earlier records.
Tax support and accounting services
Periodic tax reporting
We review the records for the agreed reporting periods and prepare the relevant tax returns and related filings. Our team raises missing information with the company's contact and confirms who will approve and submit each filing.
Annual tax finalisation
We assess the applicable annual tax finalisation (quyết toán thuế) requirements, including corporate income tax and employer personal income tax obligations where relevant. We then prepare the agreed filings using the available records and identify any figures or supporting documents that require clarification.
Monthly accounting and bookkeeping
We provide bookkeeping and monthly accounting for foreign-invested and domestic companies alike. The engagement identifies the source records required, the periods covered and the accounting reports to be prepared.
We review your existing records before the engagement begins. Tax support is considered separately, so a request for tax assistance is not treated as a request for full accounting outsourcing.
Reviewing earlier records
We examine the earlier records and identify gaps or inconsistencies requiring further work. The findings inform a separate correction scope and fee, rather than leaving historical issues inside an undefined monthly service.
Responsibilities and outputs
| Work | What the company provides | Output to agree in the proposal |
|---|---|---|
| Periodic reporting | Transaction records, invoices and information about previous filings. | Tax returns and related filings, with confirmation of who approves and submits them. |
| Annual finalisation | Records for the year and explanations of unresolved items. | Prepared finalisation filings and a summary of outstanding matters. |
| Eligible accounting work | Source documents and opening records for the periods covered. | Bookkeeping records and accounting reports specified for the engagement. |
| Historical review | Earlier books, filings and relevant correspondence. | Findings and a defined list of correction work. |
The proposal identifies professional fees, reporting periods, applicable filing deadlines, deliverables and submission responsibilities. Historical correction work requires separate agreement. Independent audit is not part of the services described here. The company provides accurate source records and the agreed approvals.
We also discuss how financial records and taxpayer information will be shared, accessed and handled within the agreed service.
Tax and accounting expertise within the team
Le Hai Long heads the Tax Agency Department, and Hua Thi Thu Thuy leads the service accounting team. Their combined work helps coordinate tax reporting with the accounting records and supporting documents on which it depends. Related contract or employment questions can be discussed with the firm's legal team as a separate scope.
Questions about working together
Can you coordinate with our existing accountant?
Yes. We can support selected tasks while the internal accountant retains other work. The proposal allocates preparation, review, approval and submission responsibilities so the same filing is not left to assumptions on either side.
What is needed to change service providers?
We first need the periods concerned, available books and previous filings. Our review identifies the handover documents and unfinished work that must be addressed before the recurring service can be defined.
Does a foreign-invested company qualify for accounting services?
We need to assess the company against the applicable eligibility criteria and the firm's authorised scope before confirming accounting services. We do not accept the engagement based on foreign-invested status alone. Tax support can be discussed separately.
Can you quote before seeing all the records?
We can start with the business activities, reporting periods and approximate transaction volume. A firm proposal depends on understanding the work involved, including whether incomplete records or historical corrections need separate attention.
Identify the next reporting priority
Share the reporting priority, periods concerned and available records with Pham Do Law Firm. Mention any known deadline or handover issue. We can then discuss the proposed service, responsibilities and information needed to prepare a fee proposal.
Related services: Payroll & HR Compliance and Company Incorporation.