Our Services
All companies in Vietnam have to comply with the requirements set forth in the Law on Accounting and the Vietnam Accounting Standard. If your business is new to the country, you may find these financial reporting requirements troublesome and time-consuming.
That’s why BBCIncorp is here, to provide you with a set of comprehensive accounting services. When using our services, you can relieve your company from the heavy burden of compliance. You will get more time and resources to focus more on running your company in Vietnam.
Accounting Service
The fee for our accounting service will mainly depend on the number of your company’s monthly transactions:
Transactions per month
* Greater than 90 transactions per month? Please contact us.
What‘s included in Accounting package?
- Monthly/quarterly and yearly tax preparation
- Bookkeeping service and FSs compilation
- Appointment of Chief Accountant
US$35
/Month
Total yearly estimated cost for accounting:
US$420
* Applied to trading without import/export activities, service businesses. Fees applied to other business lines like manufacturing, construction, etc. will be adjusted upward.
* Excluded: VAT 10%
What‘s included in Accounting package?
- Monthly/quarterly and yearly tax preparation
- Bookkeeping service and FSs compilation
- Appointment of Chief Accountant
Tax Filing Services
All entities are subject to file a tax return when incorporated in Vietnam. You are required to file the following taxes:
- VAT, CIT, PIT on the quarterly or monthly basis
- CIT or PIT’s annual finalization
- Annual license tax
- Monthly or quarterly report for using invoice
Plus, registering for a personal tax code is also an essential part that needs to be taken care of.
Let BBCIncorp do all the hassles for you by completing all the filing compliance on your behalf!
Plus, registering for a personal tax code is also an essential part that needs to be taken care of.
Let BBCIncorp do all the hassles for you by completing all the filing compliance on your behalf!
What you'll need to prepare
All invoices in the reporting period
Company bank statements
Company incorporation documents
Need help with your accounting reports in Vietnam?
Frequently Asked Questions
Get to know more with frequently asked questions.
Where can I learn about the Vietnam Accounting Standards?
The Vietnam Accounting Standards (VASs) are built based on the International Financial Reporting Standards (IFRS) but customized to fit the local circumstances. Go through the keypoint of the Vietnam Accounting Standards.
What is the official language and currency used in the Vietnam Accounting Standards?
There is no regulation about an official language or currency in the accounting reports. You are free to complete your reports with your desired language or currency as long as you notify your direct supervisory tax authority.
However, when it comes to preparing financial statements, Vietnamese and Vietnam Dong are compulsory by law.
What is the accounting period of a newly-established company in Vietnam?
The accounting period will start from the first effective day of the Business Registration Certificate to the last day of the monthly, quarterly, or yearly accounting period.
How can I submit my data?
There are 3 methods:
- Via email
- Via cloud storage
- Via remote access to your internal accounting system