TAX REPORTING SERVICES IN VIETNAM
PROFESSIONAL, REPUTABLE, QUALITY SERVICES
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1- WHAT IS TAX REPORTING SERVICE?
- Tax reporting service is a service of a professional tax consulting company, helping customers prepare tax declarations, calculate the amount of tax payable, submit tax declarations, support customers in paying taxes and perform other tasks related to the fulfillment of other tax obligations of customers.
- Tax reporting service is one of the important consulting services for businesses and individuals. Tax reporting services support customers in complying with tax laws.
2- WHAT DOES THE TAX REPORTING SERVICE INCLUDE IN VIETNAM?
Tax reporting services often include tasks such as:
a) Tax consulting
Provide information and answer questions related to taxes that individuals or businesses must pay.
b) Tax declaration, tax procedure performing
Help prepare and submit periodic tax returns, tax finalization dossier (personal income tax, value added tax, corporate income tax, etc.).
c) Check and review tax records
Ensure the accuracy and legality of tax returns before submitting to tax authorities.
d) Representing taxpayers
Working with tax authorities on behalf of individuals or businesses, including resolving tax disputes, tax audits, and tax refunds.
e) Update tax legal information
Provides the latest information on changes in tax laws and related regulations.
Tax reporting services are often provided by tax consulting firms, accounting firms, or tax consultants with expertise and experience in this field. The purpose of the service is to help individuals and businesses save time, reduce legal risks and optimize tax payments.
3- TAX REPORTING SERVICE FEES IN VIETNAM
This fee schedule is for reference only. Please contact us for an accurate quote.
|
No |
SERVICES |
FEES (VND) |
|
I |
TAX REPORT SERVICE FEE FOR COMPANY IN VIETNAM |
|
|
A |
Company with 100% Vietnamese capital |
|
|
1 |
VAT declaration fee |
from 1.500.000/quarter |
|
2 |
CIT declaration fee |
from 1.500.000/quarter |
|
3 |
Annual tax finalization fee |
from 3.500.000/year |
|
4 |
Tax settlement explanation fee |
from 5.000.000/year |
|
5 |
Tax settlement explanation fee for dissolution |
from 5.000.000/year |
|
6 |
Procedure fee for transfer to tax authority |
from 5.000.000/year |
|
7 |
VAT refund fee |
Contact for quote |
|
8 |
Tax consulting fee (Vietnamese) |
from 600.000/hour |
|
9 |
Tax consulting fee (English) |
from 1.000.000/hour |
|
10 |
Other works |
Contact for quote |
|
B |
The company with foreign capital |
|
|
1 |
Contact for quote |
|
|
II |
TAX REPORT SERVICE FEE FOR INDIVIDUAL IN VIETNAM |
|
|
1 |
Personal income tax declaration fee from salary and wages (Vietnamese people) |
from 1.200.000/year |
|
2 |
Personal income tax refund fee (Vietnamese people) |
from 1.500.000/year |
|
3 |
Fee for declaring personal income tax from salary and wages (foreigners) |
from 1.800.000/year |
|
4 |
Personal income tax refund fee (foreigners) |
from 1.800.000/year |
|
5 |
Fee for declaring personal income tax from business |
from 5.000.000/year |
|
6 |
Real estate rental tax declaration fee (Vietnamese) |
from 2.500.000/time |
|
7 |
Real estate rental tax declaration fee (foreigners) |
from 3.500.000/time |
|
8 |
Tax consulting fee (Vietnamese) |
from 600.000/hour |
|
9 |
Tax consulting fee (English) |
from 1.000.000/hour |
|
10 |
Other works |
Contact for quote |
4- TAX REPORTING SERVICE DETAILS OF GOLDEN STAR IN VIETNAM
Golden Satr Accounting and Consulting Company is headquartered in Vietnam, providing tax reporting services to businesses and individuals as follows:
4.1. TAX REPORTING SERVICES FOR BUSINESSES
- Tax registration,
- Initial tax declaration;
- Register to use electronic invoices;
- Declare value added tax (VAT) Month/Quarter/Year;
- Declare corporate income tax (CIT) monthly/quarterly/yearly
- Personal income tax declaration (PIT)
- VAT refund procedures;
- Declare annual tax finalization;
- Declare tax finalization for dissolution;
- Contractor tax declaration;
- Confirmation of completion of tax obligations;
- Tax declaration for representative offices and executive offices;
- Declare other taxes;
4.2. TAX REPORTING SERVICES FOR INDIVIDUALS
- Tax registration for individuals;
- Tax declaration from salary and wages
- Declare tax finalization from salaries and wages;
- Personal income tax refund procedures;
- Tax declaration and tax finalization from business;
- Declaring property rental tax;
- Confirmation of completion of tax obligations;
- Declare other taxes.....
5- WHAT ARE THE PENALTIES FOR NOT SUBMITTING A TAX REPORT IN VIETNAM?
According to the provisions of Vietnamese Law:
a) Failure to register for tax; failure to submit tax returns; Filing a tax return 90 days after the deadline for filing a tax return is an act of tax evasion. Penalties are as follows:
- The penalty for tax evasion will be from 1 to 3 times the amount of tax evaded.
- If the amount of tax evasion is subject to criminal handling, it will be criminally handled according to the provisions of the Criminal Law.
b) Fine from 8,000,000 VND to 15,000,000 VND for one of the following acts:
- Submitting tax declaration documents from 61 to 90 days beyond the prescribed time limit;
- Submitting tax declaration documents 91 days or more beyond the prescribed time limit but not incurring tax payable;
- Failure to submit tax declaration but no tax payable arises.
6- RECORDS THAT CUSTOMERS NEED TO BE PROVIDED WHEN USING TAX REPORTING SERVICES
Depending on each specific tax reporting service, Golden Star will guide customers to provide the necessary documents to perform tax reporting. Customer records that need to be provided can be:
- Contract;
- Sales invoice;
- Bank account statement;
- Tax deduction receipt;
- Confirm income….
7- WORK OF GOLDEN STAR WHEN PERFORMING TAX REPORTING SERVICES IN VIETNAM
When performing tax reporting services, Golden Star will perform the following tasks:
- Consulting on related contents;
- Guide customers to prepare necessary documents and information;
- Calculate the tax amount payable;
- Drafting documents and preparing tax declaration documents;
- Submit tax declaration documents to tax authorities;
8- CONDITIONS FOR PROVIDING TAX REPORTING SERVICES IN VIETNAM?
Tax reporting services are a conditional business in Vietnam. According to the provisions of Vietnamese law, in order to provide tax reporting services, businesses must be granted a Certificate of eligibility to conduct tax procedure service business by the Tax Department of the province or centrally run city.
According to regulations, the conditions for granting a certificate of eligibility to conduct tax procedure service business are:
a) Is an enterprise that has been established according to the provisions of law.
b) Have at least 02 people who have been granted a certificate to practice tax procedure services and work full-time at the enterprise.
Golden Star Accounting and Consulting Company has been granted a Certificate of eligibility for tax procedure service business by the Ho Chi Minh City Tax Department.
Certificate of eligibility for Tax Procedure Service Business in Vietnam (See detail)
9- DIFFICULTIES CUSTOMERS OFTEN ENCOUNTER WHEN PERFORMING TAX REPORTS BY THEMSELVES
When performing tax reporting procedures in Vietnam, customers often encounter the following difficulties:
- Customers who are not knowledgeable about tax laws, tax declaration procedures, tax declaration documents and need a reputable, professional, dedicated place to support tax declaration.
- Tax laws and regulations are often complex and change frequently, making it difficult for customers to grasp and update promptly.
- Customers are insecure and worried about violating tax laws.
10- WHO USING TAX REPORTING SERVICES IN HCM CITY, VIETNAM?
Using tax reporting services, the following customers can be:
- Customers do not understand tax regulations and tax declaration procedures;
- Customers want to save time and costs when performing tax procedures;
- The newly established company does not have employees to carry out tax declaration procedures;
- Small and medium enterprises, wanting to outsource tax reporting services to save costs;
- Foreign-invested enterprises want to outsource tax reporting services;
- Representative offices of foreign companies operating in Vietnam want to outsource tax reporting services;
- Customers want to outsource tax reporting services to do the job professionally.
11- WHY SHOULD YOU USE TAX REPORTING SERVICES IN VIETNAM?
a) Helps save time for taxpayers
In the process of production and business activities, tax is always a complicated and unpleasant issue for businesses and individuals. You have to spend a lot of time to carry out tax procedures.
Golden Star's tax reporting service will help you save time. You will have more time to focus on your main professional work when using Golden Star's tax reporting service.
b) Helps reduce maximum costs for taxpayers
Tax reporting is an important job, which is what every legal business and individual must do. To ensure benefits for businesses, tax reports need to be accurate, performed by highly qualified accountants.
Meanwhile, the cost of hiring a good accountant is not cheap. And to help save maximum costs, tax reporting services are exactly what you need. The accounting team at tax consulting companies are all excellent individuals with many years of practical experience who will help you solve tax declaration problems while still optimizing costs for your business.
c) Helps prevent tax risks
Tax laws are not fixed but are regularly changed or supplemented. In order to ensure the interests of businesses and limit risks, choosing tax reporting services at reputable addresses is extremely necessary.
You are an enterprise doing business in Vietnam. To avoid risks related to implementing Vietnamese tax procedures, Golden Star's tax reporting service will help you declare taxes and carry out tax procedures in accordance with regulations.
d) Help resolve tax issues
In Vietnam today, regulations on tax policy and tax accounting are very complex and frequently change. If you are not an expert in the tax field, it is very difficult for you to grasp the provisions of tax laws. Many businesses have violated tax laws, been fined and had taxes collected because they did not promptly grasp the regulations, did not know the provisions of tax laws or did not understand the regulations correctly. Golden Star's tax reporting service will help you make the required tax declaration.
e) Help monitor compliance with tax laws
You are a business owner, you are the legal representative of the business, you do not understand much about accounting or tax regulations, so how can you evaluate tax accountants and accountants? Does your business's chief accountant carry out tax procedures in accordance with regulations? Golden Star's tax reporting service will help you with this.
Do you need a tax consultant to check and re-control your tax reports and check whether your business's tax reporting is done in accordance with regulations? Golden Star's tax reporting service will help you.
12- REASON YOU SHOULD USE TAX REPORTING SERVICE OF GOLDEN STAR?
a) Many years of experience in tax consulting and tax reporting in Vietnam
Golden Star with more than 15 years of experience providing tax reporting services, tax procedure implementation services, tax consulting, and business consulting for thousands of customers in other fields and business lines together. Golden Star Accounting and Consulting Company confidently supports customers in complying with Vietnamese laws on accounting, implementing tax procedures, tax laws, business laws and other legal regulations.
b) Understand tax laws, tax and accounting policies in Vietnam
At Golden Star Accounting Services Company, experts are knowledgeable about current tax regulations, accounting standards and regularly updated on changes.
c) Highly qualified and specialized personnel
The personnel performing our tax consulting services are highly qualified people with a lot of experience and practical knowledge in the field of tax and accounting.
The experts are professional lawyers and accountants at Golden Star with more than 15 years of experience in the field of tax, accounting and law consulting.
d) Company is licensed by the Tax Department to practice tax procedure services
Golden Star Accounting Company is one of the companies licensed by the General Department of Taxation to practice tax procedures.
Certificate of eligibility for Tax Procedure Service Business in Vietnam (See detail)
e) A company that has been granted a certificate of eligibility to provide accounting services by the Ministry of Finance of Vietnam
Golden Star Accounting and Consulting Company Limited fully meets the conditions prescribed by Vietnamese accounting law to provide accounting services and has been granted a Certificate of eligibility for business services by the Ministry of Finance. accounting service:
Certificate of eligibility for Accounting Service Business in Vietnam (See detail)
g) Many customers have used the tax reporting service and rated it highly
Up to now, hundreds of individuals and businesses in many fields and industries have been using our tax reporting services. Customers using Golden Star's tax reporting service are businesses (domestic enterprises, foreign-invested enterprises, project management boards, representative offices) or individual taxpayers.
Refer to some typical customers of Golden Star (See details)
13- PROCESS FOR PERFORMING TAX REPORTING SERVICES IN VIETNAM?
Step 1: Receive customer requests, quote service prices
- Golden Star Accounting will receive customer requests via phone, email, or zalo.
- After obtaining information about customer requirements and clearly understanding customer needs, Golden Star will advise and quote appropriate tax declaration services.
Step 2: Draft and sign the service agreement
- After agreeing on the work content and service fees, Golden Star will draft a service contract.
- Legal representatives of both parties will sign the agreement.
Step 3: Advise customers to prepare documents
- Golden Star Accounting staff will advise customers on preparing documents and information that need to be provided to Golden Star.
Step 4: Draft and prepare tax declaration documents
- Golden Star Accounting staff will calculate the tax amount payable, prepare documents, and send them to customers to sign.
Step 5: Submit dossier
- Golden Star accounting staff will submit documents and receive results according to customer authorization.
- During the service implementation process, both parties will have regular and continuous exchanges to grasp the directions and ways to resolve the work quickly and most conveniently.
- If any situation arises, Golden Star will discuss and consult with customers to ensure compliance with legal requirements.
14- EXPERIENCE IN CHOOSING A REPUTABLE TAX REPORTING SERVICE COMPANY IN VIETNAM?
Before choosing a tax reporting service provider, you need to carefully research the information to avoid risks.
Below is some information to identify reputable and quality tax reporting service providers.
a) Ensure that business conditions are met according to regulations on tax procedure service business
Tax reporting service is a conditional business. To be provided with tax reporting services, the enterprise must be granted a Certificate of eligibility to carry out tax procedures by the Tax Department.
Therefore, please check to see if that business has a Certificate of eligibility to conduct tax procedure service business or not.
Golden Star Accounting Company is one of the companies licensed by the Tax Department to practice tax procedures.
Certificate of eligibility for Tax Procedure Service Business in Vietnam (See detail)
b) Choose a tax reporting service provider that has been operating for a long time
Companies that have been operating for a long time will be exposed to a variety of industries and fields, and have more experience when handling difficult documents. On the other hand, over a long period of operation, they will build a scientific and methodical working process and a team of highly qualified and quality staff.
Golden Star Accounting Company with over 15 years of tax reporting service practice. Using Golden Star tax declaration services, you can be completely assured of the quality.
c) Highly qualified and experienced staff
The quality of tax reporting services depends on the qualifications and experience of the staff, especially the key staff.
Therefore, to choose a quality tax reporting service company, you should choose a company with a team of highly qualified and experienced personnel.
d) Reasonable price
Price often comes with quality, high quality often has high prices and vice versa.
Service quality is determined by the quality of the staff providing the service. Services provided by highly qualified, experienced personnel often cost more than services provided by less qualified, less experienced personnel.
Therefore, choose a tax reporting service provider with reasonable prices.
15- ANSWER SOME QUESTIONS RELATED TO TAX REPORTING SERVICES IN VIETNAM
Question 1: Is there a contract signed when using tax reporting services of Golden Star?
Answer:
Yes.
Before performing the work, the customer and Golden Star Accounting and Consulting Company will sign a service contract to carry out tax procedures.
The content of the contract is agreed between the two parties to ensure compliance with the law, on time, according to standards and to protect the rights of customers.
Question 2: Does Golden Star Accounting Company provide tax reporting services nationwide? What if We are outside Ho Chi Minh City?
Answer:
We provide tax preparation services nationwide.
No matter which province or city your company is in, please contact us for specific advice and to choose the best cooperation plan.
Question 3: Our company does not have output or input invoices, so do we have to file a tax return?
Answer:
Yes.
According to the law, even if there are no output or input invoices, businesses still have to submit tax declarations, financial reports, and make tax finalization.
Question 4: Deadline for submitting tax reporting documents?
Answer:
1. Deadlines for submission of tax declaration dossiers of taxes declared monthly and quarterly:
a) For taxes declared monthly: the 20th of the month succeeding the month in which tax is incurred;
b) For taxes declared quarterly: the last day of the first month of the succeeding quarter.
2. For taxes declared annually:
a) For annual tax statement dossiers: the last day of the 3rd month from the end of the calendar year or fiscal year. For annual tax declaration dossiers: the last day of the first month from the end of the calendar year or fiscal year
b) For annual personal income tax statements prepared by income earners: the last day of the 4th month from the end of the calendar year;
c) For fixed tax declarations prepared by household businesses and individual businesses: the 15th of December of the preceding year. For new household businesses and individual businesses: within 10 days from the date of commencement of the business.
3. For declaration of taxes that are declared and paid upon incurrence: the 10th day from the day on which tax is incurred.
4. For tax declaration dossiers upon shutdown, contract termination, business conversion or business re-arrangement: the 45th day from the occurrence of the event.
5. The Government shall specify the deadlines for submission of statements of farming land levies, non-farming land levies; land levies; land rents, water surface rents; mineral extraction licensing fee; water resource extraction licensing fee; registration fee; licensing fees; other amounts payable to state budget in accordance with regulations of law on management and use of public property; multinational profit reports.
6. Deadlines for submission of customs dossiers of exports and imports are specified by the Law on Customs.
7. In case a taxpayer declares tax electronically on the last day of the time limit for declaration and the information portal of the tax authority is not functional, the taxpayer may submits the electronic declaration on the next day after the online portal is functional again.
Question 5: What are the penalties for late submission of tax returns?
Answer:
Vietnamese law stipulates penalties for late submission of tax declarations as follows:
Penalties imposed in form of cautions shall be imposed for violations arising from filing tax returns from 01 to 05 days after expiration of the prescribed time limits under mitigating circumstances.
Fines ranging from VND 2,000,000 to VND 5,000,000 shall be imposed for the act of submitting tax returns from 01 to 30 days after expiration of the prescribed time limits, except the cases specified in clause 1 of thisArticle.
Fines ranging from VND 5,000,000 to VND 8,000,000 shall be imposed for the act of submitting tax returns from 31 to 60 days after expiration of the prescribed timelimits.
Fines ranging from VND 8,000,000 to VND 15,000,000 shall be imposed for one of the followingviolations:
Filing tax returns from 61 to 90 days after expiration of the prescribed timelimits;
Filing tax returns at least 91 days after expiration of the prescribed time limits if none of additional taxes isincurred;
Failing to submit tax returns if none of additional taxes isincurred;
Failing to submit annexes under regulations regarding tax administration by enterprises having related-party transactions, enclosing CIT finalizationdossiers.
Fines ranging from VND 15,000,000 to VND 25,000,000 shall be imposed for the act of filing tax returns more than 90 days after the prescribed deadline if such act results in additional taxes to be paid, and the taxpayer has fully paid taxes, deferred amounts into the state budget before the time of the tax authority’s announcement of the decision on tax inspection and examination, or before the time of the tax authority’s issuance of the report on the deferred submission of tax returns.
Question 6: What are the penalties for not submitting tax returns?
Answer:
According to Vietnamese Law: No tax registration; failure to submit tax returns; Filing a tax return 90 days after the deadline for filing a tax return is an act of tax evasion.
The penalty for tax evasion will be from 1 to 3 times the amount of tax evaded.
If the amount of tax evasion is subject to criminal handling, it will be criminally handled according to the provisions of the Criminal Law.
Question 7: In addition to submitting tax declarations, are businesses required to have accounting books and prepare financial reports?
Answer:
Yes.
According to the law, businesses must keep accounting books and prepare financial reports according to regulations.
Question 8: When using Golden Star's tax reporting service, do business customers need to purchase a digital signature?
Answer:
Yes.
Business customers are mandatory to purchase digital signatures to declare business information, financial reports, and submit tax dossier.
Question 9: What do customers need to provide when using Golden Star's tax reporting service?
Answer:
- Output and input invoices of the enterprise
- Bank account statements;
- Login information for tax declaration.
Question 10: Does Golden Star Accounting Company commit to information security for businesses?
Answer:
Yes.
Golden Star Accounting with 15 years of experience providing tax declaration services, we are committed to always keeping information confidential for customers.
Question 11: How are tax reporting service fees calculated?
Answer:
Tax reporting service fees depend on the workload of each customer.
When receiving customer requests, Golden Star Accounting will analyze and evaluate the work and offer service fees that best suit the actual situation of each customer.
Please contact us for a detailed quote.
Question 12: Process of providing tax reporting services at Golden Star?
Answer:
Below are some basic steps in the tax reporting service process at Golden Star:
Step 1: Receive customer requests, quote service prices
Step 2: Draft and sign the service agreement
Step 3: Consulting and drafting documents
Step 4: Submit dossier and receive results
Step 5: Hand over documents
Question 13: Should I use the tax reporting service of Golden Star Accounting Firm?
Answer:
Yes.
Because of the following reasons.
a) Many years of practicing tax declaration services, tax consulting, and accounting services;
b) Have expertise and experience in the field of tax consulting and tax declaration;
c) Highly qualified and experienced staff;
d) Dedicated consulting;
e) Reasonable price.
Are you looking for tax reporting services in Vietnam?
To get further information of our services and service fees,
Please contact us at our company address, call or email us
Phone number, email and contact information (See details)
