SERVICE TO PERPORM ACCOUNTING WORKS IN HO CHI MINH CITY, VIETNAM
PROFESSIONAL, REPUTABLE, QUALITY AND DEDICATED
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1- WHAT IS ACCOUNTING SERVICE?
Accounting service is service provided by professional accounting service companies, performing tasks related to the accounting work of enterprises such as preparing accounting documents, recording detailed accounting books, preparing general accounting books, managing and processing financial information, preparing financial reports, declaring periodic taxes and declaring annual tax settlement.
Accounting service help ensure that the financial data of enterprises is recorded, stored and reported accurately, on time and in compliance with the provisions of the law on accounting.
2- REGULATIONS ON ACCOUNTING BOOKS IN VIETNAM
According to the provisions of Vietnamese law:
1. Accounting books are used to record, systematize and store all economic and financial transactions that have arisen related to the accounting unit.
2. Accounting books must be opened at the beginning of the annual accounting period; for newly established enterprises, accounting books must be opened from the date of establishment.
3. Enterprises must base on accounting documents to record accounting books.
3. Accounting books must be recorded promptly, clearly and completely according to the contents of the books. Information and data recorded in accounting books must be accurate, honest and consistent with accounting documents.
4. Accounting books must be recorded in the chronological order of economic and financial transactions. Information and data recorded in accounting books of the following year must follow the information and data recorded in accounting books of the previous year. Accounting books must be recorded continuously from the time the books are opened until they are closed.
3- WHAT DO ACCOUNTING SERVICES INCLUDE?
Accounting service typically include the following:
a) Preparing accounting documents
Creating invoices, receipts, payment vouchers, etc.
b) Bookkeeping
This involves entering and classifying all business transactions into appropriate accounting accounts, such as sales, purchases, payments, receipts, etc.
c) Tracking payables
This involves managing invoices and purchase documents that a business owes to vendors, suppliers, contractors, and other creditors.
d) Tracking receivables
This involves managing sales invoices and payments that a business receives from customers and other buyers.
e) Payroll
This involves calculating and distributing employee benefits and wages, as well as deducting and remitting taxes and benefits.
g) Managing expenses and cash
This includes tracking and reporting business expenses, such as travel, entertainment, utilities, rent, etc., as well as keeping track of cash funds for small or infrequent purchases.
h) Managing bank accounts
Receiving transaction information, organizing bank documents, and recording bank transactions such as: withdrawing, depositing cash, and paying checks or receiving money into bank accounts.
Comparing and verifying bank account balances with accounting records, and identifying and resolving any discrepancies or omissions.
i) Preparing financial statements
This involves preparing and presenting the company's financial statements, including the balance sheet, income statement, and cash flow statement to show the company's performance and financial position.
k) Tax declaration
Periodic tax declaration and annual tax settlement.
l) Tax consulting
Consulting on tax regulations, consulting on tax procedures.
4- ARE ENTERPRISES MANDATORY TO KEEP ACCOUNTING BOOKS IN VIETNAM?
According to Vietnamese law, enterprises are required to keep accounting books and prepare financial reports as prescribed.
Enterprises will be administratively sanctioned if they do not keep records, keep accounting books and prepare financial reports.
In addition to being administratively sanctioned, the competent authority will require enterprises to keep accounting books and prepare additional financial reports.
When making tax settlements with the tax authority, in addition to invoices and documents, the tax authority always requires accounting books to be provided.
Thus, keeping accounting books and preparing financial reports is mandatory. Even if there is no revenue, expenses, purchase invoices, or sales invoices, enterprises must still have accounting books and prepare financial reports.
5- ACCOUNTING SERVICE FEE IN HO CHI MINH CITY, VIETNAM
We determine our accounting service fees based on the size of your business, the amount and complexity of work to be performed.
This fee schedule is for reference only. Please contact us for an exact quote.
NO |
SERVICE |
FEE (VND) |
1 |
Fee for bookkeeping |
From 1.500.000,00/month |
2 |
Fee for financial statement preparation |
From 3.500.000,00/year |
3 |
Fee for chief accountant |
From 3.000.000/month |
4 |
Fee for reviewing accounting books |
From 1.200.000,00/month |
5 |
Fee for tax declaration |
From 1.500.000,00/month |
6 |
Fee for tax consulting |
From 1.500.000,00/month |
7 |
Advising accounting, tax, law … |
From 800.000/hour |
8 |
Other services |
Contact for quote |
Contact address, email and phone number (See details)
6- WORK OF AN ACCOUNTING SERVICE STAFF IN HO CHI MINH CITY, VIETNAM
Below are the details of the work of an accounting service staff in a fiscal year:
a) Work at the beginning of the year
- Prepare and submit the declaration of business license fees:
- For newly established companies, the latest submission deadline is January 30 of the year following the year of establishment;
- For companies that change their charter capital and open new branches/business locations during the year, the latest submission deadline is January 30 of the year following the year of change;
- Notify and support businesses in completing procedures for paying business license taxes;
b) Daily work
- Prepare a warehouse delivery note when the company sells goods and services;
- Prepare a warehouse receipt when the company purchases goods and services;
- Record the warehouse delivery and import books;
- Track the data of exported - imported - inventory goods according to invoices to grasp the situation of goods;
- Prepare receipts - payments for payment services arising during the day;
- Issue invoices to customers;
- Make a list of taxes to be paid, the amount and the specific payment deadline;
- Track detailed debts between the company and suppliers and customers;
- Perform tasks such as depositing money, withdrawing money at the bank via checks, payment orders, etc.;
- Track production tools and equipment, account for product depreciation, etc.;
- Calculate product cost, cost price, selling price, production cost, revenue, profit, etc. to report, reflect service revenue and accurately confirm business results.
c) Monthly work
- Make export - import - inventory reports, report production and business results;
- Make payroll, make forms related to employees for the business;
- Calculate and pay insurance premiums (including social insurance, health insurance, unemployment insurance, etc.) for employees;
- Prepare and submit personal income tax and VAT declarations to the tax authority (if the business declares monthly);
- Withhold personal income tax and VAT (if incurred);
- Representative meets and explains to tax management officers when requested;
- Enter data into accounting software;
- Store original documents and accounting documents according to regulations.
d) Quarterly work
- Prepare and submit personal income tax and VAT declarations to tax authorities;
- Withdraw personal income tax, VAT and corporate income tax (if any);
- Get subsidiary ledgers and bank documents;
- Prepare and submit interim corporate income tax settlement reports, complete books and send to enterprises.
g) Year-end work
- Recheck all data and documents, compare data between detailed books and general ledgers during the year;
- Close debts during the year for enterprises;
- Prepare and submit financial statements, personal income tax and corporate income tax settlement during the year to tax authorities;
- Prepare and submit statistical reports;
- Print accounting books for the whole year and send to enterprises.
7- CONDITIONS FOR PROVIDING ACCOUNTING SERVICE IN VIETNAM?
In Vietnam, accounting service is a conditional business. According to the provisions of the Vietnamese Accounting Law, to be able to provide accounting service in Vietnam, the enterprise must fully meet the prescribed business conditions and be granted a Certificate of eligibility to provide accounting service by the Ministry of Finance. Golden Star Accounting Service Company fully meets the prescribed conditions and has been granted a Certificate of eligibility to provide accounting services in Vietnam.
Certificate of eligibility for Accounting Service Business in Vietnam (See details)
8- WHY BUSINESSES SHOULD USE ACCOUNTING SERVICE IN HCM CITY, VIETNAM?
a) Help businesses save time and costs when doing business in Vietnam
Accounting is a complex job and requires high expertise. When using accounting services, businesses can save time and costs to focus on core business activities.
b) Ensure compliance with accounting and tax laws in Vietnam
According to Vietnamese law, businesses operating in Vietnam must perform accounting and prepare financial statements according to regulations. Businesses can arrange accounting staff or hire an external accounting service company to perform accounting.
Using accounting service helps businesses ensure compliance with the law and avoid legal risks in Vietnam.
c) Optimize costs
Accounting service is suitable for all businesses, the cost of using accounting services is low, helping businesses manage finances effectively, thereby helping to optimize costs and increase profits.
d) Providing accurate management information
Accounting service help provide accurate and timely management information to help businesses make correct and effective decisions.
e) Professional consulting
Accounting experts have in-depth knowledge of accounting and tax, can provide professional advice to help businesses develop sustainably.
For the above reasons, businesses should use accounting service to ensure smooth and effective business operations.
9- WHICH ENTERPRISES IN VIETNAM IS ACCOUNTING SERVICE SUITABLE FOR?
a) Newly established enterprises
Newly established enterprises that do not have accounting staff and need advice and support in setting up an accounting information system, declaring taxes, preparing corporate financial statements and complying with relevant legal regulations.
b) Small and medium-sized enterprises
Small and medium-sized enterprises that want to outsource accounting service to save costs and ensure that the enterprise complies with accounting and tax laws.
c) Foreign-invested enterprises
Foreign-invested enterprises outsource accounting service to ensure better accounting and tax reporting, helping to comply with accounting and tax laws in Vietnam.
d) Representative offices of foreign companies operating in Vietnam
Representative offices of foreign companies operating in Vietnam outsource accounting services to ensure better accounting and tax reporting, helping to comply with accounting and tax laws in Vietnam.
e) Operating enterprises
- Operating enterprises need to use accounting service to effectively manage and control finances, ensure compliance with legal regulations and optimize costs.
- Enterprises already have accountants but the accountants do not have much experience in accounting and tax and need support from an accounting firm;
- Enterprises already have good accountants but still want an accounting firm to accompany them to get the best support in accounting and tax work.
- Enterprises want to outsource accounting service to perform accounting and tax work professionally.
g) Large-scale enterprises
Large-scale enterprises often have many complex business activities, requiring professionalism and high technical skills in financial and accounting management.
Accounting service companies have accounting experts with in-depth knowledge in the fields of accounting and tax, who can provide professional advice to help enterprises comply with the law and limit risks.
h) Businesses that want to focus on their core business
Businesses that want to focus on their core business often outsource accounting services to reduce auxiliary work and focus on business development.
k) Businesses that need financial advice and support
Businesses that need financial, tax, and risk management advice and support can also use accounting services to ensure that business operations run smoothly and effectively.
10- BENEFITS OF USING ACCOUNTING SERVICE OF GOLDEN STAR IN HO CHI MINH CITY, VIETNAM?
a) Cost savings
- No cost of recruiting and training accountants.
- No need to manage the accounting department. No cost of social insurance, health insurance, bonuses, etc.
- No initial costs such as: Accounting software, accounting desks and chairs, printers, computers, stationery, electricity, water, travel expenses, etc.
b) Accounting books are guaranteed, safe, and legal
- Processing accounting data quickly and accurately, ensuring the highest benefits for the business.
- Accounting books are always neat, smooth, and easy to follow. Because we work entirely on professional accounting software and have a consistent bookkeeping method from the beginning.
- Their accounting team is much more professional and experienced, but the service cost is lower than hiring a qualified accountant.
- Timely updates on the latest circulars, decrees, and tax laws.
c) Fast and timely completion
Books are always guaranteed to be completed as quickly as possible. The accounting service will provide accurate, timely, and fast reports monthly, quarterly, annually, or whenever requested.
11- WHY SHOULD YOU CHOOSE ACCOUNTING SERVICE IN HO CHI MINH CITY OF GOLDEN STAR?
a) Golden Star has many years of experience in the field of accounting and tax declaration services in Vietnam
Golden Star with more than 15 years of experience providing accounting services, tax declaration services, tax procedure services, tax consulting, business consulting for thousands of customers in many different fields and industries, Golden Star Accounting Service Company is confident in supporting customers to comply with Vietnamese laws on accounting, tax procedures, tax law, business law and other legal regulations.
b) Understanding tax law, tax policy, accounting in Vietnam
At Golden Star Accounting Service Company, experts are knowledgeable about accounting, tax regulations, current accounting standards and are regularly updated with new regulations and changes.
c) Highly qualified and specialized staff
The staff performing accounting services at Golden Star Accounting Service Company are highly qualified, experienced and have practical knowledge in the fields of tax and accounting.
The experts are professional lawyers and accountants at Golden Star Accounting Service Company with more than 15 years of experience in the fields of tax, accounting and legal consulting.
Key staff of Golden Star Accounting Company (See details)
d) Golden Star Accounting Company has been granted a Certificate of eligibility to provide tax procedure services by the Ho Chi Minh City Tax Department.
Golden Star is one of the companies in Vietnam that fully meets the conditions for doing business in tax procedure services and tax agency services according to the provisions of Vietnamese tax management law and has been granted a Certificate of eligibility for doing business in tax procedure services by the Ho Chi Minh City Tax Department.
Certificate of eligibility for Tax Procedure Service Business in Vietnam (See details)
e) Golden Star Accounting Company has been granted a Certificate of eligibility to provide accounting services by the Ministry of Finance.
Golden Star is one of the accounting service companies in Vietnam that fully meets the business conditions prescribed by the Law on Accounting of Vietnam and has been granted a Certificate of eligibility to do business in accounting services by the Ministry of Finance.
Certificate of eligibility for Accounting Service Business in Vietnam (See details)
g) Many customers have used accounting service and highly appreciated
Up to now, there have been thousands of customers who are businesses in many different fields and industries that have been using the accounting services of Golden Star Accounting Service Company. Customers using the accounting services of Golden Star Accounting Services Company 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)
12- PROCESS OF ACCOUNTING SERVICE AT GOLDEN STAR IN HO CHI MINH CITY, VIETNAM
To help customers easily grasp the necessary information as well as monitor the working process, Golden Star standardizes the accounting service process for businesses as follows:
Step 1: Receive requests
- Sao Vang will receive customer requests via phone, email and website.
- After grasping basic information, Golden Star staff will proactively contact to discuss in more detail.
Step 2: Survey, discuss, quote
- After receiving information about customer requests and understanding the customer's problem, Golden Star will advise on a suitable service package.
- Quote accounting services.
Step 3: Draft and sign the contract
- After agreeing on the work content and service fee, Golden Star will draft the service contract.
- The legal representatives of both parties will sign the contract.
Step 4: Implementation and reporting of results
- After signing the contract, Golden Star staff will notify the customer of the documents and information that need to be provided to Golden Star.
- Golden Star Accounting Services Company staff will review the entire data system, documents, papers, and resolve customer issues in accordance with the agreement in the accounting service contract.
- During the service implementation process, the two parties will have regular and continuous exchanges to grasp the direction and method of solving the work quickly and conveniently.
- If any situation arises, the accountant will discuss and consult with the business to ensure compliance with legal requirements.
Step 5: File Archiving
Set up and file archiving on accounting software
13- DOCUMENTS THAT CUSTOMERS NEED TO PROVIDE WHEN USING ACCOUNTING SERVICE OF GOLDEN STAR
When using accounting service, customers need to provide Golden Star Accounting Services Company with the following information:
a) Initial documents
- Copy of business registration certificate, investment registration certificate (if any);
- Digital signature;
- Login information for tax declaration;
- Information on business products;
- Financial statements of the previous year (if any);
- Other information (depending on each enterprise).
b) Monthly documents
- Sales contracts;
- Output and input invoices of the enterprise;
- Bank account statements;
- Labor contracts, employee information;
- Other information (depending on each enterprise.
14- EXPERIENCE IN CHOOSING AN ACCOUNTING SERVICE COMPANY IN HO CHI MINH CITY, VIETNAM
Before choosing an accounting service provider, you need to carefully research the information to avoid risks.
Here is some information to identify a reputable and quality accounting service provider.
a) The enterprise has a Certificate of eligibility to provide accounting services in Vietnam
Accounting services is a conditional business in Vietnam. To be able to provide accounting services, the enterprise must be granted a Certificate of eligibility to provide accounting services by the Ministry of Finance. Therefore, check whether the enterprise has a Certificate of eligibility to provide accounting services or not.
Golden Star is one of the accounting service companies in Vietnam that fully meets the business conditions prescribed by the Law on Accounting of Vietnam and has been granted a Certificate of eligibility to do business in accounting services by the Ministry of Finance.
Certificate of eligibility for Accounting Service Business in Vietnam (See details)
b) The enterprise has a Certificate of eligibility for tax procedure services in Vietnam
Tax declaration and tax procedure services are conditional business lines. In order to provide tax declaration services, enterprises must be granted a Certificate of eligibility for tax procedure services by the Tax Department.
Therefore, please check whether the enterprise has a Certificate of eligibility for tax procedure services or not.
Golden Star is one of the companies in Vietnam that fully meets the conditions for doing business in tax procedure services and tax agency services according to the provisions of Vietnamese tax management law and has been granted a Certificate of eligibility for doing business in tax procedure services by the Ho Chi Minh City Tax Department.
Certificate of eligibility for Tax Procedure Service Business in Vietnam (See details)
c) Choose an accounting service provider that has been operating in Vietnam for many years
Companies that have been operating for many years will be exposed to many different industries and fields, and have more experience in handling difficult documents. On the other hand, over a long period of operation, they will build a scientific, methodical working process and a team of highly qualified and quality staff.
Golden Star Accounting Company has more than 15 years of experience in the field of accounting services. Using Golden Star 's accounting services, you can be completely assured of the quality.
d) A team of highly qualified and experienced staff
The quality of accounting services depends on the expertise and experience of the staff, especially the key staff.
Therefore, to choose a quality accounting service company, you should choose a company with a team of highly qualified and experienced staff.
Key staff of Golden Star Accounting Company (See details)
e) Reasonable service price
Price often goes hand in hand with quality, high quality often has a high price and vice versa.
Service quality is determined by the quality of the staff providing the service. Services provided by highly qualified and experienced staff are often more expensive than services provided by less qualified and less experienced staff.
Therefore, choose an accounting service provider with reasonable prices.
15- ANSWERS TO SOME QUESTIONS RELATED TO ACCOUNTING SERVICE IN HO CHI MINH CITY, VIETNAM
Question 1: When using accounting service, is there a service contract?
Answer:
Yes.
Before performing the work, the customer and Golden Star Accounting Service Company will sign an accounting service contract.
The content of the contract is agreed upon between the two parties to ensure compliance with the law, on time, in accordance with standards and to protect the interests of the customer.
Question 2: Does Golden Star Accounting Service Company provide accounting services nationwide? What if I am outside of Ho Chi Minh City?
Answer:
Yes.
We provide accounting service nationwide.
No matter which province or city your company is in, please contact us for specific advice and choose the best cooperation option.
Question 3: Our company does not have output or input invoices, so do we need to record accounting books and prepare financial statements?
Answer:
Yes.
According to Vietnamese law, even if there are no output or input invoices (no transactions), enterprises must still establish accounting books and prepare financial statements at the end of the accounting period according to regulations.
Question 4: Are enterprises required to have accounting books and prepare financial statements?
Answer:
Yes.
According to Vietnamese law, enterprises are required to record accounting books and prepare financial statements according to regulations.
Question 5: If a business does not keep accounting books and prepare financial statements, will it be subject to administrative penalties?
Answer:
Yes.
According to Vietnamese law, a business will be subject to administrative penalties if it does not keep accounting books and prepare financial statements. In addition to being subject to administrative penalties, the authorities will require the business to keep accounting books and prepare additional financial statements.
Question 6: When using the accounting service of Golden Star Accounting Service Company, do customers need to purchase a digital signature?
Answer:
Yes.
Customers are required to purchase a digital signature to submit tax declarations to the tax authorities.
Question 7: When using the accounting service of Golden Star Accounting Service Company, what do customers need to provide?
Answer:
- Output invoices, input invoices
- Bank account statements
- Employee information
- Login information for tax declaration
- Information on business products
- Accounting data of previous years (if any)
Question 8: Does Golden Star Accounting Service Company commit to keeping information confidential for businesses?
Answer:
Yes.
With more than 15 years of experience in providing accounting services, Golden Star Accounting Service Company is committed to always keeping information confidential for customers.
Question 9: What does a financial report include?
Answer:
According to the provisions of the Vietnamese Accounting Law, the financial report of an accounting unit includes:
- Balance sheet;
- Business performance report;
- Cash flow statement;
- Notes to financial statements;
- Other reports as prescribed by law.
Question 10: How are accounting service fees calculated in Ho Chi Minh City, Vietnam?
Answer:
Accounting service fees depend on the amount of work to be performed. Upon receiving a customer's request, Golden Star Accounting Service Company will analyze, evaluate the work and provide the most appropriate service fee for each customer's actual situation.
Please contact us for a detailed quote.
Contact address, email and phone number (See details)
Question 11: What is the process of providing accounting service at Golden Star Accounting Service Company?
Answer:
Here are some basic steps in the accounting service process at Golden Star Accounting Service Company:
Step 1: Receive customer requests
Step 2: Survey and quote service
Step 3: Draft and sign service contract
Step 4: Implement and report results
Step 5: Archive records
Question 12: Should I use the accounting service in Ho Chi Minh City of Golden Star Accounting Service Company?
Answer:
Yes.
For the following reasons.
a) Many years of experience in the field of tax declaration services, tax consulting, accounting bookkeeping services;
b) Have expertise and experience in the field of tax consulting, tax declaration, accounting;
c) Have a Certificate of eligibility to conduct accounting services in Vietnam;
d) Have a Certificate of eligibility to conduct tax procedure services in Vietnam;
g) A team of highly qualified and experienced staff;
h) Dedicated service;
i) Reasonable price.
Are you looking for accounting service for your business in Ho Chi Minh City, Vietnam?
To get further information about accounting service and fees
Please contact Golden Star Accounting Company as follows:
Contact address, email and phone number (See details)
Golden Star Accounting Firm will meet customers' requirements in a professional, reputable and effective manner