Accounting and Auditing: Internal Audit丨Vietnam Tax Guide 2024 (41)
Decree No. 05/2019/ND-CP provides the legal framework for the establishment and implementation of the internal audit function.
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税务指南
2024-08-12 08:41:14 Page view:587
Accounting and Auditing: Audit Requirements丨Vietnam Tax Guide 2024 (40)
The Ministry of Finance has issued 47 Vietnam Standards on Auditing (VSA) based on the International Standards on Auditing (ISA), which are equivalent to the ISAs at the date of issuance.
Vietnam Investment
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2024-08-09 09:09:48 Page view:865
Accounting and Auditing: Expected revisions to the Accounting Law and corporate accounting system | Vietnam Tax Guide 2024 (39)
The Ministry of Finance is currently collecting opinions on revising the Vietnam Accounting Law to adapt to the digital transformation process, especially to formulate additional regulations suitable for the electronic environment.
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2024-08-09 09:06:46 Page view:911
Accounting and Auditing: Moving to International Financial Reporting Standards (“IFRS”) | Vietnam Tax Guide 2024 (38)
One of the areas of focus of the Ministry of Finance is promoting the adoption of IFRS in Vietnam. On March 16, 2020, the Ministry of Finance issued Decision No. 345/QD-BTC approving the plan to apply IFRS in Vietnam.
Vietnam Investment
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2024-08-08 09:10:59 Page view:846
Accounting and Auditing Financial Reporting丨Vietnam Tax Guide 2024 (37)
Basic financial statements prepared under VAS include the following:
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2024-08-08 09:09:26 Page view:792
Accounting and Auditing General Accounting Regulations丨Vietnam Tax Guide 2024 (36)
● Framework: Vietnamese accounting system, Vietnamese accounting standards and applicable regulations.
Tax Guide
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2024-08-07 09:16:28 Page view:876
Accounting and Auditing: Vietnam Accounting Standards | Vietnam Tax Guide 2024 (35)
From 2001 to 2005, the Ministry of Finance promulgated 26 Vietnamese accounting standards based on the old version of international accounting standards, with certain adjustments made to suit Vietnam's national conditions.
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2024-08-07 09:12:39 Page view:857
Other taxes, tax audits, appeals and litigation | Vietnam Tax Guide 2024 (34)
Tax audits are conducted periodically and usually cover multiple tax years. Before an audit, the tax authorities will send a written notice to the taxpayer stating the timing and scope of the audit.
Tax Guide
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2024-08-02 09:12:20 Page view:901
Social, health and unemployment insurance contributions | Vietnam Tax Guide 2024 (33)
Unemployment Insurance (“UI”) contributions are only applicable to Vietnamese individuals.
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2024-08-02 09:09:52 Page view:792
Individual income tax declaration and withholding obligations for payments to individuals and businesses | Vietnam Tax Guide 2024 (32)
For employment income, tax must be reported and paid monthly or quarterly by the 20th of the following month or the last day of the month following the reporting quarter, respectively.
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2024-08-01 09:11:52 Page view:757
Personal income tax rates and tax codes | Vietnam Tax Guide 2024 (31)
Personal income tax rate
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Non-taxable income and tax deductions for personal income tax | Vietnam Tax Guide 2024 (30)
Non-taxable income includes:
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