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NOTICE ON FINANCIAL STATEMENT AUDIT FOR FDI COMPANIES

NOTICE ON FINANCIAL STATEMENT AUDIT FOR FDI COMPANIES

VIVA BUSINESS CONSULTING là công ty tư vấn doanh nghiệp được tín nhiệm bởi hằng ngàn khách hàng danh tiếng từ năm 2006. VIVA cung cấp nền tảng quản lý toàn diện và nguồn lực thực thi theo cách kết hợp đồng thời của: Luật pháp và thủ tục hành chính trong kinh doanh – Quản lý thuế và kế toán – Quản trị quan hệ lao động – Quản trị tài chính doanh nghiệp – Quản trị và kiểm soát nội bộ. Năng lực của chúng tôi giúp khách hàng lường trước các rủi ro, tối ưu chi phí, kiến tạo lợi thế kinh doanh.

VIVA is a business consulting company, specializes in business compliance procedures according to local business laws and regulations since 2006. VIVA has been continuously trusted by thousands of well-known clients since 2006. We are creating added value for clients by offering one-stop business platform with exclusive and tailored-made services related to market entry and mandatory business compliances. We keep our client’s good standing in lawful and optimal manners whenever they are working and doing business in Vietnam.

Notice on financial statement audit for FDI companies
Foreign direct investment (FDI) enterprise means an organization whose members or shareholders are foreign investors, established and operating in accordance with Vietnam’s laws that carry out business investment activities. Foreign investor means an individual holding a foreign nationality or an organization established under foreign laws and carrying out business investment activities in Vietnam.

How to effectively save cost of annual financial statement audit report. Notice on financial statement audit that FDI companies need to be aware.

NOTICE ON FINANCIAL STATEMENT AUDIT

According to the Dispatch No. 17/2012/NĐ-CP dated 13/3/2012 of the Ministry of Finance, the companies below must have their annual financial statements audited:

  • Foreign-invested companies;
  • The credit institutions established and operated within the Law on credit institutions, including branches of foreign banks;
  • Financial institutions, insurers, reinsurers, insurance brokers, branches of foreign non-life insurers;
  • Public companies, the organizations that issue and trade in securities;
  • Other companies and organizations that must be audited according to relevant laws; the companies and organizations that must be audited by foreign auditors or their branches in Vietnam.

HOW TO EFFECTIVELY SAVE AUDIT COST OF ANNUAL FINANCIAL STATEMENT REPORT

  • Identify audit objectives, workload and choosing suitable auditor in advance.
  • Get audit schedule and contract signed within the last quarter of the fiscal year to avoid busy season
  • Effectively file and manage documents and business records in a clear and accurate manner (Business Record Management)
  • Having professional accounting system as well as skilled staff to provide information and explanations when needed.

It is highly recommended to find a prestigious audit party and sign audit contract to efficiently control the workload and avoid the busy season ( January to March) as well as to ensure service quality and get the best service price.

ABOUT VIVA BUSINESS CONSULTING

VIVA is the local expertise for local business compliance procedures, has been trusted by thousands of foreign investors, multinational companies from Europe, Japan, Singapore, India, Korea, USA… for the required business compliance procedures by local laws and regulations since 2006.

Thanks for consistent of practice expertise in Business laws - Employment relations – Tax and accounting – Corporate finance – Corporate services, VIVA has been successfully providing service for thousands of leading companies in such industries: Garment, energy, pharma, advertising, agricultural…

VIVA keeps its signature by offering one-stop business platform with regard to market entry and the mandatory business compliances. We ensure for our client’s good standing, in lawful and optimal manners whenever they are working and doing business in Vietnam.

Thanks to a unique combination of local expertise and global experiences, VIVA BUSINESS CONSULTING is the one-stop solution for the required compliance procedures in Vietnam for foreign investors and experts. We are still here since 2006s because of our thousands of satisfied clients and our employees. Our staying power is a testament to the professional resources, and so much more.

 

VIVA not only manage business required procedures by laws but firstly places client’s compliance and good standing, in the optimal methods when offering any solution, and integrated with our intensive resources that allow us to prevent most of the risks in advance, create more benefits, advantages and business inspiration for entrepreneurs.

The insights and consistent backgrounds in Business Laws – Accounting and Corporate Finance – Tax Management – Labor Relations and Payroll – Serectarial and consistent with our exclusive standard operation processes, consisting of consultation – implementation – pratice operation help us fully protect client interests as one-stop solution.

YOU WILL RECEIVE

“If you ask any successful businessperson, they will always have had a great mentor at some point along the road.”

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