VAT compliance services:
- Coordinating with the Company to collect necessary information;
- Preparing monthly/quarterly VAT declaration;
- Submitting monthly/quarterly VAT returns to local tax authorities;
- Contacting local tax authorities, handling issues related to VAT declaration; and
- Informing the Company of VAT refund eligibility, where appropriate.
Corporate income tax (CIT) compliance services:
- Coordinating with the Company to collect necessary information;
- Consulting on preferential tax policies that the Company enjoys;
- Preparing quarterly provisional CIT returns and submit them to the Company for consideration and approval;
- Submitting quarterly provisional CIT returns to local tax authorities;
- At the end of the year, prepare a personal income tax finalization declaration and submit it according to regulations;
- Explaining data to Tax Authorities when performing tax inspections at the Company.
Foreign contractor tax (FCT) compliance services:
- Consulting on contractor tax code registration;
- Carrying out tax calculation, tax declaration and payment of contractor tax when incurred;
- Finalizing of contractor tax when completing a contract with a foreign contractor;
- Sending a soft copy of the tax certificate/receipt to the contractor after completing the service.
Consulting services for preparing Transfer Pricing report:
- Consulting on preparing dossier of determining market prices between related transactions in accordance with Vietnamese law;
- Consulting on preparing appendix and related transaction declarations including:
- Form No. 01 – Information of associated relations and associated transactions;
- Form No. 02 – List of information, documentation required to provide in Local File;
- Form 03: List of information, documentation required to provide in Master File;
- Form 04: Declaration of information in the Country-by-Country report issued together with CIT finalization.
VAT refund services:
- Preparing VAT refund documents and submit them to the Tax Department on behalf of the Company;
- Arranging invoices and documents corresponding to VAT refund documents;
- Declaring invoices and documents eligible for refund;
- Checking related documents such as invoices, bank statements, contracts, import-export declarations;
- Reporting to the Board of Directors any errors and problems discovered during the inspection process and propose solutions;
- Liên hệ, theo dõi và đáp ứng các yêu cầu của cơ quan Thuế liên quan đến dịch vụ;
- Contacting, monitoring and responding to requests from Tax authorities related to services;
- Chịu trách nhiệm giải trình và làm việc trực tiếp với cơ quan Thuế khi nộp hồ sơ và trong quá trình kiểm tra.
- Taking accountability and working directly with the Tax authority when submitting documents and during the inspection process.
Personal income tax (PIT) compliance services:
- Consulting on procedures for granting Tax Codes and/or registering dependents;
- Declaring personal income tax monthly/quarterly:
- Calculating personal income tax monthly/quarterly, including total global income and tax calculation according to Vietnam Tax Law;
- Preparing monthly/quarterly temporary personal income tax declarations for employees;
- Submitting signed and stamped monthly/quarterly provisional PIT declaration to the tax authority;
- Advising the Company to pay provisional personal income tax monthly/quarterly to state agencies.
Finalizing of annual personal income tax:
- Preparing personal income tax finalization declaration at the end of the year or when foreigners finish working in Vietnam;
- Submitting personal income tax finalization declaration to the tax authority;
- Answering all Company questions related to personal income tax finalization;
- Explaining data to Tax Authorities when performing tax audits at the Company.
