• Lầu 5, Tòa nhà ST Moritz, Số 1014 Phạm Văn Đồng, Phường Hiệp Bình, TP Hồ Chí Minh
  • cskh.ketoannavi@gmail.com
Workflow

Work methods for optimal efficiency

1. Receiving & consulting

Receive information and needs from businesses. Evaluate the actual situation and advise on appropriate solutions. Communicate clearly the scope of work and costs. 

2. Signing & preparing dossiers

Agree on the plan and sign the service contract. Instruct businesses to provide necessary documents. Establish a workflow and receive initial data. 

3. Implementing professional handling

Carry out bookkeeping, tax declaration and make periodic reports. Check and compare data. Monitor the progress of the work and handle arising issues. Ensure compliance with legal regulations.

4. Long-term reporting & accompaniment

Hand over reports on time and advise on accounting – tax issues when necessary. Accompany and support businesses throughout the operation process.

services-post-2-min
long (2)
FAQ

FAQ

 

NAVI's accountant has compiled the answers here to save you time. If you still haven't found what you're looking for, don't hesitate to contact the team of experts directly for a 1:1 consultation.

 

What does a start-up need to do?

Enterprises need to register for initial tax, open bank accounts, register digital signatures, issue electronic invoices. In addition, it is necessary to make periodic tax declarations according to regulations.

When do I have to file a VAT return?

Depending on the size, the business will declare monthly or quarterly. Normally, new enterprises will declare by quarter, the deadline for payment is the 30th day of the first month of the next quarter.

Do no invoices need to be submitted for tax reporting?

Yes. Even if there is no revenue or expense, the business must still submit a full tax return (called a “no-occurrence” declaration) to avoid penalties.

What is the penalty for late tax reporting?

The fine depends on the number of slow days, which can range from several million to tens of millions of VND. There is also a daily late payment on the amount of tax incurred.

Is the business required to use e-invoices?

Yes. Under current regulations, all businesses are required to use e-invoices when selling goods or providing services.

How are costs counted as reasonable costs?

Reasonable expenses must serve business activities, have all valid invoices and documents and pay in accordance with regulations (for large amounts to be transferred).

Should accounting services be outsourced?

Highly recommended for SMEs. Hiring services helps save costs, limit the risk of errors and ensure compliance with legal regulations.

How often should businesses check their accounting books?

Enterprises should review the books monthly or quarterly to detect errors in time and ensure that the data is always accurate.