At MSA, we know that high‑quality assurance lets boards, investors, and regulators act with confidence. Our audit and assurance professionals support foreign‑invested and domestic enterprises throughout Vietnam, helping them meet statutory requirements, strengthen internal controls, and align local reports with global expectations. The team is fluent in Vietnamese Accounting Standards (VAS), IFRS, US GAAP, and the reporting rules of group component audits. While we always comply with Vietnamese law, we frame our advice within the wider international context our clients operate in.
Our Assurance Services
Working with our licensed MS Advisory audit partner, we assist companies across Vietnam— and, when required, in neighboring jurisdictions—through the following core offerings:
- Year‑end statutory audits under the Law on Independent Audit
- Guidance on annual Corporate Income Tax (CIT) finalisation
- Preparation and filing of the Annual Business Registration fee and other regulatory returns
- Internal audit, compliance reviews, and acquisition due diligence—see our Review & Due Diligence Services for more details
International Audit
Drawing on deep experience with multinational groups and global affiliations, we meet audit needs for operations in Vietnam and overseas. In cooperation with a qualified local CPA firm and our team of certified accountants and tax advisers, we:
- Translate VAS‑based statements to IFRS or other group standards
- Act as component auditors within worldwide group engagements
- Conduct internal reviews in line with international compliance frameworks
Statutory Audit in Vietnam
Under Vietnamese regulations, entities such as foreign‑invested enterprises, public interest companies, JSCs, and large‑scale LLCs must undergo an annual statutory audit by a licensed Vietnamese CPA firm. The objective is to confirm that the financial statements give a true and fair view of financial position, performance, and cash flows in accordance with VAS—or, where approved, VAS with IFRS reconciliation.
Most Vietnamese companies close their books on 31 December, so statutory audits typically begin early the following year. Deadlines include:
- Audited financial statements: 90 days after fiscal year‑end
- Submission to tax authorities, Department of Planning & Investment, and, for FIEs, the statistical office
Partnering with licensed CPA firms, we coordinate every stage to ensure audits finish on schedule and adapt the final results to group reporting packs.
Corporate Credit Report
Although not always mandatory, banks, suppliers, or parent companies may request certified financial information. As a full‑service adviser, MS Advisory secures the necessary credit reports or confirmations so organisations remain aligned with both Vietnamese and global best practices.
Annual Corporate Income Tax Finalisation in Vietnam
CIT is calculated on an annual basis, typically matching the calendar year. Differences between group accounting policies and Vietnamese tax law can create gaps between book profit and taxable profit. Companies must file the CIT Finalisation Return, reconcile those differences, and settle any outstanding tax (or claim a refund) within 90 days of year‑end.
We guide clients through this process, explaining local tax adjustments—such as non‑deductible expenses and transfer‑pricing rules—and prepare all computations and filings.
Annual Compliance Returns in Vietnam
Aside from tax filings, Vietnamese entities must lodge an annual report to the business registry that updates information on ownership, management, and charter capital. Timing depends on the province but generally falls within the first quarter of each year. Our team manages the full preparation and timely submission, easing the administrative burden on in‑house staff.
Why MSA?
For more than a decade, MSA has delivered assurance solutions to hundreds of enterprises in Vietnam. By combining local regulatory insight with international reporting know‑how, we safeguard compliance and add strategic value to your business. Contact us to discuss how our Vietnam Assurance services can support your growth.
