Financial report
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Audited Financial Statement

Companies in Vietnam are required to submit annual audited financial statements to ensure continued compliance with local regulations.

How to submit an annual report for your company

Requirements of the audited financial statement in Vietnam :

  • Mandatory for foreign-owned companies operating in Vietnam
  • Must include all financial data, transaction history, balance statement, income statements, and reports on cash flows within the company
  • An independent Vietnamese auditing company must inspect the report
  • Must be submitted by the end of the first quarter, 90 days after fiscal year-end

The audited financial statement ensures that a company operating in Vietnam is transparent in its financial reporting and prevents potential fraud and tax evasion. By having records independently reviewed, it also gives companies an additional opportunity to correct potential reporting oversights and prevent penalties.

Key considerations

These yearly reports must be submitted to the following Vietnamese regulatory agencies:

  • General Statistics Office
  • Business Registration Office
  • Municipal Department of Finance
  • Local Tax Office

Emerhub can help you find a reputable auditor for your reports as well as assist you in preparing the necessary financial documentation. We can also handle document submission for you.