Benefits of Outsourcing Your Accounting & Tax Needs
Outsourcing Your Bookkeeping & Accounting Needs In Vietnam
Our accounting services assist companies in complying with financial reporting requirements in Vietnam. Cekindo provides comprehensive accounting services so that business leaders like you can focus on your bottom line and develop your business while in Vietnam.
Our accounting service covers Ho Chi Minh City, however we work remotely with customers in the whole country.
With so many transactions taking place daily and multiple accounts to manage, it can be a time and energy-consuming process. In addition, it’s hard to find an accounting team that is up to date with the latest regulations from the government, and capable of completing tax finalizations perfectly without late submissions, which risk penalties. With our experience and our customer portfolio, your tax submissions will be done promptly and compliantly.
Accounting & Tax Services in Vietnam with Cekindo
Financial “Red Invoice” RegistrationNot sure about how to register your financial invoices with the relevant tax department? will need what is called a “Red Invoice”. This is simply the type of Vietnamese invoice that businesses operating in Vietnam will need in order to undertake commercial activities in Vietnam, including selling goods and services, importing foreign goods, and exporting products to non-tariff zones.
Thanks to an ongoing digitalization effort by the government red invoices can now be processed digitally with the new compulsory E-invoice system which is now mandatory. We use the latest in accounting software in order to make sure that you are always updated on your annual tax finalizations and actions needed.
Bookkeeping ServicesBookkeeping is the process of keeping track of all of a company’s financial transactions. This would comprise client receipts, supplier payments, and staff payroll disbursement, among other things. If you employ our bookkeeping services in Vietnam you do not have to worry about accounting transactions made during your business activities.
Financial Statements ReportingFinancial statements are official records of a company’s, person’s, or other entity’s financial actions and conditions. Tailored to your needs, our accountants may review your financial statements, such as income statements, cash flow, or balance sheets, on a monthly or quarterly basis according to Vietnamese tax compliance regulations.
Finally, we will submit the statements on your behalf to the local tax authorities for reporting at the end of the year. Relevant financial data is given in an organized and easy-to-understand style, all included in our tax accounting services.
Ledger Accounts MaintenanceLedger “Maintenance” refers to keeping records current with your latest financial activities. A firm’s financial records must be updated when costs and income are incurred so that its executives know how much money the company has, how much it spends, and how much it makes. We can maintain your ledgers for your company’s operations in Vietnam. And depending on your preference, we can help you maintain your ledger accounts by using software provided by your company, or we can create those using internal processes.
Accounting Software ImplementationIf your company has accounting software already, we would be happy to use the software for your business’ accounting needs. If you do not have one, we offer the use of accounting software created by MISA, a leading accounting software company in Vietnam.
Thanks to Vietnam’s booming new digital economy, bookkeeping and all other tax-related requirements are becoming easier, allowing for more clear, efficient, and transparent communication between accounting firms like Cekindo and its clients.