Setting up a business is quite easy, but maintaining and developing of business activities are much more challenged in Viet Nam. It is because there are specific requirements and administrative burdens such as general ledgers, requirements for taxation reporting, the issuance of official VAT receipts.
Knowledge of such requirements is onerous and as such, DB Legal’s Corporate Services offer the corporate services that able to assist our clients to address their concerns and focus mainly to their objectives.
Our Corporate services include:
General Ledger Accounting
The general ledger is a collection of any finance and accounting system. It is the recording of the company's accounting entries. In Viet Nam, the establishment and maintenance of the Chart of Accounts (COA) is very complicated and time-consuming.
With special skills and reality experiences, DB Legal will be the hand of the companies and allow them to focus on their business. Our general ledger services include:
- General Ledger Accounting;
- Monthly bank account reconciliation;
- Month-end accruals;
- Month-end VAS Compliant profit;
- Balance sheets;
- Annual VAS compliant financial statements;
- Voucher preparation;
Besides, DB Legal also provides professional Chief Accountant services that review, approve and sign accounting vouchers and documents in a company.
DB Legal offers a full range of tax services in Central Viet Nam (especially tax services in Da Nang, tax services in Hoi An, tax services in Hue). DB Legal's tax services are flexible depending on the needs and actual conditions of your company. They have expertise about taxes and will handle the taxes that your company is entitled to. We have a thorough understanding of the economy in which they work and a wide knowledge of policies and procedures covering investment, legal, tax, accounting and consulting matters throughout Vietnam. Thus, engaging with our services will help you save money and give you ample time to focus on the growth of your company.
Our tax services include:
- The quarterly tax declaration;
- The monthly tax declaration;
- Monthly VAT declaration;
- Quarterly VAT declaration;
- Corporate Income Tax lodgements and records;
- Business licensing tax declaration;
- Yearly financial report;
- Annual personal income tax declaration.
Human Resource and Payroll Services
It is clear that payrolls are a far more time consuming but needs dedication and focus. DB Legal provides the payroll and other services relating to employees in order that our clients can focus to their core business.
Our human and payroll services include:
- Payroll calculation;
- Monthly social insurance lodgements and reports;
- Preparation of monthly payroll bank transfer documentation;
- Quarterly social insurance lodgements and reports;
- Preparation of Labour contracts and renewals.
DB Legal offer Internal Compliance services that can either be regular or ad-hoc, and the focus can be tailored to meet the specific needs of the company and management.
Monthly review and report
Our team takes one - two days per month to visit your offices and review of all your compliance obligations and accounting reports. This includes general ledger records, CIT, PIT, social insurance, VAT invoices, Chief Accountant responsibilities.
We highlights the risks and recommends to correct.
Ad-hoc review and report
DB Legal has irregular review of all compliance obligations and accounting reports. It is useful when there are changes in personnel or predicts the mistakes and risks.
Internal management report
The internal management report can be better to reflect the nature of business' operation. It is necessary to hire the third party with international standards or approaches may provide more insightful information to management.