Monthly/Quarterly VAT and CIT Filing

Service Scope:

• Determine monthly or quarterly tax filing cycle

• Handle VAT output tax, input tax, non-deductible input VAT, export refund, EPE transactions, import VAT and e-invoice matching

• Calculate provisional CIT based on quarterly profit, deductible expenses, tax adjustments and incentives

• Identify foreign contractor tax (FCT) for offshore services, software, technical services, management fees, interest and royalties

• Coordinate PIT, social insurance and payroll accounting where required

• Track tax incentives, loss carry-forward and preferential conditions

• Review tax risks such as invalid invoices, non-deductible expenses, related-party pricing, abnormal margins and document gaps

• Communicate with tax authority on queries, amendments, late payment interest and tax inspection preparation

Process:

1. Collect sales, purchase, expense, bank, payroll and import/export data monthly or quarterly.

2. Reconcile e-invoices, contracts, payment and delivery documents.

3. Calculate VAT, provisional CIT and other taxes.

4. Confirm non-deductible items, tax adjustments and unusual transactions.

5. Submit filings through Vietnam’s e-tax system.

6. Arrange tax payment or track deductible/refundable balances.

7. Provide filing receipts and monthly tax report.

8. Maintain records for annual CIT finalization and audit.