FINANCIAL REPORTING SERVICES
Financial statements of an accounting unit must be submitted to a competent state agency within 90 days from the end of the annual accounting period as prescribed by law. The deadline for submitting financial statements is also the deadline for paying corporate income tax.
|FINANCIAL REPORTING SERVICES|
|Job content||Number of output input invoices||Trade||Production||Building restaurants, eating.|
Prepare annual financial statements
Making finalization of corporate tax at the end of the year
Notify customers of the amount of tax payable when arising
Submission of declarations (Financial statements – Finalization of CIT)
|No incurred||65.66 USD||65.66 USD||109.43 USD|
|01->10 invoices||52.53 USD||87.54 USD||131.32 USD|
|11->20 iinvoices||87.54 USD||131.32 USD||175.09 USD|
|21->30 invoices||109.43 USD||153.20 USD||196.98 USD|
|31->50 invoices||153.20 USD||196.98 USD||240.75 USD|
|50 or more bills||Agreement||Agreement||Agreement|
2. Penalties for late submission of financial statements 2022
Pursuant to Article 12 of the Government's Decree No. 41/2018/ND-CP dated March 12, 2018 on sanctioning administrative violations in the field of accounting and independent audit on sanctioning violations of regulations on payment and disclosure of financial statements:
1.A fine of from VND 5,000,000 to VND 10,000,000 shall be imposed for one of the following acts:
a) Submit financial statements to competent state agencies less than 03 months behind the prescribed time limit;
b) Publicizing financial statements less than 03 months behind the prescribed time limit.
2.A fine of from VND 10,000,000 to VND 20,000,000 shall be imposed for one of the following acts:
a) Publicizing financial statements that are incomplete in contents as prescribed;
b) Submit financial statements to competent state agencies that do not attach audit reports in cases where the law stipulates that financial statements must be audited;
c) To submit financial statements to competent state agencies 03 months or later than the prescribed time limit;
d) Publicizing financial statements not accompanied by audit reports in cases where law requires auditing financial statements;
e) Publicizing financial statements 03 months or more later than the prescribed time limit.
A fine of from VND 20,000,000 to VND 30,000,000 shall be imposed for one of the following acts:
a) Information and data publishing false financial statements;
b) Providing and publishing financial statements for use in Vietnam with inconsistent data in an accounting period.
A fine ranging from VND 40,000,000 to VND 50,000,000 shall be imposed for one of the following acts:
a) Failing to submit financial statements to competent state agencies;
b) Failure to disclose financial statements as prescribed.
5. Remedial measures:
Enforced submission and disclosure of audit reports attached to financial statements for violations specified at Points b and d Clause 2 of this Article.”
It can be seen that according to current regulations, if an enterprise fails to submit its financial statements to the statistical office in the area where it operates within the prescribed time limit, it will be fined, specifically The fine for late submission of the report financial 2022? A fine ranging from VND 5,000,000 to VND 10,000,000 shall be imposed for submitting financial statements to a competent state agency less than 3 months later than the prescribed time limit or disclosing financial statements less than 3 months later than the prescribed time limit. specified period. In addition, a fine of from VND 20,000,000 to VND 30,000,000 may be imposed when submitting financial statements to a competent state agency 3 months or more behind the prescribed time limit.