Tax Compliance Review Service at TGS Vietnam

What is Tax Compliance Review Service?

Tax compliance review service is a professional service provided by tax experts, tax advisory firms, or audit companies, aimed at evaluating and verifying the legality and accuracy of a business or organization’s compliance with tax regulations. The objective of this service is to ensure that the business’s operations and tax declarations are completely legal and comprehensive, while minimizing risks and avoiding potential legal issues.

The Role of Tax Compliance Review Service

This service plays an essential role in helping businesses and organizations ensure that their tax processes are correctly implemented, mitigating legal risks and minimizing the intervention of tax authorities. Additionally, it enhances transparency and accuracy in tax reporting, improving financial management and bolstering the business's reputation.

Scope of Tax Compliance Review Service

Corporate Income Tax ("CIT") Compliance Review

• Collect information and documents related to corporate income tax finalization reports.

• Discuss with the tax department to understand accounting policies and how revenue and expenses are recorded.

• Review financial statements and CIT finalization reports.

• Evaluate the methods of revenue and expense recognition to ensure compliance with CIT regulations.

• Identify areas of non-compliance and propose corrective measures.

• Review CIT incentives and applicable tax rates.

Value Added Tax ("VAT") Compliance Review

• Discuss with the tax department to verify information related to tax rates, tax refunds, and tax exemptions.

• Review monthly and quarterly VAT returns and related documents.

• Assess the validity of invoices and non-deductible expenses.

• Identify potential risk issues and provide advisory solutions for the business.

• Issue a report on the business’s VAT compliance status.

Personal Income Tax ("PIT") Compliance Review

• Discuss employee benefits policies and taxable income.

• Review PIT calculation methods from payroll and related records.

• Evaluate the declaration of dependents and identify potential legal liabilities.

• Issue a report summarizing findings and recommending solutions.

Foreign Contractor Tax ("FCT") Compliance Review

• Discuss foreign contractor tax policies and the client’s tax compliance status.

• Review tax registration forms and FCT tax returns.

• Check payment documents related to contracts with foreign contractors.

• Issue a report evaluating the FCT compliance status.

Tax compliance review services not only help businesses comply with tax regulations but also optimize the tax management process, reduce unnecessary tax payments, and enhance the company’s credibility with tax authorities and the public.

Benefits of Choosing Tax Compliance Review Service at TGS Vietnam

• Ensure Legal Compliance: We help businesses fully comply with tax regulations, avoiding risks of penalties for legal violations.

• Minimize Tax Risks: Identify tax risks and provide solutions to help businesses minimize costs and avoid mistakes in declarations.

• Optimize Tax Strategies: Offer optimal tax strategies and solutions that allow businesses to legally save on tax costs.

Contact Us for Tax Compliance Review Consulting!

📞 Hotline: 0919 191 448
📩 Email: info@tgsvietnam.com.vn
🌐 Website: tgsvietnam.com.vn

TGS Vietnam is committed to providing professional tax compliance review services, helping businesses protect their interests and comply with tax regulations efficiently and safely.