Tax

Foreign Contractor Withholding Tax (FCT) Guides for Newly Established FIEs in Vietnam

Identify related parties following Decree 132, 2020 on transfer pricing

Corporate Income Tax (CIT) guides for FIEs in Vietnam

Establishment cost is considered deductible for tax purposes in Vietnam

Accounting

Introduction of Vietnamese Accounting Standards (VAS)
Overview of Vietnam Generally Accepted Accounting Principles (VN GAAP)

Auditing

Forty-seven Vietnamese Standards on Auditing (VSA)

Business Legal

Post-licensing Guides to FIEs in Vietnam

Conversion of loans into equity in FIEs in Vietnam

Common errors when contributing capital into FIEs in Vietnam

HR & Payroll

Social insurance and health insurance for foreign employees applying from 1 January 2022

Regional minimum wage applying from 1 July 2022 onwards

Establish corporates’ salary ranges in Vietnam

Salary calculation and payment for corporates in Vietnam in 2022

Industries

Compliance requirement and reporting deadlines for INGOs in Vietnam from 1 November 2022

New regulations on INGO’s operation in Vietnam applying 1 November 2022

Related Party Transactions in NGO

Rental property tax for individual owners (local and expat) in Vietnam

Russell Bedford KTC

Russell Bedford KTC was established in 2006 in Vietnam. After 15 years, we have built a reputation for working hard at helping our clients to manage their business and financial affairs successfully.

Our Vision
Our mission
Our Team
Russell Bedford KTC Services

Russell Bedford KTC performs a variety of assurance services, through its registered public accounting firm – KTC Audit Co. Ltd., to enhance and verify the reliability of information used by the stakeholders of the company.

Assurance & Audit
Russell Bedford KTC performs a variety of assurance services, through its registered public accounting firm – KTC Audit, to enhance and verify the reliability of information used by the stakeholders of the company. Assurance & Audit: Statutory audits IFRS and international GAAPs and specific jurisdiction GAAP audits Audits and reviews of reporting packages and for […]
Accounting Services
Based on your accounting and reporting needs, Russell Bedford KTC provides the following accountancy services to support you: Accounting system design and setup: Accounting policies and procedures design VAS advice and registration Staff training Accounting software advice Accounting outsourcing: Accounting, preparation, and compilation of financial reports Temporary accounting secondment Statutory tax reports including VAT, CIT, […]
Taxation services
Our taxation services provide practical and creative advice in compliance with Vietnamese tax law and regulations. Our services include: Corporate tax compliance Tax audits and reviews Monthly and annual finalization returns on Personal Income Tax, Corporate Income Tax, and Value Added Tax Assistance in claims tax and VAT refund Tax advisory Individual tax compliance Quarterly […]
image-default
Licensing & Payroll
Our Business Advisory services provide advice on licensing for business registration/ investment certificates for investors and payrolls services as below: Licensing services Advice on initial structure and regulation; Advice on establishing a company, branch, or representative office; Drafting agreements, and company charters for clients; Assistance with business registration/ investment certificate applications; Post licensing procedures Human […]
NGO Services
Russell Bedford KTC provides a range of audit and advisory services to assist NGO projects in achieving their project objectives and improving their project performance. Audit services: Project annual audit Project closing audit Project ad-hoc audit Forensic investigation Accounting and financial reporting: Accounting system design and setup Financial procurement procedure and control Accounting outsourcing Accounting […]
Advisory and Corporate Finance Services
Our Advisory services provide a range of quality-driven services answering investors’ and companies’ needs. Our services include: Transaction & Restructuring Services – Transaction Services: Due Diligence (Acquisition & Vendor) Transaction structuring Financial modeling Prospective reporting Post deal supports – Corporate Finance: Fundraising & refinancing advice Mergers & Acquisitions Private placement – Valuations– Restructuring Risk Consulting […]
Transfer Pricing
As the global economy expands into every corner of the world, many national fiscal authorities are seeking more effective ways to protect their tax bases. Vietnamese authorities recently have performed more tax audits on transfer pricing, especially for FDIs who have carried losses for certain years. Circular 117/2005/TT-BTC dated 19 December 2005, Circular 66/2010/TT-BTC dated […]