Bookkeeping services for representative offices of foreign traders

A representative office of a foreign trader in Vietnam is also considered an enterprise. Therefore, it must also perform all operations related to accounting like all other businesses. In particular, bookkeeping services are one of the important jobs to help foreign traders’ representative offices operate for a long time. Viet An Tax Agent will provide you with important information about bookkeeping services at the representative office.

What is bookkeeping service?

Bookkeeping service is a service provided by a professional Viet An Tax Agent, performing tasks related to the accounting work of the enterprise such as making accounting documents, recording detailed accounting books, making general accounting books, etc  manage and process financial information, make financial statements, make periodic tax declarations and declare annual tax finalization.

Bookkeeping services ensure that the financial data of the enterprise is recorded, stored and reported accurately, on time and in compliance with the provisions of the law on accounting

Regulations on bookkeeping

Jobs in bookkeeping services of representative offices of foreign traders

Bookkeeping services include the following tasks:

• Preparation of accounting documents: Invoices, receipts, payment slips, …
• Bookkeeping: This activity involves entering and classifying all business transactions into the appropriate accounting accounts, such as sales, purchases, payments, receipts, etc.
• Accounts Payable Tracking: This activity involves managing invoices and purchase documents that the business owes to sellers, suppliers, contractors, and other creditors.
• Track receivables: This activity involves managing inventory invoices and payments that businesses receive from customers and other shoppers.
• Payroll calculation: This involves calculating and allocating employee benefits and salaries, as well as deducting and paying taxes and benefits on behalf of
• Expense and cash management: This includes tracking and reporting business expenses, such as travel, entertainment, utilities, rent, etc. as well as tracking cash funds for small or occasional purchases
• Bank account management: Receive transaction information, arrange bank documents and record transactions with the bank such as: withdraw, deposit cash and pay cheques or receive money into bank accounts. Compare and verify bank account balances with balances in accounting books, and identify and resolve any discrepancies or omissions
• Preparation of financial statements: This job involves the preparation and presentation of financial statements of the enterprise, including balance sheet statements, reports of business results and cash flows to show the results of business operations and the financial situation of the enterprise
• Tax declaration: Make periodic tax declaration and make annual tax declaration.
• Tax consultancy: Consulting on tax regulations, consulting on tax procedures

Benefits of using bookkeeping services at Viet An Tax Agent

Why should you choose bookkeeping services for foreign traders’ representative offices at Viet An Tax Agent

Viet An Tax Agent has many years of experience in providing accounting services, tax declaration services, tax procedure services, tax consultancy, and business consulting for thousands of customers in many different fields and industries. Viet An Tax Agent is confident in supporting customers to strictly comply with Vietnamese laws on accounting, carrying out tax procedures, tax laws, corporate laws and other legal regulations

At Viet An Tax Agent, experts are knowledgeable about current accounting and tax regulations and accounting standards and are regularly updated with new regulations and changes.

Personnel performing accounting bookkeeping services at Viet An Tax Agent are highly qualified, have a lot of experience and practical knowledge in the field of taxation and accounting. The experts are professional lawyers and accountants with many years of experience in the field of taxation, accounting, and legal consultancy.

Up to now, there have been thousands of customers who are businesses in many different fields and industries who have been using the bookkeeping service of Viet An Tax Agency. Therefore, you will be completely assured of the quality of service provided by Viet An Tax Agent.

The process of accounting bookkeeping services for the representative office of a foreign trader at Viet An Tax Agent

Step 1: Receive the request

• Viet An Tax Agent will receive customer requests via phone, email and website
• After grasping the basic information, the staff of Viet An Tax Agent will actively contact to discuss in more detail

Step 2: Survey, exchange and quote

• After agreeing on the work content and service fee, Viet An Tax Agent will advise on the appropriate service package
• Quotation for bookkeeping services

Step 3: Draft and sign the contract

• After agreeing on the work content and service fee, Viet An Tax Agent will draft a service contract
• The legal representatives of the two parties will sign the contract

Step 4: Deploy and report results

• After signing the contract, the staff of Viet An Tax Agent will inform customers of the papers and information that need to be provided to Viet An Tax Agent
• The staff of Viet An Tax Agent will review the entire system of data, documents, papers, solve customer problems in accordance with the agreement in the service contract
• In the process of deploying the service, the two sides will have regular and continuous exchanges to grasp the direction and way to solve the work quickly and conveniently
• If a situation arises, the accountant will discuss and consult with the business to ensure compliance with legal requirements

Step 5: Record Archive

• Setting up and storing records on accounting software

Documents that customers need to provide when using the bookkeeping service for the representative office of the foreign trader

Initial Profile

• Copy of business registration certificate, investment registration certificate (if any)
• Digital Signatures
• Login information for tax declaration
• Information about business products
• Previous year’s financial statements (if any)
• Other information (marrow of each business)

Monthly Profile

• Sale and purchase contract
• Output and input invoices of enterprises
• Bank account statement
• Labor contracts, information about employees
• Other information (marrow of each business)

If you have any difficulties or questions related to bookkeeping services for the representative office of foreign traders, please contact Viet An Tax Agent for the most specific advice.