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ToggleVietnam’s rapidly evolving business environment presents both opportunities and complexities for local and foreign enterprises.
Navigating tax obligations, statutory compliance, payroll administration, and financial reporting requirements demands reliable, qualified support. This directory has been created to assist companies in identifying trusted accounting partners across Vietnam.
💼 Directory of Accountants in Vietnam
Grant Thornton Vietnam
Based in Hanoi, Grant Thornton Vietnam provides audit, tax, and advisory services to dynamic organisations, ranging from private companies to multinational corporations.
Part of the global Grant Thornton network, they are known for a strong focus on growth and mid-market clients.
Website: grantthornton.com.vn
Phone: +84 24 3850 1686
RSM Vietnam
Operating from Hanoi, RSM Vietnam is a leading audit and consulting firm with additional offices in Ho Chi Minh City (HCMC).
They offer a full range of services including audit, tax, and business advisory, and are part of RSM International, a top global network.
Website: rsm.global/vietnam
Phone: +84 28 3827 5026
Deloitte Vietnam
Located in HCMC, Deloitte Vietnam is part of the global Deloitte network, one of the “Big Four” accounting firms.
They provide comprehensive audit, tax, consulting, and financial advisory services to major domestic and international clients.
Website: deloitte.com/southeast-asia/en/about/vietnam.html
Phone: +84 28 7101 4555
Mazars Vietnam
Based in HCMC, Mazars Vietnam is an international audit, accounting, and consulting group.
They serve a diverse client base, including large international businesses and fast-growing local companies, with a focus on technical expertise and personalised service.
Website: forvismazars.com/vn
Phone: +84 28 3910 0750
DFK Vietnam
Located in HCMC, DFK Vietnam is a member of DFK International, providing audit, tax, and consulting services.
Known for working closely with small to medium enterprises and family-owned businesses, they offer practical solutions and local market insight.
Website:dfkvietnam.com
Phone: +84 28 3821 2901
Do you really need a local accountant in Vietnam?
Yes—while it’s technically possible for a foreign-owned business to manage some financial processes independently, a licensed local accountant is essential for most companies operating in Vietnam. This is due to three key reasons:
Local compliance requirements
Vietnamese tax law requires regular filings in line with Vietnam Accounting Standards (VAS) as opposed to International Financial Reporting Standards (IFRS). Notably these systems can be quite different (this is explained in the next section).
Language and bureaucracy
Most communication with tax authorities and government departments is conducted in Vietnamese. A local accountant bridges the language and procedural gap, helping you avoid costly errors or miscommunications.
Legal representation
Only licensed accounting firms can represent your company in dealings with the tax office or the General Department of Taxation. This is particularly important in the event of audits, inspections, or disputes.
Even for small rep offices or sourcing firms, a qualified accountant ensures compliance, reduces risk, and allows you to focus on your core operations.
Vietnamese accounting regulations
Vietnamese accounting regulations are in many ways unique to Vietnam. Here’s how.
Local accounting standards: VAS
Vietnamese Accounting Standards (VAS) are the official framework for financial reporting in Vietnam. Regulated by the Ministry of Finance, VAS is mandatory for all local enterprises and is based on historical cost and statutory principles. It differs from IFRS in areas like revenue recognition, lease treatment, and financial instruments.
IFRS convergence
Vietnam is gradually aligning with International Financial Reporting Standards (IFRS), especially for listed companies and foreign-invested enterprises. While VAS remains the dominant standard, some firms already offer dual reporting to meet investor or parent company requirements.
Key tax and reporting deadlines
Businesses must comply with a range of reporting obligations, including:
- Monthly or quarterly VAT filings
- Quarterly personal income tax (PIT) declarations
- Annual corporate income tax (CIT) returns
- Annual financial audits (mandatory for many companies), submitted within 90 days of year-end
Failure to meet these deadlines can result in fines or regulatory scrutiny.
How to choose an accounting firm in Vietnam
Selecting the right accounting partner is crucial for ensuring compliance, efficiency, and strategic support. Here are key factors to consider:
Licensing and MOF registration
Ensure the firm is officially licensed and registered with Vietnam’s Ministry of Finance. This confirms they are authorised to provide accounting and tax services under local law.
VAS vs IFRS capability
Depending on your reporting needs, choose a firm that can work with both Vietnamese Accounting Standards (VAS) and International Financial Reporting Standards (IFRS), especially if you have overseas stakeholders.
Industry specialisation
Look for firms with experience in your specific sector, whether manufacturing, services, tech, or import-export. Industry knowledge ensures relevant advice and fewer regulatory missteps.
Language and communication
Effective communication is critical. Firms with bilingual staff (Vietnamese-English) can bridge cultural and regulatory gaps, particularly for foreign clients.
Experience with FDI or foreign rep offices
Firms familiar with foreign direct investment (FDI), joint ventures, and representative office compliance can offer more tailored advice and help you avoid common pitfalls when entering the Vietnamese market.
Common mistakes when choosing an accountant in Vietnam
Choosing the right accountant in Vietnam can be a challenge. Here are a few of the common pitfalls.
Hiring an unlicensed provider
Some businesses rely on freelance accountants or informal service providers without checking their licensing status. Only firms registered with the Ministry of Finance can legally provide accounting and tax services in Vietnam.
Prioritising price over experience
Low-cost providers may not have the depth of knowledge needed to navigate complex tax rules or advise on VAS vs IFRS differences. Mistakes can lead to penalties or delayed filings.
Ignoring language barriers
Clear bilingual communication is essential. Misunderstandings over tax obligations, invoice rules, or payroll calculations can be costly and time-consuming to fix.
Choosing firms unfamiliar with FDI rules
Foreign-owned businesses face unique requirements—such as foreign contractor tax, rep office reporting, and cross-border payments. Not all local firms are equipped to handle these.
Failing to confirm scope of service
Some accountants only prepare reports and leave filing, tax payment, or government follow-up to you. Clarify early whether services include submissions, representation, and support during audits.
CPAs in Vietnam
In Vietnam, the title of Certified Public Accountant (CPA) is regulated by the Ministry of Finance. Individuals must pass a national examination and meet experience requirements to be licensed as CPAs. This certification allows them to sign off on audits and lead statutory financial reporting work.
While not every accountant in Vietnam is a CPA, many firms—especially those offering audit or assurance services—will employ at least one licensed CPA on staff. CPA status is most relevant when:
- Your company is subject to annual audit requirements
- You require certified financial statements
- You’re selecting a statutory audit provider
It’s important to note that Vietnamese CPA qualifications are distinct from international CPA designations (like CPA Australia or AICPA in the US). Some firms also have staff who hold both local and international accounting certifications, which can be an advantage for foreign clients.
Frequently asked questions (FAQs)
What are the top accounting firms in Vietnam for foreign companies?
Top firms supporting foreign investors in Vietnam include Talentnet, KPMG, PwC, RSM, and Grant Thornton. These firms offer bilingual support, deep knowledge of Vietnamese regulations, and experience with cross-border transactions and international tax structures.
Is IFRS used in Vietnam?
While Vietnam primarily uses Vietnamese Accounting Standards (VAS), the government is gradually aligning with International Financial Reporting Standards (IFRS). Some firms already offer IFRS-compliant reporting for foreign-invested enterprises or multinational clients.
How do I choose an accounting firm in Vietnam?
When selecting a firm, consider licensing status, familiarity with your industry, experience with VAS and IFRS, language capabilities, and whether they provide end-to-end services such as tax, payroll, and audit support. Firms with a track record serving FDI clients are often the safest choice.
What is the difference between VAS and IFRS?
VAS is based on historical cost and local regulations, while IFRS is principles-based and globally harmonised. Key differences include treatment of revenue, leasing, and financial instruments. IFRS reporting is often required by parent companies or investors abroad.
Do foreign companies in Vietnam need local tax agents?
Yes, most foreign companies are required to engage a local tax agent or accounting firm to handle corporate income tax (CIT), value-added tax (VAT), and personal income tax (PIT) filings. This ensures compliance with Vietnam’s tax laws and reporting deadlines.
Further Reading
- Capital Gains Tax in Vietnam 2025: Rates & Rules
- Corporate Income Tax in Vietnam 2025: Rates, Investment Incentives & More
- Foreign Contractor Tax in Vietnam 2025: Calculation & Applicability
- Personal Income Tax in Vietnam 2025: Rates & Obligations
- Tax in Vietnam 2025 Explained: CIT, VAT, PIT & More
- Value Added Tax in Vietnam 2025: Rates, Exemptions & Who Pays
- Vietnam Special Consumption Tax (SCT) 2025: Rates, Who Pays, & More
- Vietnam’s Natural Resources Tax 2025: Rates, Who Pays & Enforcement