TAXATION
We are of high profile in tax consultancy which has been intensively developed since the early day of the firm. Our tax attorneys have concrete experiences of advising on many complex tax issues in connection to VAT, contractor tax, Corporate Income Tax for various business lines of manufacture, construction or commerce or capital gain for mergers & acquisitions. In addition to this, our tax practice advises clients in respect to tax planning, tax incentives, and preferential tax treatment.
We understand that it is not easy to establish a business from the very beginning stages, from the process of issuing licenses to the license post-granted steps, all contain certain difficulties. A tax report is a procedure that many businesses do not understand clearly. The tax report includes many stages, and after the business is established, it is necessary to carry out the procedure of the initial tax declaration. This stage helps to report to the tax authorities that the enterprise has officially come into operation. The procedures, as well as the order of the initial tax declaration, have many difficulties, from the stage of preparing taxation profile to work directly with the tax agency, all must comply with the process; however, we can understand that not all enterprises can process this successfully.
Even though understanding all processes, but not the way of working with the tax agency, the enterprise still cannot have the tax reporting done easily. When the initial tax reporting has done, during the period of operation, the enterprise still needs to process the monthly and quarterly tax reporting. For those enterprises having a total capital of 50 billion dongs up, the monthly reporting is needed, and for the enterprises having the total capital under 50 billion dong, they need to process the quarterly report. Like the flow, each month, and a quarter, enterprises need to do the report on their operation to the managerial taxation agency.
All these processes are not easy things for all startups to understand and process successfully. Understanding the requirement of clients, KCI Counsel will always accompany the clients from the beginning stages, and they will be consulted very carefully about the necessary legal process in tax reporting.