Full-service application for accounting and auditing licenses in Long Phan

Article overview

Accounting and auditing licenses is an important step to legalize corporate financial activities, ensuring full compliance with legal regulations and accounting standards in Vietnam. With a comprehensive service from Long Phan, businesses will save time and effort in the process of preparing and submitting documents, and receive in-depth advice on the process and necessary documents. Please refer to the article below!

Procedure for reissuing accounting and auditing licenses
Procedure for reissuing accounting and auditing licenses

Conditions for registering to practice accounting and auditing services

Pursuant to Clause 1, Article 58 and Article 60 of the Law on Accounting 2015, to register to practice accounting and auditing services, individuals and organizations must meet the following basic conditions:

  1. For individuals:
  • Have civil act capacity;
  • Have practical work experience in finance, accounting, and auditing for 36 months or more from the time of graduating from university;
  • Fully participate in the knowledge update program as prescribed.
  1. For businesses providing accounting services:
  • Have a Business Registration Certificate, Investment Registration Certificate or other documents of equivalent value according to the provisions of law;
  • There are at least two members who are practicing accountants;
  • The legal representative, director or general director of the company must be a practicing accountant.
  • Ensuring the capital contribution ratio of practicing accountants in the enterprise and the capital contribution ratio of organizational members according to Government regulations.

Procedures for applying for accounting and auditing licenses

Prepared documents

Pursuant to Article 3 of Circular 296/2016/TT-BTC (amended and supplemented by Clause 1, Article 2 of Circular 23/2024/TT-BTC), application dossiers for accounting and auditing licenses include:

  • Application for issuance of Certificate of registration to practice accounting services according to the form at Appendix No. 01/DKHN;
  • Copy of labor contract (except in cases where the person registering to practice accounting services is not required to have a labor contract according to labor law);
  • Copy of accountant certificate or auditor certificate. When accountant certificates or auditor certificates have been integrated into specialized databases and other information systems, the Ministry of Finance is responsible for exploiting and using information about accountant certificates or auditor certificates in specialized databases and other information systems on the basis of exchanging and providing information between state management agencies according to the provisions of law;
  • Certificate of actual time spent working in finance, accounting, and auditing according to the form specified in Appendix No. 04/DKHN;
  • 02 3x4cm photos taken on a white background within no more than 06 months from the date of submitting the application for registration to practice accounting services;
  • Copy of the Decision to resign or the Decision to terminate the labor contract at the workplace before registering to practice accounting services (if any);
  • Copy of Work Permit in Vietnam of the person registering to practice accounting services as a foreigner (except in cases where a work permit is not required);
  • Documents proving hours of updating knowledge at international professional organizations in accounting and auditing in cases where hours of updating knowledge are counted;
  • Documents proving the payment of the appraisal fee to issue the Certificate of registration to practice accounting services (except for cases already paid when the application is submitted via the online public service system).

Implementation process

Pursuant to Article 6 of Circular 296/2016/TT-BTC (amended and supplemented by Article 2 of Circular 23/2024/TT-BTC), the process of implementing procedures for granting accounting and auditing licenses includes the following steps:

  • Step 1: The person applying for an accounting or auditing license prepares documents and submits them to the Ministry of Finance through the accounting service business or accounting service business household;
  • Step 2: The agency receives the dossier and reviews the dossier, checks relevant information and requests additional information if necessary;
  • Step 3: If the application is valid, within 15 days the Ministry of Finance will review and issue a Certificate of registration to practice accounting services to the person registering to practice accounting services.
Contents of accounting and auditing licenses
Contents of accounting and auditing licenses

Duration of the Certificate of registration to practice accounting and auditing services

Pursuant to Clause 2, Article 7 of Circular 296/2016/TT-BTC, the certificate of registration to practice accounting services is valid for a maximum of 5 years (60 months) but not exceeding December 31 of the third year from the effective date of the Certificate.

Why should you use a comprehensive service to apply for an accounting and auditing license?

Using the full service of applying for accounting and auditing licenses brings many important benefits to businesses and individuals, including:

  • Save time and effort: Experienced experts will help you complete documents and procedures quickly, avoiding unnecessary errors;
  • Ensuring compliance with legal regulations: With an experienced team, the comprehensive service will help you ensure compliance with legal regulations, avoid violations or waste time editing records;
  • In-depth consulting: Experts will provide optimal solutions so that businesses and individuals can practice accounting and auditing effectively and legally;
  • Post-licensing support: In addition to completing licensing procedures, the full service also supports customers during operations and re-issuing licenses when necessary.
Consulting and support services for applying for accounting and auditing licenses
Consulting and support services for applying for accounting and auditing licenses

Content of consulting and support services for applying for accounting licenses and auditing packages at Long Phan

In order to bring convenience to customers when they need to register for accounting and auditing licenses, Long Phan is always willing to support customers in the above licensing process as well as necessary notes on the process. order and procedures for effective implementation. Our services include:

  • Consulting on issues surrounding applying for accounting and auditing licenses;
  • Assist customers in preparing and drafting necessary documents;
  • Representing customers to carry out procedures for granting accounting and auditing licenses at competent state agencies;
  • Regularly update application status and respond to notifications from competent authorities;
  • Answer questions during the implementation process, after carrying out procedures for granting accounting and auditing licenses;
  • Deliver and receive results at home, free of charge within the city. Ho Chi Minh.

Applying for an accounting and auditing license is an important and necessary process for an individual or business to practice. Together with a team of experienced experts, Long Phan will support customers in effectively granting accounting and auditing licenses. Please contact the hotline immediately 0906735386 for more specific and detailed advice.