Is it mandatory for a person granted a certificate of practicing accounting services to practice continuously?
In Clause 2, Article 7, Circular 296/2016/TT-BTC, it is stipulated:
The certificate of registration for accounting service practice has a maximum validity period of 5 years (60 months) but not exceeding December 31 of the fifth year from the effective year of the certificate of registration for accounting service practice.
=> Thus, according to the above regulations, the certificate of registration for accounting service practice has a maximum validity period of 5 years (60 months).
And in Article 9 of the Circular, it is stipulated about cases where the certificate of registration for accounting service practice becomes invalid or ineffective:
The certificate of registration for accounting service practice expires.
The certificate of registration for accounting service practice is revoked.
During the period the practicing accountant is suspended from practicing accounting services.
4. The practicing accountant no longer works and terminates the full-time employment contract at the accounting service business, accounting service household business recorded on the certificate of registration for accounting service practice.
The full-time employment contract at the accounting service business, accounting service household business expires or has changes that lead to non-compliance as a full-time employment contract according to the provisions of Article 4 of this Circular.
The work permit in Vietnam for the foreign practicing accountant becomes invalid or ineffective.
The practicing accountant does not continue to practice accounting services.
The accounting service business, accounting service household business where the practicing accountant is registered to practice undergoes division, separation, merger, consolidation, cessation of activities, dissolution, or bankruptcy.
A person loses their civil act capacity; a person is prosecuted for criminal liability, or convicted of economic management-related crimes involving finance, accounting; a person is subjected to administrative handling measures, education at commune, ward, or commune-level town; a person is sent to compulsory education institutions, compulsory detoxification centers; a person is convicted of serious crimes violating economic management order.
The practicing accountant is dead or missing.
=> Thus, according to the above regulations, the suspension of accounting service practice does not automatically invalidate the certificate of registration for accounting service practice. Therefore, if the suspension of work does not fall into one of the above-stipulated cases, your certificate of registration for accounting service practice remains valid.
Respectfully.
