Recently, the Minister of Finance of Vietnam issued Circular No. 183/2013/TT-BTC on independent audit for public interest unit.
Within the guiding scope of Circular No. 183/2013/TT-BTC of the Ministry of Finance of Vietnam, the public interest unit includes:
- The public interest units in the field of securities include the large-scale public companies, listing organizations, organizations issuing securities to the public, securities companies, securities investment companies, funds and fund management companies.
- Other public interest units include:
+ Public companies excluding large-scale public companies;
+ Insurance enterprises, re-insurance enterprises, insurance brokerage enterprises, branches of foreign non-life insurance enterprises (except for insurance enterprises under public interest units in the field of securities);
+ Other enterprises and organizations related to the public interests due to the nature and scale of activities of those units under the regulations of law.
Note: According to Clause 2 Article 2 of Circular No. 52/2012/TT-BTC of the Ministry of Finance of Vietnam, large-scale public companies mean public companies with the actual contributed charter capital being 120 billion VND or above determined under the Financial statement of the latest audited fiscal year or under the latest issue results and the quantity of shareholders must not fewer than 300 as from the date of closing the shareholder list in the Securities Depository Center on December 31 every year under the list announced by of the State Securities Commission.
View other provisions at Circular No. 183/2013/TT-BTC of the Ministry of Finance of Vietnam, effective from January 18, 2014.
Thu Ba
Address: | 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City |
Phone: | (028) 7302 2286 |
E-mail: | info@lawnet.vn |