Content of Report on the Status of Maintaining Business Registration for Accounting Services in 2020

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Pursuant to the provisions in Clause 1, Article 3 of Circular 39/2020/TT-BTC amending and supplementing Clause 8, Article 12 of Circular 297/2016/TT-BTC, the Report on the Maintenance of Business Conditions for Accounting Services includes the following contents:

1. Report Title: Report on the Maintenance of Business Conditions for Accounting Services.

2. Required Reporting Contents: Declare the situation of maintaining business conditions for accounting services, including:

- Number and date of issuance of the Enterprise Registration Certificate or Investment Registration Certificate, and other equivalent documents at first issuance and most recent issuance;

- Number and date of issuance of the Certificate of Business Eligibility for Accounting Services at first issuance and most recent issuance;

- Information about the legal representative including name, position, place of birth, date of birth, ID/ Citizen Identification/ Passport number, registered permanent residence address, phone number, email, and certificate of accounting service practice registration number;

- Similar information for the Director/General Director (if not concurrently the legal representative) as for the legal representative;

- List of capital-contributing members, and partnership members including names, year of birth, positions, capital contribution ratios, and certificates of accounting service practice registration (number, validity);

- List of practicing accountants with full-time labor contracts at the accounting services enterprise as of the reporting time including names, year of birth, positions, and certificates of accounting service practice registration (number, validity);

- Charter capital at the reporting time including total charter capital as of the reporting time (committed capital contribution by practicing accountants; actual capital contribution by practicing accountants as of the reporting time; actual capital contribution by member organizations);

- Information on the purchase of professional liability insurance including the insurance provider, insurance fee, and the list of practicing accountants who have purchased professional liability insurance in the year;

- Compliance with the law: Specify any acts of violation of accounting laws, other violations, and the forms of sanctions applied, if any;

3. Reporting Subjects: Enterprises providing accounting services.

4. Reporting Authority: Ministry of Finance (Department of Management and Supervision of Accounting and Auditing).

5. Methods of Submitting and Receiving Reports:

Periodic reports are presented in the form of paper documents or electronic copies, sent via one of the following methods:

- Direct submission;

- Postal services;

- Email system;

- Other methods as prescribed by law.

6. Reporting Deadline: No later than August 31 annually or as requested by the competent authority.

7. Reporting Frequency: Annual periodic report.

8. Reporting Data Cut-off Time: From August 16 of the previous year to August 15 of the reporting year or as requested.

9. Report Outline Format: According to Appendix 6 issued together with this Circular.

10. Data Reporting Template: According to Appendix 6 issued together with this Circular.

11. Process Guidance for Report Implementation: Enterprises providing accounting services shall prepare an annual report on the maintenance of business conditions for accounting services and submit it to the Ministry of Finance within the stipulated deadline.

More details can be found in Circular 39/2020/TT-BTC effective from July 1, 2020.

Thu Ba

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