How will violations against regulations on duplication and sealing of accounting documents will be penalized?

A fine ranging from VND 3.000.000 to VND 5.000.000 shall be imposed in the following cases:

1. Failure to form a council and make a document identifying accounting documents that cannot be duplicated.

2. The accounting document’s duplicates do not have sufficient signatures and seals (if any) of relevant entities.

3. Confiscate or seal accounting documents ultra vires.

4. Failure to provide accounting documents to the competent authorities for confiscation and sealing.

As an established company in the field of tax and legal consulting, Vinasc hopes to adequately inform our customers to help them mitigate the risk during operation in Vietnam. Should there be any further concern, please contact Vinasc’s Customer Care department for timely support.