Circular No. 74/2025/TT-BTC dated July 4, 2025 issued by the Ministry of Finance on regulations regarding the retention period of records and documents in the finance sector

For the field of accounting and auditing, the regulations are as follows:

• General ledgers: 20 years
• Accounting documents directly used for recording in the accounting books and preparing financial statements, including detailed statements, detailed accounting books; monthly, quarterly, and annual financial statements of the accounting unit; finalization reports; internal accounting inspection reports and other documents directly used for recording in accounting books and preparing financial statements: 10 years
• Accounting documents related to liquidation or disposal of fixed assets, inventory reports and asset valuation reports: 20 years
• Accounting documents of project owners, including annual accounting records and finalization reports of completed projects classified as Group B and Group C: 10 years
• Accounting documents related to the establishment, division, separation, consolidation, merger, transformation of ownership form or enterprise type, reorganization, dissolution, bankruptcy, cessation of operations, or completion of projects: 10 years
• Accounting documents not directly used for recording in accounting books and preparing financial statements (e.g., receipts, payment vouchers, warehouse receipt and delivery notes): 5 years
• Accounting documents used for management and administration purposes of the accounting unit but not directly used for recording in accounting books and preparing financial statements: 5 years

This Circular shall take effect from August 18, 2025.

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