Official Letter No. 66/QLKT-DN dated January 12, 2026, issued by the Ministry of Finance, provides guidance on the consolidation of financial statements for the year 2025

Accordingly, specific provisions have been set out regarding the consolidation of financial statements for 2025.

In the case where a company was established on December 10, 2025 but there is no basis for applying Circular No. 99/2025/TT-BTC from that date, the company’s first accounting year is determined to cover a period of no more than three (03) consecutive monthly accounting periods, from December 10, 2025 to December 31, 2025. The fact that the company does not consolidate this accounting period with the subsequent accounting year (commencing on January 1, 2026) to form a single accounting year is in accordance with the provisions of Article 12 of the Law on Accounting 2015.

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