Tax audits and inspections pose significant challenges for businesses, often resulting in substantial back taxes and penalties. These issues arise from a lack of thorough understanding of tax regulations and inconsistencies in interpreting these regulations—both between businesses and tax authorities and among different local tax agencies.

Common Issues During Tax Audits

  • Tax Compliance Concerns:
    Businesses preparing for a tax audit or inspection often need to assess their compliance status to avoid potential errors and penalties.

  • Industry-Specific Tax Risks:
    Tax risks may arise due to industry-specific factors or frequent changes in accounting personnel, leading to concerns about the accuracy of prior tax filings.

  • Unclear Regulations:
    Companies often seek professional tax advisory services to amend filings where regulations are unclear.

Our Services Include:

  • General Tax Risk Assessment: We conduct a thorough review of your company’s tax risks to identify and address potential concerns before an audit.
  • Guidance Through Tax Investigation:We provide advice on procedures and steps to ensure a smooth tax inspection process.
  • Review of Documents from Tax Authorities: We assist with understanding and complying with documents issued by tax authorities.
  • Support in Tax Compliance: We offer advice on resolving issues during tax investigations, ensuring compliance with tax laws while protecting your company’s financial interests.
  • Preparation of Official Letters: We help draft official letters to tax authorities to explain and support your position regarding tax laws.
  • Analysis of Tax Investigation Reports: We assess tax investigation minutes and advise on how to respond to protect your tax benefits.
  • Finalization of Tax Investigation Minutes We assist in finalizing and signing tax investigation minutes with tax authorities.
  • Post-Investigation Support: We provide advice on making necessary tax payments and improving future tax compliance.

Why Choose KMC for Tax Audit Assistance?

KMC is committed to helping businesses navigate the complexities of tax audits and inspections. Our expert team ensures that you receive tailored strategies and hands-on support to maintain compliance and safeguard your financial interests.

For professional assistance with tax audits and inspections, contact KMC today. Let us help you streamline the process and enhance your financial stability.

Other Services

Accounting Advisory

KMC provide professional initial accounting and tax registration services, you shall not bother about issues related to tax and accounting after post license. Our team with high expertise and many years experiences will support and accompany you.

Tax Advisory

Our tax services rely on our local knowledge to ensure tax compliance, tax administration and dealing with tax authorities. We assist you by taking into account the latest regulations thus ensuring full tax compliance and optimization.

Business Advisory

KMC believes in an approach to our client, as we familiarize ourselves with all aspects of your business and the environment in which you operate, it enables us to propose you the most appropriate plan at a competitive service fee.

Mergers and Acquisitions (M&A) Advisory

Our global network in combination with our deep industry knowledge means that we can help companies identify other businesses that offer a good strategic fit and assist them with acquisitions, mergers and alliances that allow them to maintain and build their competitive advantage.

Transfer Pricing Advisory

Transfer pricing refers to the rules and methods for pricing transactions between related entities, typically within multinational companies. Currently, regulations on compliance of transfer pricing are very complexly and strictly.

Annual Consulting Services

KMC has the expertise with experienced resources, including lawyers, auditors, accountants who have many years of experiences working in the investment, accounting, taxation and labour consulting fields.

Other Services

Besides Accounting, Taxation, Business Services, etc. KMC also has efforts to provide other services to Clients related to business activities of the enterprises in Vietnam.