Decree No. 41/2018/ND-CP issued by the Government to regulate administration penalties for accounting issues and fraud, effective from 1 May 2018. The Decree sets strict requirements for the format of accounting vouchers, books, charts of accounts, and financial statements, and even a minor transgression could result in significant financial penalties.

TMF Group has qualified experts to support on the accounting and tax compliance matters. Write to us at jack.nguyen@tmf-group.com.