Private enterprises and partnerships must submit their annual financial statements no later than 30 days after the end of the fiscal year; for other accounting entities, the deadline for submitting annual financial statements is no later than 90 days.
Subordinate accounting units submit their annual financial statements to their superior accounting unit within the deadlines stipulated by the superior accounting unit.
For consolidated financial statements
- Consolidated annual financial statements must be submitted to the owner and competent state management agencies no later than 90 days from the end of the fiscal year and must be publicly disclosed within 120 days from the end of the fiscal year. Parent companies with public interest in the securities sector must submit consolidated annual financial statements and disclose them in accordance with securities laws.
- Consolidated interim financial statements must be submitted to owners and competent state management agencies no later than 45 days from the end of the accounting period. Parent companies with public interest in the securities sector must submit and disclose interim financial statements in accordance with securities laws.
Where to receive the Financial Report
|
TYPES OF BUSINESSES |
Reporting period |
Where to submit the report |
||||
|
Finance agency (1) |
Tax authorities (2) |
Statistical agency |
Superior Enterprise (3) |
Business registration authority |
||
|
Foreign-invested enterprises |
Year |
x |
x |
x |
x |
x |
|
Other types of businesses |
Year |
x |
x |
x |
x |
x |
For consolidated financial statements
Consolidated annual and interim (quarterly) financial statements must be submitted to the financial authorities, tax authorities, statistical authorities, and the investment license or business registration authority, the State Securities Commission, and the Stock Exchange in 2020, specifically as follows:
* Financial institution:
- State-owned corporations and parent companies established by provincial People's Committees must submit consolidated financial statements to the Department of Finance. State-owned corporations and parent companies established by Ministries, ministerial-level agencies, government agencies, or the Prime Minister must submit consolidated financial statements to the Ministry of Finance (Corporate Finance Department), except for the following cases:
- State-owned corporations and parent companies operating in the banking and financial investment sectors must submit consolidated financial statements to the Ministry of Finance (Department of Banking and Financial Institutions). Specifically, the State Capital Investment and Business Corporation (SCIC); the Debt and Asset Trading Company (DATC); and Bao Viet Group, in addition to submitting consolidated financial statements as stipulated above, must also submit them to the Department of Corporate Finance.
- State-owned corporations and parent companies operating in the insurance sector submit consolidated financial statements to the Ministry of Finance (Insurance Management and Supervision Department).
- State-owned corporations and parent companies operating in the securities sector must submit consolidated financial statements to the State Securities Commission and the stock exchange.
** Tax authorities and statistical agencies:
The group/parent company must submit consolidated financial statements to the local tax and statistics authorities for 2020.
* The agency that issues the Investment License or Business Registration Certificate:
Non-state-owned parent companies submit consolidated financial statements to the agency that issued the Investment License or Business Registration Certificate.
** Public companies, listed organizations, organizations issuing securities to the public, securities companies, securities investment companies, funds, and fund management companies must submit consolidated financial statements to the State Securities Commission and the Stock Exchange where the company is listed.