-
International Financial Reporting Advisory Services
IFRS reporting advisory serivces of Grant Thornton are carried out by our dedicated team with expertise in IFRS implementation.
-
Audit Services
• Statutory audit • Review of financial statements and financial information • Agreed-upon procedures • FRAS services • Compilation of financial information • Reporting accountant • Cross-border audit • US GAAP audit
-
Audit Quality
We have various methods of monitoring our system of quality control and engagement quality, including real-time involvement of coaches and national office personnel on select audit engagements, reviews of issuer audit engagements prior to archiving by someone outside of the engagement team, and internal inspections of assurance engagements and the system of quality control.
-
Audit Approach
Audit Approach
-
Licensing services
Licensing services
-
International tax planning
Our extensive international network provides us with significant resources to meet all your expansion goals. We strive to develop commercially focused and tailored tax strategies to minimise tax exposures and maximise business efficiency.
-
Expatriate tax planning
We have a broad knowledge base and skills to assist you keep your personal income taxes to a legitimate and reasonable level, while remaining compliant with legislation. We can develop a personalised package for each key employee to take maximum advantage of the exemptions and incentives available.
-
Tax advisory
We will review the proposed business model and transactions and advise on tax implications and recommendations to optimize the tax opportunities under the local regulations and treaties which Vietnam entered into. Furthermore, we coordinate with our GT global tax team to provide a comprehensive tax advisory for the countries involved in the business model and transactions.
-
Tax compliance services
This service is designed to assist enterprises to cope with the statutory tax declaration requirements in line with the Vietnamese tax laws as well as the frequent changes and updates in tax laws.
-
Tax health check
Our Tax Health Check involves a high-level review of specific tax areas to highlight the key issues that need to be rectified in order to reduce tax risks. Through our extensive experience, we have identified key risk areas in which many enterprises are not fully compliant or often overlook potential tax planning opportunities. Our tax health check service represents a cost-effective method to proactively manage risks and reduce potential issues arising as a result of a tax inspection.
-
Transfer Pricing
Transfer pricing is a pervasive tax issue among multinational companies. In Vietnam, the tax authorities require special documentation to report related party transactions. Compliance with transfer pricing regulations is an important aspect of doing business effectively in Vietnam as failure to do so may result in significant penalties.
-
Tax due diligence
We conduct tax due diligence reviews of target companies to analyse their tax exposure and position in relation to acquisitions, mergers or consolidations. We are able to integrate this service with our Advisory Services department in order to offer a comprehensive, holistic due diligence review.
-
Customs and international trade
Our experienced professionals can help you manage customs issues more effectively through valuation planning and making use of available free trade agreements. We also assist Clients in optimising their customs procedures by making use of potential duty exemptions and efficient import-export structures. Risk mitigation activities include customs audit defense and compliance reviews.
-
M&A Transaction
We advise numerous foreign investors on efficient tax structures for their investments. Our experience allows you to consider all the options and set up a corporate structure that meets both operational and tax efficiency requirements. In short, the structure that is best for you.
-
Industrial Zones – Picking A Location For Your Business
Grant Thornton Vietnam’s one-stop services are designed to provide comprehensive support to both new and current investors who are planning to expand or restructure their business in Vietnam. Our professionals have established strong working relationships with landlords, property developers and authorities at various localities. With extensive experiences in liaison with the relevant agencies, we offer assistance including negotiation on land rental rates and efficient management of licensing process. Our customized and flexible solutions can bring benefits of cost efficient location, accelerate licensing process, and optimize tax opportunities while remaining in compliance with legislation.
-
Tax Audit Support
Tax audit support services provide comprehensive assistance to your business in Vietnam. Recent tax practices have shown the general tendency of launching routine tax audit on yearly basis. Tax authorities have been effectively using more sophisticated methods to identify target entities from across different industry sectors.
-
Business Risk Services
Business Risk Services
-
Transaction Advisory Services
Transaction Advisory Services
-
Valuation
Valuation
-
Business consulting services
Finance Management Advisory
-
Accounting services
Accounting services
-
Taxes compliance within outsourcing
Taxes compliance within outsourcing
-
Payroll, personal income tax and labor compliance
Payroll, personal income tax and labor compliance
-
Secondments/Loan staff services
Secondments/Loan staff services
-
Compilation of the financial and non-financial information
Compilation of the financial and non-financial information
-
Accounting systems review and improvement
Accounting systems review and improvement
-
Initial setting-up for accounting and taxes systems
Initial setting-up for accounting and taxes systems
-
Management accounting and analysis
Management accounting and analysis
-
Offshore company establishment service
Using the offshore company model will facilitate the owner in the process of transaction and expand overseas markets, take advantage of the tax policy with many incentives and protect the value of the family enterprise's assets.
-
Private Trust Advisory
The development of the economy with many modern financial instruments has brought many advantages and opportunities for the enterprises, but there are still certain potential risks in any type of business. So how to protect your asset value with an appropriate company structure while stay compliance with relevant regulations?
-
Our values
We have six CLEARR values that underpin our culture and are embedded in everything we do.
-
Learning & development
At Grant Thornton we believe learning and development opportunities help to unlock your potential for growth, allowing you to be at your best every day. And when you are at your best, we are the best at serving our clients
-
Global talent mobility
One of the biggest attractions of a career with Grant Thornton is the opportunity to work on cross-border projects all over the world.
-
Diversity
Diversity helps us meet the demands of a changing world. We value the fact that our people come from all walks of life and that this diversity of experience and perspective makes our organisation stronger as a result.
-
Contact us
Contact us
-
Available positions
Experienced hires
-
Available positions
Available positions
Best business growth environments unmasked
Grant Thornton announces departure of Belgian member firm
Growing businesses would be wrong to overlook developed economies in favour of emerging economies, according to the new Grant Thornton Global Dynamism Index (GDI). The index reveals that despite facing low growth in the short-term, many developed economies still offer businesses favourable conditions for future growth. Mature economies also score more highly than emerging economies for the dynamism of their financing environment.
Developed in conjunction with the Economist Intelligence Unit, the GDI ranks 50 economies on 22 indicators of dynamism. It reveals that the Nordic region is the most dynamic [1] in the world, scoring [2] 66.1 out of 100. The mature economies of North America (62.9) and the G7 (59.6) come second and third. These are higher than the scores for the largely developing regions of Eastern Europe (55.7), the Growth-8 [3] economies] (55.0), Latin America (53.8) and the Middle East and Africa (51.0), although Asia-Pacific (59.3) is just ahead of Western Europe (59.2).
Ed Nusbaum, CEO of Grant Thornton International said: At first glance, the GDI results may appear counterintuitive. Reason suggests that emerging markets are growing faster at the moment and therefore offer more commercial opportunities. However, instinct should tell businesses to look beyond GDP growth rates to the other attributes of mature economies that make them excellent locations for future business growth.
For example, the top three economies “ Singapore, Finland and Sweden are all trade oriented, have well developed legal frameworks and invest heavily in R&D, attributes indicative of an environment with fosters business growth.
Economic growth is just one of five areas highlighted as central to the dynamism of an economy; the others being business operating environment, science and technology, labour and human capital and the financing environment. This means the ranking goes well beyond the headline growth figures that are used to assess economic health.
Ed Nusbaum continued: The importance of dynamism in an economy cannot be understated. Commentators in the US have said recently that the country will lose its identity on the global stage if it loses its economic dynamism. I agree and urge countries around the world to look at how they can boost the dynamism of their economies to boost global growth.
Clearly, there are many different paths to achieving growth, and different factors will work better for different businesses. But the greatest takeaway for me is certainly that businesses should not give up on the developed economies just yet.
[1] "Dynamism" is defined as changes to the economy which have enabled recovery from the 2008-09 economic recession and are likely to lead to a fast rate of future growth.
[2] Modelling the indicators and categories results in scores of 0-100 for each country, where 100 represents the most dynamic environment and 0 the least.
[3] Brazil, China, India, Indonesia, Mexico, Russia, Korea, Turkey