Tax advisory

Tax is an area where a small error can lead to years of back taxes and late-payment interest. Corvane's tax team, led by Partner Ly Gia Hung, brings together professionals holding tax agent practising certificates, Vietnamese CPA and ACCA qualifications. We work with businesses from monthly filings through to decisions with significant tax impact, such as restructuring or new investment.

Scope of services

• Tax compliance: VAT, provisional corporate income tax, foreign contractor tax and personal income tax filings; annual finalisation and supporting notes.
• VAT refunds: eligibility review, preparation of the refund file, reconciliation of payment evidence and liaison with the tax authority during pre- or post-refund inspection.
• Transfer pricing: identification of related parties, functional analysis, method selection and documentation under the rules on related-party transactions.
• Tax health checks: independent review of the last three to five years, risk rating and, where needed, recommendations for voluntary adjustment.
• Tax audit support: preparing documents and explanations and attending meetings with the authorities.
• Investment incentives: assessing eligibility and monitoring that conditions continue to be met each year.

How we work

Every piece of advice is set out in writing, stating the facts provided by the client, the basis applied, any alternative interpretations and the level of risk attached to each option. Standard queries receive a written answer within five working days; complex matters follow an agreed timetable. When regulations change, we send each client a short note on the specific impact for their business rather than simply forwarding the news.

Deliverables

• A tailored tax calendar for each legal entity, with deadline reminders in Corvane Portal.
• Filings, finalisation returns and a complete set of reconciliations on file.
• A tax risk review report listing issues by severity, with recommended actions.
• Transfer pricing documentation updated annually, bilingual where required.

We do not promise a refund amount or the conclusion of an audit. What we commit to is a complete file, rigorous reasoning and being at the client's side throughout.

Why Corvane

For three consecutive years, 2023 to 2025, not one tax filing for a full-service client was submitted late. That record comes from two-level review, automated deadline tracking and accounting and tax teams working on the same file. Around 40% of our clients are foreign-invested enterprises, so we are used to explaining Vietnamese rules to parent companies in English, Japanese or Korean, briefly and precisely.