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Australian companies in Vietnam: tax, accounting, and CFO advisory

Vietnam-side accounting, tax, payroll, transfer pricing, and CFO advisory for Australian-headquartered companies. ATO-aligned documentation, AUD reporting.

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Overview

Australian companies have a growing footprint in Vietnam, particularly in mining services, agribusiness, software, and education. We provide Vietnam-side accounting, tax, payroll, transfer pricing, and CFO advisory to Australian parents. Our team is familiar with the Australia-Vietnam tax treaty, ATO documentation requirements, and AUD reporting frameworks.

Who needs this service

  • Australian-headquartered companies with Vietnam operations
  • Australian SMEs expanding into Vietnam
  • Australian holding companies with Vietnamese subsidiaries

Legal requirements

Vietnamese Accounting System (VAS)

Vietnam entities must maintain books under VAS and file statutory financial statements in Vietnamese.

Australia-Vietnam tax treaty

Reduces withholding on dividends to 0% (with conditions), on interest to 10%, and on royalties to 10%.

Group reporting

Australian parents typically expect monthly management accounts in AUD, quarterly consolidation, and the annual audit.

Pricing

Indicative fees

ItemFee
Australian client monthly compliancefrom USD 1,500 / month
AUD reporting and consolidationfrom USD 1,000 / month

Fees are indicative and depend on transaction volume, complexity, and reporting requirements. Request a tailored proposal.

Timeline

Typical engagement timeline

Phase 1 · Week 1–4

Setup

Vietnam entity setup, group chart of accounts, AUD reporting framework.

Phase 2 · From month 2

Steady state

Monthly close, group reporting, treaty-claim documentation, audit support.

Watch out

Common mistakes we help you avoid

  • 01Not obtaining the ATO Certificate of Residence before treaty claims
  • 02Missing the VAS-to-AASB / IFRS reconciliation
  • 03Failing to align the TP documentation with ATO expectations
  • 04Not tracking the AUD/VND FX exposure in the management accounts
Why us

What you get

Treaty expertise

We obtain the ATO CoR, prepare the treaty-claim documentation, and apply the reduced rates.

AUD reporting

Monthly management accounts in AUD, with the FX gain/loss reconciled to the parent's reporting framework.

ATO-aligned documentation

TP documentation aligned with ATO expectations and OECD BEPS.

FAQ

Frequently asked questions

What is the typical Vietnam setup for an Australian company?
Australian companies typically set up a sales/marketing subsidiary or a regional operations centre in Vietnam. The subsidiary is 100%-foreign-owned. The Australian parent typically uses Vietnam as a low-cost engineering or operations hub.
How is the Australia-Vietnam tax treaty applied?
The Australia-Vietnam DTA reduces withholding tax on dividends to 0% (where the parent holds a qualifying stake and is a company), on interest to 10%, and on royalties to 10%. The Australian parent must obtain a Certificate of Residence from the ATO and submit it for treaty claims.
What is the typical engagement model for an Australian client?
Australian clients expect English-first communication, ATO-compliant transfer pricing documentation, and reporting that reconciles to the Australian group's calendar. We provide monthly management accounts, quarterly compliance, and the annual audit liaison.
What is the typical AUD/USD reporting framework?
Australian parents typically want reporting in AUD. We maintain an AUD-functional ledger for management reporting, with the VND functional ledger for statutory. FX gains/losses are reconciled to the parent's reporting currency.
Get Started

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Free 30-minute consultation. We'll review your situation and outline a fixed-fee engagement.

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