Tax function setup, assessment & enhancement
Compliance – Security – Efficiency
Services
General description of the service
With this service, our team of professionals supports clients in improving and optimising their tax function, helping enterprises operate efficiently and fully comply with applicable regulations.
The deliverables of this service include a fully established or enhanced tax system, detailed guidance on tax processes, specialised training programmes for the tax team, together with an assessment report on the function’s performance and recommendations for improvement.
Our objective is to help enterprises build a strong tax function, enhance financial management capabilities, ensure regulatory compliance and optimise operational efficiency within the organisation.
Service Usage Context
- Newly Established Enterprises or Start-ups: Require support in establishing a tax function, developing appropriate processes and assigning responsibilities to ensure compliance from the outset.
- Small and Medium-sized Enterprises (SMEs): Require assessment and improvement of tax processes to enhance operational efficiency in line with available resources.
- Large Enterprises or Multinational Companies: Require enhancement of organisational structures, staff capabilities and tax management systems to meet complex compliance requirements.
- Enterprises Seeking to Improve Tax Management Efficiency: Require reviews of existing processes, stronger internal controls, fewer errors and reduced tax risks.
Service delivery process and timeline
Service process
- Collect information on the existing tax function, including personnel, processes, software, financial statements, tax documentation and other relevant information.
- Assess existing issues and identify areas for improvement within the tax processes.
- Develop a detailed plan for improving the existing tax function or establishing a new tax system.
- Recommend an appropriate tax function structure, software solutions and required processes.
- Establish internal control procedures and help ensure compliance with applicable tax regulations.
- Provide training to the tax team on new processes, software and supporting tools.
- Provide detailed guidance materials and support staff during implementation.
- Review and assess the effectiveness of the new system after implementation.
- Monitor and evaluate compliance with applicable regulations and the operational performance of the tax function.
- Provide a detailed report on the results of the new system implementation.
- Recommend further improvements based on the assessment of the tax function’s effectiveness, with the aim of enhancing operational efficiency and regulatory compliance.
Timeline for Service Delivery
The timeline for Tax Function Setup, Assessment and Enhancement Services depends on the specific scope of work, the client’s level of cooperation and responsiveness, and the readiness of the relevant parties to provide the necessary information and documentation.
Typically, we can complete this service within approximately 4 to 6 weeks, depending on the complexity of each project. For urgent requirements or projects of a special nature, we may allocate additional resources, flexibly adjust the implementation process and require close cooperation from the client to help ensure both the agreed timeline and the quality of the work.
Quotation process and service fees
To prepare and send you a tailored quotation, we kindly request that you provide relevant information via our form and/or through an in-depth discussion. Based on the information collected, we will analyze your needs and specific requirements in order to:
- Assess the feasibility of service delivery: Determine whether we can provide the requested service appropriately and at a guaranteed quality level.
- Advise on optimal solutions: Recommend alternative solutions (if any) to help optimize efficiency and cost-effectiveness for your organization.
If we are able to support you, we will propose a reasonable fee based on:
- An estimated workload of the engagement;
- The level of professional expertise required from our team.
Estimated response time: The quotation process will be completed within 12 to 24 hours upon receiving your request.
Frequently asked questions
1. Are enterprise information and data kept confidential when using tax services?
We are committed to maintaining the absolute confidentiality of all client information under a Non-Disclosure Agreement (NDA) and apply advanced data security measures to ensure information is protected.
2. Can enterprises receive tax advice on an ad hoc basis, or is a long-term contract required?
We provide both ad hoc tax advisory services and long-term service arrangements, depending on the enterprise’s needs. Under a long-term engagement, enterprises can receive timely support and continuous updates on changes in tax policies and regulations.
3. Do small enterprises need to engage tax services?
Yes. Regardless of size, accounting or tax errors may still result in penalties or create difficulties when the enterprise expands its operations. Using professional tax services helps enterprises ensure regulatory compliance, minimise errors and legal risks, reduce personnel costs, and focus resources on core business activities.
4. Can an enterprise change its outsourced tax service provider?
Yes. Enterprises may change their outsourced tax service provider if the current service no longer meets their requirements. We support data migration, document handover and onboarding to help ensure a smooth transition.
Brand commitment
Crowe Vietnam is committed to building and delivering on its brand personality, with the goal of fostering trust and providing an exceptional experience throughout our journey with clients and partners.
High professional quality at a reasonable cost
Crowe Vietnam is committed to delivering high quality solutions and services at reasonable costs, ensuring an exceptional client experience. We consistently strive for differentiation and continuously enhance the professional capabilities of our team to best meet the evolving needs of our clients.
A portrait of our clients & business partners
We aspire to collaborate with clients and partners who are committed to:
Insights
News
Overview of Crowe Vietnam
Top 9
International brand in Audit, Accounting, Tax, and Business Advisory
Top 9
Audit service provider for FDI enterprises in Vietnam
Top 15
Audit and Advisory service providers in Vietnam
18+
Years of operation (since 2008)
200+
Personnel (350+ including personnel of Crowe’s business associates in Vietnam)
4
Offices
1000+
Clients (1500+ including clients of Crowe’s business associates in Vietnam)
Crowe Vietnam Introduction Video
Why choose us for this service?
Choosing the right service partner is a key factor in ensuring both effectiveness and peace of mind. Here’s why Crowe Vietnam is the trusted choice for you.
International Brand
Crowe Vietnam is a full member of Crowe Global, a top 10 global network of audit, accounting, tax and advisory firms operating in 150 countries. Our international brand enables us to deliver high-quality tax services, helping clients ensure compliance and manage tax risks effectively.
Assured Expertise
With a team of experienced professionals holding internationally and locally recognised qualifications such as ACCA, CPA, CTA, ICAEW and CA ANZ, Crowe Vietnam is committed to delivering high-quality tax services that help clients optimise efficiency and ensure compliance.
Professional Services
Our clients regularly receive useful newsletters and publications, join professional seminars with experienced specialists, receive dedicated technical support, and gain access to a range of modern and practical support tools developed and continuously enhanced by Crowe Vietnam.
Strict Confidentiality
Crowe Vietnam places the highest priority on confidentiality and compliance, applying rigorous control measures to protect client information and prevent data security risks, thereby ensuring maximum transparency and security throughout the provision of tax services.
Global Support
Through our extensive connection with the Crowe Global network, we are always ready to help tax service clients access international professionals and seconded personnel, providing comprehensive support to address complex issues in today’s global business environment.
Reasonable Fees
Crowe Vietnam is committed to delivering high-quality tax solutions at reasonable fees, helping clients optimise costs. We continuously strive to improve and enhance operational efficiency, enabling clients to achieve maximum value within an appropriate budget.
Senior Personnel
Nam Nguyen
Chairman & Managing PartnerFCPA, CTA, FCCA
Lam Vu
General Director & Audit DirectorCPA VN, CPA AU, CTA, MA
Linh Nguyen
Partner, Tax & AdvisoryCPA VN, CPA Aust., CTA
Phat Tran
Partner, Audit & AssuranceFCCA, CIA, CPA VN, CTA