Tiếng Việt
中文An accounting unit may hire accounting services and chief accountant services from an accounting service business enterprise or an accounting service household business under Article 56 of the Law on Accounting 2015 (not amended by Law 56/2024/QH15). The hiring must be made in a written contract as prescribed by law.
1. Who may provide accounting and chief accountant services?
Only an accounting service business enterprise (granted the Certificate of eligibility for accounting service business under Article 60) or an accounting service household business (registered as prescribed) may provide accounting and chief accountant services. Individuals practising freelance not through an enterprise/household business may not provide these services. The person directly performing must be a practising accountant holding a valid Practice Registration Certificate.
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2. Contents of the service hiring contract
The written contract must clearly state: scope of work (accounting, chief accountant, financial statement preparation, accounting advisory…); term of performance; rights and obligations of each party; service fees and payment method; confidentiality obligations for accounting information and data; compensation liability upon breach. The hiring unit is responsible for fully and promptly providing accounting information and documents and bears responsibility for the legality of the vouchers it provides.
3. Responsibilities of the parties
– Service provider: performs work under the contract, complies with accounting standards and professional ethics; bears responsibility for service quality; compensates damage caused by its fault; purchases professional liability insurance.
– Hiring unit: provides truthful information; pays fees on time; the legal representative of the hiring unit remains responsible for the financial statements and accounting data of its unit — hiring services does not transfer this legal responsibility.
– Where chief accountant services are hired, the unit is not required to appoint an internal chief accountant during the contract’s validity.
Notes on applying current legal regulations
The content of this article is presented for reference purposes, helping readers understand the legal issue at an overview level. When signing contracts, check that the service provider’s Certificate of eligibility remains valid. Where advice is needed, you should contact an ANT Legal lawyer via 0966.475.966 for review and advice before proceeding.
Common risks to note
– Hiring freelance individuals not through an enterprise/household business.
– Failing to make a written contract.
– Provider’s Certificate of eligibility expired.
– Assuming hiring services transfers legal responsibility for data.
How can ANT Legal help?
ANT Legal assists in reviewing and drafting accounting service hiring contracts and advising on parties’ responsibilities. For prompt advice, please contact our lawyers via 0966.475.966.
Frequently asked questions
May an accounting unit hire chief accountant services?
Yes. An accounting unit may hire accounting services and chief accountant services from an accounting service business enterprise or an accounting service household business under Article 56 of the Law on Accounting 2015; the hiring must be made in a written contract.
Who may provide chief accountant services?
Only an accounting service business enterprise (granted the Certificate of eligibility for accounting service business) or an accounting service household business; the person directly performing must be a practising accountant holding a valid Practice Registration Certificate.
Does hiring chief accountant services transfer legal responsibility?
No. The legal representative of the hiring unit remains responsible for the financial statements and accounting data of its unit — hiring services does not transfer this legal responsibility.
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