{"id":20055,"date":"2026-02-26T15:31:29","date_gmt":"2026-02-26T08:31:29","guid":{"rendered":"https:\/\/brochure.crowevietnam.vn\/en\/?post_type=news&p=20055"},"modified":"2026-02-26T15:31:43","modified_gmt":"2026-02-26T08:31:43","slug":"penalties-for-late-submission-of-financial-statements-enterprises-required-to-undergo-an-audit","status":"publish","type":"news","link":"https:\/\/brochure.crowevietnam.vn\/en\/news\/penalties-for-late-submission-of-financial-statements-enterprises-required-to-undergo-an-audit\/","title":{"rendered":"Penalties for late submission of financial statements & Enterprises required to undergo an audit"},"content":{"rendered":"

View and download the infographic<\/a><\/p>\n

1. Penalties for late submission of Financial Statements<\/h2>\n

Pursuant to Article 12 of Decree 41\/2018\/ND-CP, the penalty levels for violations regarding the submission and public disclosure of financial statements are prescribed as follows:<\/p>\n

Article 12. Penalties for violations against regulations on the submission and public disclosure of financial statements<\/strong><\/p>\n

1. A fine ranging from VND 5,000,000 to VND 10,000,000 shall be imposed for one of the following acts:<\/strong><\/p>\n

a) Submitting the financial statements to the competent state agency less than 03 months late compared to the prescribed deadline;<\/p>\n

b) Publicly disclosing the financial statements less than 03 months late compared to the prescribed deadline.<\/p>\n

2. A fine ranging from VND 10,000,000 to VND 20,000,000 shall be imposed for one of the following acts:<\/strong><\/p>\n

a) Publicly disclosing financial statements with incomplete content as prescribed;<\/p>\n

b) Submitting the financial statements to the competent state agency without an attached audit report in cases where the law requires the financial statements to be audited;<\/p>\n

c) Submitting the financial statements to the competent state agency 03 months or more late compared to the prescribed deadline;<\/p>\n

d) Publicly disclosing financial statements without an attached audit report in cases where the law requires the financial statements to be audited;<\/p>\n

\u0111) Publicly disclosing financial statements 03 months or more late compared to the prescribed deadline.<\/p>\n

3. A fine ranging from VND 20,000,000 to VND 30,000,000 shall be imposed for one of the following acts:<\/strong><\/p>\n

a) Falsifying information or data in the publicly disclosed financial statements;<\/p>\n

b) Providing or publishing financial statements for use in Vietnam with inconsistent data within a single accounting period.<\/p>\n

4. A fine ranging from VND 40,000,000 to VND 50,000,000 shall be imposed for one of the following acts:<\/strong><\/p>\n

a) Failing to submit financial statements to the competent state agency;<\/p>\n

b) Failing to publicly disclose financial statements as prescribed.<\/p>\n

5. Remedial measures:<\/strong><\/p>\n

Compelling the submission and public disclosure of the audit report attached to the financial statements for acts of violation specified in Points b and d, Clause 2 of this Article.<\/p>\n

2. Enterprises required to audit financial statements<\/h2>\n

In 2026, enterprises required to have their financial statements (FS) audited include: FDI enterprises, credit institutions, insurance businesses, public\/securities companies, state-owned enterprises (SOEs), and large-scale enterprises (meeting 2 out of 3 criteria: 200 employees, VND 300 billion in revenue, VND 100 billion in assets).<\/p>\n

Details of mandatory audit cases:<\/strong><\/p>\n

1. Foreign Direct Investment (FDI) enterprises: All FDI enterprises must have their FS audited annually.<\/p>\n

2. Credit and financial institutions: Including banks, financial companies, and insurance business\/brokerage enterprises.<\/p>\n

3. Public companies, securities issuing and trading organizations: These entities are required to be audited as prescribed.<\/p>\n

4. State-owned enterprises (SOEs): All SOEs (except in cases involving state secrets).<\/p>\n

5. State-invested enterprises: Enterprises with state capital holding 20% or more of voting rights.<\/p>\n

6. Large-scale enterprises (according to Decree 90\/2025\/ND-CP): Enterprises not belonging to the above groups but meeting at least 2 out of 3 criteria (based on 2025 data):<\/p>\n

    \n
  • Average number of employees participating in social insurance from 200 persons or more.<\/li>\n
  • Total annual revenue from VND 300 billion or more.<\/li>\n
  • Total assets from VND 100 billion or more.<\/li>\n<\/ul>\n

    7. Specific projects and units: Projects of national importance, Group A projects using state capital, or ODA projects.<\/p>\n","protected":false},"excerpt":{"rendered":"

    View and download the infographic 1. Penalties for late submission of Financial Statements Pursuant to Article 12 of Decree 41\/2018\/ND-CP, the penalty levels for violations regarding the submission and public disclosure of financial statements are prescribed as follows: Article 12. Penalties for violations against regulations on the submission and public disclosure of financial statements 1. […]<\/p>\n","protected":false},"author":4,"featured_media":20056,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"content-type":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"new_categories":[114],"class_list":["post-20055","news","type-news","status-publish","has-post-thumbnail","hentry","new_categories-accounting"],"acf":[],"_links":{"self":[{"href":"https:\/\/brochure.crowevietnam.vn\/en\/wp-json\/wp\/v2\/news\/20055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/brochure.crowevietnam.vn\/en\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/brochure.crowevietnam.vn\/en\/wp-json\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/brochure.crowevietnam.vn\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/brochure.crowevietnam.vn\/en\/wp-json\/wp\/v2\/comments?post=20055"}],"version-history":[{"count":2,"href":"https:\/\/brochure.crowevietnam.vn\/en\/wp-json\/wp\/v2\/news\/20055\/revisions"}],"predecessor-version":[{"id":20058,"href":"https:\/\/brochure.crowevietnam.vn\/en\/wp-json\/wp\/v2\/news\/20055\/revisions\/20058"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brochure.crowevietnam.vn\/en\/wp-json\/wp\/v2\/media\/20056"}],"wp:attachment":[{"href":"https:\/\/brochure.crowevietnam.vn\/en\/wp-json\/wp\/v2\/media?parent=20055"}],"wp:term":[{"taxonomy":"new_categories","embeddable":true,"href":"https:\/\/brochure.crowevietnam.vn\/en\/wp-json\/wp\/v2\/new_categories?post=20055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}