Transfer pricing is considered the most important international tax issue facing business operations of companies operating across borders. However, the laws surrounding transfer pricing are becoming ever-more complex and today, and tax affairs of multinational companies are facing scrutiny from media and the public.

In Vietnam, Decree No. 20/2017/ND-CP dated 24 February 2017 has been issued to regulate and to provide guidelines on preparation of declaration forms and documents for determination of associated transaction prices. These regulations and guidelines are one of the most disputable arenas of tax, which require a substantial technique and information to comply with. Our transfer pricing experts will work with you, together with HLB International’s support, to develop a transfer pricing strategy suited to your multinational company.

How we can help

Our Transfer Pricing experts will help you create strategic advantage by using transfer pricing as a core management tool and deal with various issues of tax, so that you can focus on your business objectives.Our services typically include but are not limited to:

-  Clarifying the transaction to be analysed and confirming that their structure and risk allocations serve your firm’s business objectives.
-   Preparing functional profit and loss statements for all legal entities involved in the transaction being analysed.
-   Analysing potential transfer pricing methods to determine which are best for your company’s circumstances.
-   Conducting a thorough comparables search both internally and externally
-   Reviewing pricing methodologies to select the best method and developing support for the chosen methodology.
-   Devising appropriate documents to comply with tax authorities’ requirements
-   Evaluating whether any additional work is needed to defend the transfer pricing methods used, and to develop a sound system of accounting documents.

Tax Services


Mr. Do Manh Cuong MBA CIMA FCCA CPA Aust. FCPA Vietnam
Deputy General Director
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(84) 903 256 280


Financial Statement Audit is one of the key factors creating AASC brand value and is one of our strength as well. This activity has achieved continuous improvement in both quantity and quality. Currently, in the field of financial statement audit, AASC has more than 250 experts with extensive experience in finance, accounting, auditing, credit and tax, etc. Annually, our auditors have conducted many financial statement audit engagement for companies and projects funded by international organizations. Most of our clients are state-owned enterprises, economic groups, giant corporations, foreign investment companies, commercial banks, government and public organizations and other companies across the nation.

With audit services, AASC has helped our clients to solve their problems and strengthen their accounting and internal control system in order to improve the quality of financial management and business administration.


Implementing the policies of the Communist Party and the State on cost-effective practices and waste prevention in construction investment, since 1993, AASC has employed and trained our staff and auditors with good ethics, professional experience and expertise, including more than 60 architectures, construction engineers, transportation engineers, etc.

Annually, AASC has implemented and completed many audit contracts of project settlement report, comprising of many complex projects such as North-South 500KW power transmission line, Hoa Binh hydropower plant, Dau Tieng irrigation work, Tri An hydropower plant, Song Hinh hydropower plant, Lao Cai Apatite work, etc. We also carried out the audit of many critically important projects of the Communist Party, the National Assembly, the Government, Ministry of Defence, Ministry of Finance such as Meeting room of the Political Bureau, the Secretariat, the Executive Committee, Government Buildings at 37 Hung Vuong street and at 5 Le Duan street, National Conference Center, Power upgrade project at Ho Chi Minh Mausoleum, Memorial of heroic martyrs, Funeral Home of Ministry of Defence.

The audit of project settlement report carried out by AASC have helped investment owners to eliminate unreasonable expenses, save thousands of billion VND of the State budget and the investment owners. Especially, we have contributed to facilitating the timely settlement and approval of investment capital settlement, helping clients to strengthen their accounting and internal control system.

Project settlement report audited by AASC has been approved and highly appreciated by Office of the Party Central Committee, Government Office, Ministry of Finance, Ministry of Defence, Economic Groups, State-owned enterprise and other competent authorities.



AASC was initially established as a company specializing in provision of accounting services. AASC’s accounting services have been highly acknowledged and trusted by the Ministry of Finance and numerous clients. This is also one of the fields that AASC has advantages in personnel and experience. AASC provides various accounting services to our clients, including:

- Setting up accounting system and organizing accounting work for newly established companies; developing internal economic information system for business administration.

- Reviewing, analyzing, innovating, and rationalizing existing accounting and financial system.

- Consulting clients about accounting work such as preparing and rotating documents; bookkeeping; identifying cost pools and calculating unit price; reviewing, adjusting accounting data and closing accounting books; preparing financial statements, project settlement reports, etc.

Especially, AASC along with officers of General Department of Taxation and Departments of Tax in Hanoi, Ho Chi Minh City, Hai Phong, Nam Dinh, Hung Yen… help and instruct thousands of private companies & household businesses to open and record accounting books in accordance with the legal regulations. With these activities, AASC has supported Tax authorities and Financial authorities in surveying the operation of business households, which forms the basis for adjusting tax rate and studying tax policies of this economic sector.

Bookkeeping; preparation of financial statements and settlement report of construction work and other reports;

Accounting system development;

IFRS conversion;

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