The dossier of application for the Certificate of eligibility for providing audit services

1. The application for the Certificate of eligibility for providing audit services (according to the template in Annex I).
2. The copy of the License to provide audit services of the foreign audit firm (or an equivalent paper) as prescribed by the law of its home country.
3. The copy of the License to open branches in Vietnam of the foreign audit firm.
4. The written commitments to take the full responsibility being sent to the Ministry of Finance made by the foreign audit firm in Vietnam and its branch.
5. The list of full-time auditors having labor contracts at the branch in Vietnam of the foreign audit firm.
6. The copies of the Certificates of audit practice registration of auditors.
7. The copy of the Decision on the appointment of the branch manager made by the foreign audit firm.
8. The written certification made by another independent audit firm of the existing equity of the foreign audit firm in the latest financial statement (in the registration year or the year before).
9. The documents proving that the foreign audit firm provides capital for its branch in Vietnam.

The order and procedure for issuing, reissuing, and amending Certificate of eligibility for providing audit services

1. The applicant for the issuance, reissuance, or amendment of the Certificate of eligibility for providing audit services shall send one dossier as prescribed in this Circular to the Ministry of Finance.
2. If no request for supplementation or explanation is made after the period in Clause 1 Article 23 and Clause 3 Article 24 of the Law on Independent audit, the Ministry of Finance shall consider issuing, reissuing, or amending the Certificate of eligibility for providing audit services; the refusal must be notified and explained in writing by the Ministry of Finance.
3. Where the dossier of application is not valid, the Ministry of Finance shall request the applicant to complete the dossier within 10 working days from the day on which the dossier is received.
4. When receiving the written request from the Ministry of Finance, the applicant must complete the dossier in accordance with the request and send it back to the Ministry of Finance. After 10 working days from the day on which the supplemented dossier is received, if the Ministry of Finance does not make any written request for additional supplementation, the Ministry of Finance shall consider issuing, reissuing, or amending the Certificate of eligibility for providing audit services within the time limit in Clause 1 Article 23 and Clause 3 Article 24 of the Law on Independent audit.
5. Where the applicant does not correct supplement the dossier in accordance with the request, the Ministry of Finance shall request the applicant to complete the dossier as prescribed in Clause 3 and Clause 4 of this Article.