Dossiers of application for certificate of sufficient conditions to carry on business of audit services

Dossiers of application for certificate of sufficient conditions to carry on business of audit services include:

1. A written application for certificate of sufficient conditions to carry on business of audit services;
2. A copy of business registration certificate, certificate of enterprise registration certificates or investment certificate;
3. A copy of certificate of registration of practicing audit of the practicing auditors;
4. Full-time labor contracts of practicing auditors;
5. Documents proving the contributed capital for limited liability companies;
6. Other documents provided by the Ministry of Finance.

The time limit for granting certificates of sufficient conditions to carry on business of audit services

1. Within thirty days from the date of receiving valid dossiers, the Ministry of Finance issues certificates of sufficient conditions to carry on business of audit services to the auditing firms, branches of foreign auditing firms in Vietnam; in case of refusal, the Ministry of Finance must reply in writing and state clearly the reasons.
2. Where it needs to clarify the issues related to dossier requesting for granting certificates of sufficient conditions to carry on business of audit services, the Ministry of Finance requires auditing firms, branches of foreign auditing firms in Vietnam that request for certificates of sufficient conditions to carry on business of audit services to explain.

Re-granting, modification of Certificates of sufficient conditions to carry on business of audit services

1. Certificates of sufficient conditions to carry on business of audit services shall be re-granted or modified in the following cases:
2. a) Having the change of contents of certificate of sufficient conditions to carry on business of audit services;
3. b) Certificate of sufficient conditions to carry on business of audit services is lost or damaged;
4. c) Division, separation, merger, consolidation, or transformation of ownership form.
5. Dossier of application for re-granting, modifying the certificate of sufficient conditions to carry on business of audit services includes:
6. a) Written request for re-granting, modifying the certificate of sufficient conditions to carry on business of audit services;
7. b) The original certificate of sufficient conditions to carry on business of audit services which has been granted, except for the case that the original copy is no longer;
8. c) Other documents related to the re-granting, modification of certificate of sufficient conditions to carry on business of audit services.

3. Within twenty days from the date of receiving valid dossiers, the Ministry of Finance re-grants, modifies the certificate of sufficient conditions to carry on business of audit services; in case of refusal, the Ministry of Finance must reply in writing, and states clearly the reason.