Independent review
We assess your entity against current Vietnamese requirements — not what was required when you set up, but what is required now.
Staying compliant in Vietnam is an ongoing obligation, not a one-time task. Forra's Compliance Report gives you a full picture of your entity's regulatory standing — and a clear plan to resolve any gaps.
Every Vietnam-registered entity — company, branch, or representative office — has ongoing obligations. Annual activity reports, investment filings, licence maintenance, labour registrations. Miss one and you face fines. Miss several and you risk suspension.
Forra's Compliance Report reviews your entity against its full obligations. We identify what's current, what's overdue, and what needs attention before it becomes a problem.
We assess your entity against current Vietnamese requirements — not what was required when you set up, but what is required now.
Every finding is classified by urgency — critical gaps requiring immediate action, items due within 30 days, and longer-term monitoring items.
The report tells you exactly what to do, in what order, and what Forra can handle on your behalf — not just a list of problems.
A 12-month compliance calendar showing every upcoming deadline for your entity type, with Forra's recommended lead times.
The scope is fixed — every client receives the same comprehensive assessment. There are no abbreviated versions.
Review of the entity's establishment licence, ERC, and any sub-licences. Checks validity dates, licensed activities versus actual operations, and any required amendments not yet filed.
For foreign-invested entities holding an Investment Registration Certificate: review of whether quarterly and annual investment activity reports have been filed with the investment authority, and whether actual operations match the registered project scope and capital schedule.
Review of employment contracts, labour registration, social and health insurance contributions, and work permit status for foreign employees against current Labour Code requirements.
Confirms the current legal representative's details match the ERC and all associated registrations. Identifies mismatches requiring amendment and any authorisation gaps.
Verifies charter capital has been contributed within the required timeframe and is correctly reflected in the company's capital account and statutory records.
Confirms that medium- and long-term foreign loans are registered with the central bank, and that foreign-investment capital flows through a licensed direct-investment capital account as current regulations require.
Confirms the entity's registered address matches all official records and signage meets current requirements. Flags any discrepancy between registered and actual address.
Checks all annual and statistical reports due to the licensing and statistics authorities — including the activity report for ROs and branches — have been filed on time. Identifies consecutive missed filings that could trigger revocation risk.
Recurring legal and government-reporting deadlines for a typical Vietnam-registered company or branch. Tax and accounting deadlines are handled under Forra's Accounting & Tax service. Your specific entity type may add further obligations — Forra tracks all of them.
Forra manages the review end-to-end. You provide access to your entity's records; we deliver a structured report with prioritised findings and a clear action plan — typically within five working days.
We confirm your entity type, registration history, and known compliance issues. Forra sends a secure document request list.
We review your ERC and IRC, licence documents, government-report filings, labour and insurance records, and authority correspondence.
We verify your entity's status directly with the business registration authority, the provincial licensing authority, and other registries to identify discrepancies.
Findings are classified — critical, required, advisory — and written up with the 12-month deadline calendar attached.
We walk through the report on a 30-minute call, answer questions, and confirm which items Forra will manage ongoing.
The most common delay is document gathering on the client side. Forra sends a structured checklist at intake — having those documents ready cuts the timeline significantly.
No travel required. All document sharing is handled securely online. Your team stays wherever they are — we handle all authority liaison and verification in Vietnam.
Most compliance checks are reactive — triggered by a penalty notice or an authority inspection. Forra's review is proactive, structured, and designed to prevent problems before they occur.
Because we also handle formation, HR, payroll, and global mobility, we identify compliance gaps that cut across functions — not just what's visible in corporate filings.
Every report covers all eight areas for every client. No abbreviated reviews. You get the full picture, or we don't do it.
Forra handles HR, payroll, and global mobility — so we catch compliance gaps that span multiple functions, not just corporate filings.
Filing overdue activity and government reports, submitting licence amendments, registering foreign loans — Forra can remediate every finding in-house.
All compliance reviews are fixed-fee based on entity type. Remediation work is quoted separately once findings are known. No hourly rates or retainers for a first review.
For ROs with limited activity, no revenue, and a single Chief Representative.
For active companies and branches with investment, labour, and licensing obligations. Most foreign-invested clients.
For groups with two or more related entities in Vietnam, or entities with complex structures.
The standard turnaround is five working days from the point we receive all documents. For an RO or simple entity structure, often three days. For a group review, we advise on a specific timeline at intake.
The most common delay is document gathering on the client side. Forra's structured checklist at intake helps significantly.
At intake we'll ask for your ERC, your Investment Registration Certificate where applicable, recent government-report filings, latest licence documents, employment contracts and work permit records for foreign staff, and any correspondence from Vietnamese authorities in the past 12 months.
If you don't have all of these, that's fine — identifying what's missing is part of the review itself.
Finding problems is the point. The report classifies findings by severity and recommends the correct sequence of remediation. Where immediate action is needed — an imminent licence expiry or an overdue tax filing — we flag this at the briefing and can begin remediation immediately.
Remediation is quoted separately once findings are known, so you're never committed without knowing the cost.
Yes — and this is one of the main advantages of using Forra rather than an external auditor. We have in-house teams for tax, corporate secretarial, HR, and global mobility. Most findings can be remediated entirely within Forra without engaging a separate firm.
A statutory audit produces an auditor's opinion on your financial statements, and tax finalisation is handled under our Accounting & Tax service. Forra's Compliance Report is a legal and regulatory review — it checks your entity's status across corporate, investment, labour, and licensing obligations. The three serve different purposes and are not substitutes for each other.
Yes. Most clients who commission a one-off review subsequently engage Forra for ongoing management — annual reports, licence renewals, amendment filings, and regulatory monitoring. The compliance report gives us — and you — a clean baseline to work from.
Yes. The report is prepared exclusively for your company and subject to Forra's standard client confidentiality terms. If the engagement is for due diligence purposes and you intend to share the report with an acquirer or investor, let us know at intake — we can adjust the format accordingly.
Commission a compliance review and know exactly where your entity stands — before the authorities tell you.