Official letter no. 1517/CT-TT&HT issued on 23rd february 2013 by binh duong tax department on cit finalization, financial statement 2012
Enterprises are required to prepare the financial statement according to calendar year or accounting period of 12 months after submitting to tax authority. Under the unusual circumstances, enterprises are allowed to change the ending date of accounting period which leads to the financial statements for the first accounting period or last accounting period may be shorter or longer than 12 months but may not exceed 15 months.
