{"id":2713,"date":"2025-12-25T00:38:50","date_gmt":"2025-12-25T07:38:50","guid":{"rendered":"https:\/\/giaodichlienket.man.net.vn\/?p=2713"},"modified":"2026-01-08T03:08:30","modified_gmt":"2026-01-08T10:08:30","slug":"doi-tuong-phai-lap-cbcr-2026","status":"publish","type":"post","link":"https:\/\/giaodichlienket.man.net.vn\/en\/doi-tuong-phai-lap-cbcr-2026\/","title":{"rendered":"Who must establish a Corporate Citizenship and Recognition Certificate (CbCR) in 2026 \u2013 Which businesses are required to do so, and who are exempt?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">Against the backdrop of Vietnam officially tightening regulations on related-party transactions. <\/span><a href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Nghi-dinh-20-2025-ND-CP-sua-doi-Nghi-dinh-132-2020-ND-%D0%A1%D0%A0-quan-ly-thue-doanh-nghiep-co-giao-dich-lien-ket-642785.aspx\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Decree 20\/2025\/ND-CP<\/span><\/a><span style=\"font-weight: 400;\"> With the global automated tax information exchange mechanism, identifying entities required to prepare a Country-by-County Income Statement (CbCR) is no longer a formality but a vital element in the tax risk management of multinational corporations. Even a single error in identifying the obligation to prepare a Country-by-County Income Statement can lead to transfer pricing audits, tax assessments, and severe penalties. So, specifically, who are the entities required to prepare a CbCR for related-party transactions this year? How can businesses avoid being audited by the tax authorities? Let&#039;s analyze this in detail in the article below by MAN \u2013 Master Accountant Network.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Index<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/doi-tuong-phai-lap-cbcr-2026\/#Bao_cao_loi_nhuan_lien_quoc_gia_CbCR_la_gi\" >What is a Country-by-Country Report (CbCR)?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/doi-tuong-phai-lap-cbcr-2026\/#Chi_tiet_doi_tuong_phai_lap_CbCR_trong_giao_dich_lien_ket\" >Details of entities required to create a Credit Contribution Record (CbCR) in related-party transactions.<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/doi-tuong-phai-lap-cbcr-2026\/#Truong_hop_1_Nguoi_nop_thue_la_Cong_ty_me_toi_cao_tai_Viet_Nam\" >Case 1: The taxpayer is the ultimate parent company in Vietnam.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/doi-tuong-phai-lap-cbcr-2026\/#Truong_hop_2_Nguoi_nop_thue_co_Cong_ty_me_toi_cao_tai_nuoc_ngoai\" >Case 2: The taxpayer has a parent company located abroad.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/doi-tuong-phai-lap-cbcr-2026\/#Cach_xac_dinh_doanh_thu_hop_nhat_18000_ty_dong\" >How to determine consolidated revenue of 18,000 billion VND<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/doi-tuong-phai-lap-cbcr-2026\/#Noi_dung_%E2%80%9Cnhay_cam%E2%80%9D_trong_CbCR_ma_doanh_nghiep_can_luu_y\" >&quot;Sensitive&quot; content in CbCR that businesses need to be aware of<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/doi-tuong-phai-lap-cbcr-2026\/#Rui_ro_khi_xac_dinh_sai_doi_tuong_phai_lap_CbCR_trong_giao_dich_lien_ket\" >Risks arising from incorrectly identifying the entity required to create a Credit Contribution Record (CbCR) in related-party transactions.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/doi-tuong-phai-lap-cbcr-2026\/#Loi_khuyen_cho_doanh_nghiep_tu_nam_2026\" >Advice for businesses from 2026 onwards.<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/doi-tuong-phai-lap-cbcr-2026\/#Ket_luan\" >Conclude<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/giaodichlienket.man.net.vn\/en\/doi-tuong-phai-lap-cbcr-2026\/#Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\" >Contact information MAN \u2013 Master Accountant Network<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Bao_cao_loi_nhuan_lien_quoc_gia_CbCR_la_gi\"><\/span><b>What is a Country-by-Country Report (CbCR)?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/lap-bao-cao-cbcr-giao-dich-lien-ket\/\"><span style=\"font-weight: 400;\">Country-by-Country Report (CbCR)<\/span><\/a><span style=\"font-weight: 400;\"> This is a mandatory tax report for large multinational corporations, aimed at providing tax authorities with an overall view of the allocation of revenue, profits, and corporate income tax of the corporation in each country where the corporation operates.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While the Local File provides detailed information about Vietnam and the Master File offers an overall picture of the corporation, the CbCR is a macroeconomic financial data sheet that lists the profits and taxes paid by the corporation in each country where it operates.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In 2026, Vietnam signed the multilateral MCAA agreement. This means that tax data of large corporations will be &quot;exposed&quot; and automatically exchanged between countries. Identifying the correct entities required to prepare a Certificate of Conformity (CbCR) in related-party transactions is no longer solely a matter for accountants, but a survival strategy for businesses.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Chi_tiet_doi_tuong_phai_lap_CbCR_trong_giao_dich_lien_ket\"><\/span><b>Details of entities required to create a Credit Contribution Record (CbCR) in related-party transactions.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Based on legal regulations, MAN divides the target group into two main cases:<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Truong_hop_1_Nguoi_nop_thue_la_Cong_ty_me_toi_cao_tai_Viet_Nam\"><\/span><b>Case 1: The taxpayer is the ultimate parent company in Vietnam.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<figure id=\"attachment_2716\" aria-describedby=\"caption-attachment-2716\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2716\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Doi-tuong-phai-lap-CbCR-khi-nguoi-nop-thue-la-cong-ty-me-toi-cao-tai-Viet-Nam.jpg\" alt=\"\u0110\u1ed1i t\u01b0\u1ee3ng ph\u1ea3i l\u1eadp CbCR khi ng\u01b0\u1eddi n\u1ed9p thu\u1ebf l\u00e0 c\u00f4ng ty m\u1eb9 t\u1ed1i cao t\u1ea1i Vi\u1ec7t Nam\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Doi-tuong-phai-lap-CbCR-khi-nguoi-nop-thue-la-cong-ty-me-toi-cao-tai-Viet-Nam.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Doi-tuong-phai-lap-CbCR-khi-nguoi-nop-thue-la-cong-ty-me-toi-cao-tai-Viet-Nam-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Doi-tuong-phai-lap-CbCR-khi-nguoi-nop-thue-la-cong-ty-me-toi-cao-tai-Viet-Nam-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Doi-tuong-phai-lap-CbCR-khi-nguoi-nop-thue-la-cong-ty-me-toi-cao-tai-Viet-Nam-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Doi-tuong-phai-lap-CbCR-khi-nguoi-nop-thue-la-cong-ty-me-toi-cao-tai-Viet-Nam-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2716\" class=\"wp-caption-text\">The entity required to prepare a Certificate of Conformity (CbCR) is the ultimate parent company in Vietnam.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">If your business, which is part of a larger corporation in Vietnam, expands into the global market, then your business is a key target.<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Required condition: Global consolidated revenue for the fiscal year must reach VND 18,000 billion or more.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Responsibility: You must prepare the Country-by-Country Report according to the form in Appendix IV of Decree 132\/2020\/ND-CP (See details: <\/span><a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/ke-khai-phu-luc-iv-cbcr\/\"><span style=\"font-weight: 400;\">Instructions for completing Appendix IV<\/span><\/a><span style=\"font-weight: 400;\">)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Deadline: No later than 12 months from the end of the fiscal year. (For example: If the fiscal year ends on December 31, 2024, the business must submit the CbCR report before December 31, 2025, along with the corporate income tax return).<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">However, not all cases of preparing a Country-by-Country Report of Profits originate from a parent company located in Vietnam. In fact, the majority of businesses operating in related-party transactions in Vietnam belong to the group with a parent company located abroad, leading to completely different obligations and scenarios for compliance with the Country-by-Country Report of Profits Criteria (CbCR), which require separate analysis.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Truong_hop_2_Nguoi_nop_thue_co_Cong_ty_me_toi_cao_tai_nuoc_ngoai\"><\/span><b>Case 2: The taxpayer has a parent company located abroad.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<figure id=\"attachment_2717\" aria-describedby=\"caption-attachment-2717\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2717\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Doi-tuong-phai-lap-CbCR-khi-nguoi-nop-thue-la-cong-ty-me-toi-cao-tai-nuoc-ngoai.jpg\" alt=\"\u0110\u1ed1i t\u01b0\u1ee3ng ph\u1ea3i l\u1eadp CbCR khi ng\u01b0\u1eddi n\u1ed9p thu\u1ebf l\u00e0 c\u00f4ng ty m\u1eb9 t\u1ed1i cao t\u1ea1i n\u01b0\u1edbc ngo\u00e0i\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Doi-tuong-phai-lap-CbCR-khi-nguoi-nop-thue-la-cong-ty-me-toi-cao-tai-nuoc-ngoai.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Doi-tuong-phai-lap-CbCR-khi-nguoi-nop-thue-la-cong-ty-me-toi-cao-tai-nuoc-ngoai-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Doi-tuong-phai-lap-CbCR-khi-nguoi-nop-thue-la-cong-ty-me-toi-cao-tai-nuoc-ngoai-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Doi-tuong-phai-lap-CbCR-khi-nguoi-nop-thue-la-cong-ty-me-toi-cao-tai-nuoc-ngoai-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Doi-tuong-phai-lap-CbCR-khi-nguoi-nop-thue-la-cong-ty-me-toi-cao-tai-nuoc-ngoai-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2717\" class=\"wp-caption-text\">The entity required to create a Certificate of Conformity (CbCR) is the ultimate parent company located abroad.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">This applies to FDI companies. Typically, the parent company abroad (in Japan, Singapore, or the United States) will prepare and submit the related-party transaction certificate (CbCR) in their home country. However, the subsidiary in Vietnam may still be required to prepare and submit the CbCR directly to the General Department of Taxation of Vietnam if:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">No exchange agreement in place: The country of the ultimate parent company has a tax agreement with Vietnam but has not signed a CAA agreement for the automatic exchange of CbCR information.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Exchange suspended: An agreement was reached, but the exchange was suspended due to a technical error.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Designated: The corporation designates a company in Vietnam to submit reports on its behalf (usually to optimize regional management).<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">However, even if the ultimate parent company is located abroad and is not typically required to directly submit the Country-by-Country Report of Profits in Vietnam, the obligation to comply with the Consolidated Capital Gains Regulation (CbCR) cannot be definitively established without clarifying a key factor: whether the group&#039;s consolidated global revenue exceeds VND 18 trillion. This is the next step that the enterprise needs to accurately determine to avoid overlooking tax obligations in related-party transactions.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Cach_xac_dinh_doanh_thu_hop_nhat_18000_ty_dong\"><\/span><b>How to determine consolidated revenue of 18,000 billion VND<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Many accountants struggle to determine this figure. Please keep the following three principles in mind:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Globally: This refers not only to revenue in Vietnam, but to the total revenue of all subsidiaries and branches worldwide.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Including internal revenue: Although internal revenue is excluded when preparing consolidated financial statements, when considering the threshold for filing CbCR, we usually have to look at the total scale of operations.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Exchange rate: If the corporation uses Euros, the threshold is typically 750 million Euros. If using other currencies, use the average annual exchange rate to convert to VND when comparing against the 18 trillion VND threshold.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">However, exceeding the consolidated revenue threshold of VND 18,000 billion is only a necessary condition to determine the obligation to prepare a Country-by-Country Report. In reality, the greater risk lies in the &quot;sensitive&quot; data presented within the country-by-country profit report, where tax authorities not only look at aggregated figures but also conduct in-depth analysis of the relationship between profits, personnel, assets, and taxes paid in each country.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Noi_dung_%E2%80%9Cnhay_cam%E2%80%9D_trong_CbCR_ma_doanh_nghiep_can_luu_y\"><\/span><b>&quot;Sensitive&quot; content in CbCR that businesses need to be aware of<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The CbCR report is not just a bunch of meaningless numbers. The tax authorities will use algorithms to analyze it:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Profit Allocation with Human Resources: Why are profits low in Vietnam, yet the number of employees accounts for 80% of the corporation?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Corporate income tax paid: Is there a situation where profits are being channeled to tax havens (tax havens) with 0% tax rates while value-creating activities are taking place in Vietnam?<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Tangible assets: The proportionality between assets (factories, machinery) and recognized profits.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Because the CbCR report contains a lot of &quot;sensitive&quot; data about the allocation of profits, taxes, and resources between countries, simply misidentifying the entity required to prepare the CbCR or being negligent in its reporting obligations can inadvertently put a business in the sights of the tax authorities. This is also why the risks of misidentifying the entity required to prepare the CbCR in related-party transactions are becoming increasingly serious.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Rui_ro_khi_xac_dinh_sai_doi_tuong_phai_lap_CbCR_trong_giao_dich_lien_ket\"><\/span><b>Risks arising from incorrectly identifying the entity required to create a Credit Contribution Record (CbCR) in related-party transactions.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_2715\" aria-describedby=\"caption-attachment-2715\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2715\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Rui-ro-khi-xac-dinh-sai-doi-tuong-phai-lap-CbCR.jpg\" alt=\"R\u1ee7i ro khi x\u00e1c \u0111\u1ecbnh sai \u0111\u1ed1i t\u01b0\u1ee3ng ph\u1ea3i l\u1eadp CbCR\" width=\"1200\" height=\"800\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Rui-ro-khi-xac-dinh-sai-doi-tuong-phai-lap-CbCR.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Rui-ro-khi-xac-dinh-sai-doi-tuong-phai-lap-CbCR-300x200.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Rui-ro-khi-xac-dinh-sai-doi-tuong-phai-lap-CbCR-1024x683.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Rui-ro-khi-xac-dinh-sai-doi-tuong-phai-lap-CbCR-768x512.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2025\/12\/Rui-ro-khi-xac-dinh-sai-doi-tuong-phai-lap-CbCR-18x12.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-2715\" class=\"wp-caption-text\">Risks of incorrectly identifying the entity that needs to create a Certificate of Conformity.<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Don&#039;t be complacent, because the legal consequences are very serious:<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Specifically, the penalties under Decree 125\/2020\/ND-CP are as follows:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fines ranging from VND 8,000,000 to VND 15,000,000 apply to submitting documents (including CbCR) more than 31 to 90 days after the deadline.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fines ranging from VND 15,000,000 to VND 25,000,000: Applicable for failure to submit reports or submitting them more than 90 days late.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Tax assessment (Material Risk): This is the most serious case. If a business is required to prepare a Certificate of Related Party Transactions (CbCR) but fails to provide it, or provides incomplete or untruthful data, the tax authorities have the right to:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reject all self-declared prices from businesses.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Using the tax authority&#039;s database to determine taxable revenue, expenses, or income often results in extremely large additional tax liabilities, along with late payment penalties of 0.031 TP3T\/day.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">A deficiency or error in the CbCR is a &quot;red flag&quot; warning sign of transfer pricing risk. The business will be placed on a priority list for tax audits and inspections (Audit selection) for many consecutive years. At that point, not only related-party transactions but the entire tax operation of the business will be scrutinized in extreme detail.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Loi_khuyen_cho_doanh_nghiep_tu_nam_2026\"><\/span><b>Advice for businesses from 2026 onwards.<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">To best manage the risks associated with requiring a Certificate of Conformity (CbCR) in related-party transactions, businesses should take the following steps to prevent unnecessary risks:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Identifying the Ultimate Parent Company (UPE): Clearly define who is the ultimate entity controlling the corporation.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Verify revenue threshold: Contact the corporate accounting department to obtain the consolidated revenue figures for the immediately preceding year.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Review international agreements: Check if the UPE country has signed a CAA with Vietnam. (This list is regularly updated by the General Department of Taxation).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Prepare your data early: Cross-country earnings reports require data from multiple countries, so don&#039;t wait until the last minute to start.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Consistency: Ensure that the figures on the Country-by-Country Report (CbCR) match. <\/span><a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/ho-so-quoc-gia-local-file\/\"><span style=\"font-weight: 400;\">Local File<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/giaodichlienket.man.net.vn\/en\/ho-so-toan-cau-master-file\/\"><span style=\"font-weight: 400;\">Master File<\/span><\/a><span style=\"font-weight: 400;\"> which the business has established in Vietnam.<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span><b>Conclude<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Identifying the correct entities required to prepare a Transfer Pricing Correspondence Record (CbCR) in related-party transactions is not only a legal compliance requirement but also a crucial foundation in the tax risk management strategy of multinational corporations. In the context of Vietnam&#039;s increased automated tax information exchange and the application of big data in transfer pricing audits, any errors, whether stemming from perception or process, can lead to serious legal and financial consequences.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In practice, many businesses only realize the risks when they have already been &quot;identified&quot; in a tax audit plan. Therefore, proactively reviewing CbCR obligations, assessing the suitability of the corporate group model, and standardizing documentation from the outset will help businesses not only comply correctly but also protect their long-term interests and global reputation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If your business is still unsure about determining which entities are required to prepare a CbCR, notification obligations, or the possibility of exemption under the information exchange mechanism, early consultation with MAN \u2013 Master Accountant Network \u2013 a tax consulting firm specializing in related-party transactions, will be a safe and effective choice. A timely decision today can help your business avoid significant risks during upcoming tax audits.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Contact MAN \u2013 Master Accountant Network for timely advice and support!<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\"><\/span><b>Contact information MAN \u2013 Master Accountant Network<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Address: No. 19A, Street 43, Tan Thuan Ward, Ho Chi Minh City<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Mobile\/Zalo: 0903 963 163 \u2013 0903 428 622<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Email: man@man.net.vn<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Content production by: Mr. <\/span><a href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Le Hoang Tuyen<\/span><\/a><span style=\"font-weight: 400;\"> \u2013 Founder &amp; CEO MAN \u2013 Master Accountant Network, Vietnamese CPA Auditor with over 30 years of experience in Accounting, Auditing and Financial Consulting.<\/span><\/p>\n<p style=\"text-align: right;\"><b><i>MAN Editorial Board \u2013 Master Accountant Network<\/i><\/b><\/p>","protected":false},"excerpt":{"rendered":"<p>Trong b\u1ed1i c\u1ea3nh Vi\u1ec7t Nam ch\u00ednh th\u1ee9c si\u1ebft ch\u1eb7t qu\u1ea3n l\u00fd giao d\u1ecbch li\u00ean k\u1ebft theo Ngh\u1ecb \u0111\u1ecbnh 20\/2025\/N\u0110-CP v\u00e0 c\u01a1 ch\u1ebf trao \u0111\u1ed5i th\u00f4ng tin thu\u1ebf t\u1ef1 \u0111\u1ed9ng to\u00e0n c\u1ea7u, vi\u1ec7c x\u00e1c \u0111\u1ecbnh \u0111\u1ed1i t\u01b0\u1ee3ng ph\u1ea3i l\u1eadp CbCR kh\u00f4ng c\u00f2n l\u00e0 th\u1ee7 t\u1ee5c mang t\u00ednh h\u00ecnh th\u1ee9c, m\u00e0 tr\u1edf th\u00e0nh y\u1ebfu t\u1ed1 s\u1ed1ng c\u00f2n [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":2714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2713","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/comments?post=2713"}],"version-history":[{"count":3,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2713\/revisions"}],"predecessor-version":[{"id":2762,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/posts\/2713\/revisions\/2762"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media\/2714"}],"wp:attachment":[{"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/media?parent=2713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/categories?post=2713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/en\/wp-json\/wp\/v2\/tags?post=2713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}