{"id":4163,"date":"2026-09-30T16:43:24","date_gmt":"2026-09-30T09:43:24","guid":{"rendered":"https:\/\/giaodichlienket.man.net.vn\/?p=4163"},"modified":"2026-10-05T09:20:48","modified_gmt":"2026-10-05T02:20:48","slug":"chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau","status":"publish","type":"post","link":"https:\/\/giaodichlienket.man.net.vn\/zh\/chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau\/","title":{"rendered":"\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f"},"content":{"rendered":"<p 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su-button-style-flat\" style=\"color:#FFFFFF;background-color:#d9534f;border-color:#ae4340;border-radius:5px\" target=\"_self\" rel=\"nofollow noopener\"><span style=\"color:#FFFFFF;padding:0px 22px;font-size:17px;line-height:34px;border-color:#e58784;border-radius:5px;text-shadow:none\">  \u0110\u0102NG K\u00dd NH\u1eacN FILE M\u1eaaU T\u00cdNH EBITDA <\/span><\/a><\/div>\n<p>&nbsp;<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_88 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\">\u6307\u6570<\/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=\"\u5207\u6362\u76ee\u5f55\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">\u5207\u6362<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: 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class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau\/#Tai_co_cau_lam_mat_dieu_kien_giao_dich_lien_ket\" >\u91cd\u7ec4\u5bfc\u81f4\u5173\u8054\u4ea4\u6613\u6761\u4ef6\u4e0d\u590d\u5b58\u5728<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau\/#Sai_sot_trong_xac_dinh_chi_phi_lai_vay_thuan\" >\u5728\u786e\u5b9a\u51c0\u5229\u606f\u8d39\u7528\u65f6\u7684\u9519\u8bef<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau\/#Ket_luan_va_khuyen_nghi\" >\u7ed3\u8bba\u548c\u5efa\u8bae<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau\/#Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\" >\u8054\u7cfb\u4fe1\u606f MAN \u2013 \u4f1a\u8ba1\u5e08\u5927\u5e08\u7f51\u7edc<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau\/#Cau_hoi_thuong_gap_ve_chi_phi_lai_vay_khong_duoc_tru_chuyen_sang_ky_sau\" >\u5173\u4e8e\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u95f4\u7684\u5e38\u89c1\u95ee\u9898<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau\/#Chi_phi_lai_vay_khong_duoc_tru_chuyen_sang_ky_sau_co_ap_dung_cho_chi_nhanh_khong\" >\u65e0\u6cd5\u62b5\u6263\u5e76\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u7684\u5229\u606f\u8d39\u7528\u662f\u5426\u4e5f\u9002\u7528\u4e8e\u5206\u652f\u673a\u6784\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-24\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau\/#Neu_doanh_nghiep_giai_the_truoc_khi_het_5_nam_so_du_chuyen_ky_xu_ly_the_nao\" >\u5982\u679c\u4f01\u4e1a\u57285\u5e74\u671f\u6ee1\u524d\u89e3\u6563\uff0c\u7ed3\u8f6c\u4f59\u989d\u5e94\u5982\u4f55\u5904\u7406\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-25\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau\/#Chi_phi_lai_vay_chuyen_ky_co_can_ke_khai_rieng_hay_gop_chung\" >\u7ed3\u8f6c\u81f3\u4e0b\u671f\u7684\u5229\u606f\u8d39\u7528\u9700\u8981\u5355\u72ec\u7533\u62a5\u8fd8\u662f\u5408\u5e76\u7533\u62a5\uff1f<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-26\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau\/#Doanh_nghiep_ky_thoa_thuan_APA_co_bi_anh_huong_boi_quy_dinh_nay_khong\" >\u7b7e\u7f72APA\u534f\u8bae\u7684\u4f01\u4e1a\u662f\u5426\u4f1a\u53d7\u5230\u8be5\u89c4\u5b9a\u7684\u5f71\u54cd\uff1f<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Quy_dinh_ve_chi_phi_lai_vay_khong_duoc_tru_chuyen_sang_ky_sau_xuat_phat_tu_dau\"><\/span><b>\u5173\u4e8e\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u4e0d\u5f97\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u95f4\u7684\u89c4\u5b9a\u6e90\u81ea\u4f55\u5904\uff1f<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_4167\" aria-describedby=\"caption-attachment-4167\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4167\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Quy-dinh-ve-chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau.jpg\" alt=\"Quy \u0111\u1ecbnh v\u1ec1 chi ph\u00ed l\u00e3i vay kh\u00f4ng \u0111\u01b0\u1ee3c tr\u1eeb chuy\u1ec3n sang k\u1ef3 sau\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Quy-dinh-ve-chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Quy-dinh-ve-chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Quy-dinh-ve-chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Quy-dinh-ve-chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Quy-dinh-ve-chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4167\" class=\"wp-caption-text\">\u5173\u4e8e\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u95f4\u7684\u89c4\u5b9a<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u8fd9\u4e2a\u6545\u4e8b\u59cb\u4e8e2017\u5e74\uff0c\u5f53\u65f6 <\/span>\u7b2c20\/2017\/ND-CP\u53f7\u6cd5\u4ee4<span style=\"font-weight: 400;\"> \u9996\u6b21\u4e3a\u5173\u8054\u4ea4\u6613\u4e2d\u7684\u5229\u606f\u652f\u51fa\u8bbe\u5b9a\u4e8620% EBITDA\u7684\u95e8\u69db\u3002 \u5f53\u65f6\uff0c\u76f8\u5173\u89c4\u5b9a\u4e0d\u5141\u8bb8\u5c06\u8d85\u51fa\u8be5\u9608\u503c\u7684\u90e8\u5206\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\uff0c\u8fd9\u5f15\u53d1\u4e86\u4f01\u4e1a\u754c\u7684\u5f3a\u70c8\u53cd\u54cd\uff0c\u5c24\u5176\u662f\u91c7\u7528\u96c6\u4e2d\u5f0f\u8d22\u52a1\u6a21\u5f0f\u7684\u5916\u5546\u76f4\u63a5\u6295\u8d44\uff08FDI\uff09\u96c6\u56e2\u3002.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u52302020\u5e74\uff0c, <\/span>\u7b2c68\/2020\/ND-CP\u53f7\u6cd5\u4ee4<span style=\"font-weight: 400;\"> \u8be5\u6cd5\u4ee4\u88ab\u7d27\u6025\u9881\u5e03\uff0c\u8ffd\u6eaf\u9002\u7528\u4e8e2017\u81f32018\u4e24\u5e74\uff0c\u5c06\u95e8\u69db\u4e0a\u8c03\u81f330%\uff0c\u5e76\u9996\u6b21\u5f15\u5165\u4e865\u5e74\u671f\u7ed3\u8f6c\u673a\u5236\u3002\u7136\u800c\uff0c\u8fd9\u4ec5\u662f\u6743\u5b9c\u4e4b\u8ba1\u3002 2020\u5e74\u5e95\uff0c\u300a\u7b2c132\/2020\/N\u0110-CP\u53f7\u6cd5\u4ee4\u300b\u9881\u5e03\uff0c\u5168\u9762\u53d6\u4ee3\u4e86\u300a\u7b2c20\/2017\u53f7\u6cd5\u4ee4\u300b\u548c\u300a\u7b2c68\u53f7\u6cd5\u4ee4\u300b\uff0c\u5e76\u7531\u300a\u7b2c20\/2025\/N\u0110-CP\u53f7\u6cd5\u4ee4\u300b\u8fdb\u884c\u4e86\u8865\u5145\u3002.<\/span><\/p>\n<p>\u81ea2026\u5e747\u67081\u65e5\u8d77\uff0c\u300a\u7b2c255\/2026\/N\u0110-CP\u53f7\u6cd5\u4ee4\u300b\u6b63\u5f0f\u751f\u6548\uff0c\u5168\u9762\u53d6\u4ee3\u300a\u7b2c132\/2020\/N\u0110-CP\u53f7\u6cd5\u4ee4\u300b\u548c\u300a\u7b2c20\/2025\/N\u0110-CP\u53f7\u6cd5\u4ee4\u300b\uff0c, <span style=\"font-weight: 400;\">\u6210\u4e3a\u89c4\u8303\u5173\u8054\u4ea4\u6613\u9886\u57df\u7684\u73b0\u884c\u6cd5\u89c4\uff0c\u5176\u4e2d\u5305\u542b\u5173\u4e8e\u501f\u6b3e\u5229\u606f\u8d39\u7528\u7684\u5168\u90e8\u89c4\u5b9a\uff0c\u81ea2026\u5e74\u4f01\u4e1a\u6240\u5f97\u7a0e\u7eb3\u7a0e\u671f\u8d77\u9002\u7528\u3002.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Doi_tuong_ap_dung_va_truong_hop_khong_ap_dung_gioi_han_chi_phi_lai_vay\"><\/span><b>\u9002\u7528\u5bf9\u8c61\u53ca\u4e0d\u9002\u7528\u5229\u606f\u652f\u51fa\u9650\u989d\u7684\u60c5\u5f62<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">\u6839\u636e\u7b2c255\/2026\/N\u0110-CP\u53f7\u6cd5\u4ee4\u7b2c16\u6761\u7b2c3\u6b3e\u7684\u89c4\u5b9a\uff0c\u8be5\u6b3e\u7b2ca\u9879\u6240\u89c4\u5b9a\u7684\u53ef\u6263\u9664\u5229\u606f\u652f\u51fa\u603b\u989d\u4e0a\u9650\uff0c\u9002\u7528\u4e8e\u5b58\u5728\u5173\u8054\u4ea4\u6613\u4e14\u5c5e\u4e8e\u8be5\u6cd5\u4ee4\u8c03\u6574\u8303\u56f4\u7684\u4f01\u4e1a\u3002.<\/p>\n<p>\u7136\u800c\uff0c\u7b2c16\u6761\u7b2c3\u6b3ea\u9879\u7684\u89c4\u5b9a\u4e0d\u9002\u7528\u4e8e\u7b2c16\u6761\u7b2c3\u6b3ec\u9879\u6240\u5217\u60c5\u5f62\u4e0b\u7684\u8d37\u6b3e\uff0c\u5305\u62ec\uff1a<\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u7eb3\u7a0e\u4eba\u4f5c\u4e3a\u300a\u7b2c32\/2024\/QH15\u53f7\u4fe1\u7528\u673a\u6784\u6cd5\u300b\uff08\u7ecf\u7b2c96\/2025\/QH15\u53f7\u6cd5\u5f8b\u4fee\u8ba2\u3001\u8865\u5145\uff09\u6240\u89c4\u5b9a\u7684\u4fe1\u7528\u673a\u6784\u6240\u83b7\u5f97\u7684\u8d37\u6b3e\uff1b;<\/li>\n<li aria-level=\"1\">\u6839\u636e\u300a\u4fdd\u9669\u7ecf\u8425\u6cd5\u300b\uff08\u7b2c08\/2022\/QH15\u53f7\uff09\u89c4\u5b9a\uff0c\u5e76\u7ecf\u7b2c139\/2025\/QH15\u53f7\u6cd5\u5f8b\u4fee\u8ba2\u548c\u8865\u5145\uff0c\u4fdd\u9669\u7ecf\u8425\u673a\u6784\u7684\u8d37\u6b3e\uff1b;<\/li>\n<li aria-level=\"1\">\u5b98\u65b9\u53d1\u5c55\u63f4\u52a9 (ODA) \u8d37\u6b3e\u548c\u4f18\u60e0\u653f\u5e9c\u8d37\u6b3e\u662f\u901a\u8fc7\u653f\u5e9c\u4ece\u5916\u56fd\u501f\u6b3e\uff0c\u7136\u540e\u653e\u8d37\u7ed9\u4f01\u4e1a\u7684\u65b9\u5f0f\u6765\u5b9e\u65bd\u7684\u3002;<\/li>\n<li aria-level=\"1\">\u7528\u4e8e\u5b9e\u65bd\u56fd\u5bb6\u91cd\u70b9\u9879\u76ee\u7684\u8d37\u6b3e\uff0c\u5305\u62ec\u65b0\u519c\u6751\u5efa\u8bbe\u9879\u76ee\u548c\u53ef\u6301\u7eed\u51cf\u8d2b\u9879\u76ee\uff1b;<\/li>\n<li aria-level=\"1\">\u7528\u4e8e\u5b9e\u65bd\u56fd\u5bb6\u793e\u4f1a\u798f\u5229\u653f\u7b56\u7684\u8ba1\u5212\u548c\u9879\u76ee\u7684\u8d37\u6b3e\uff0c\u5305\u62ec\u5b89\u7f6e\u4f4f\u623f\u3001\u5de5\u4eba\u4f4f\u623f\u3001\u5b66\u751f\u4f4f\u623f\u3001\u793e\u4f1a\u4f4f\u623f\u4ee5\u53ca\u5176\u4ed6\u516c\u5171\u798f\u5229\u9879\u76ee\u3002.<\/li>\n<\/ul>\n<p>\u56e0\u6b64\uff0c\u5728\u786e\u5b9a\u53ef\u6263\u9664\u7684\u5229\u606f\u8d39\u7528\u65f6\uff0c\u4f01\u4e1a\u9700\u5728\u8ba1\u7b97\u4e0d\u53ef\u6263\u9664\u7684\u5229\u606f\u8d39\u7528\u4e4b\u524d\uff0c\u5148\u786e\u5b9a\u8be5\u7b14\u8d37\u6b3e\u662f\u5426\u5c5e\u4e8e\u300a\u7b2c16\u6761\u7b2c3\u6b3ec\u9879\u300b\u4e2d\u4e0d\u9002\u7528\u201c30%\u201d\u9650\u5236\u7684\u60c5\u5f62\u3002.<\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Cach_tinh_chi_phi_lai_vay_khong_duoc_tru_trong_ky_Buoc_nen_truoc_khi_chuyen_sang_ky_sau\"><\/span><b>\u672c\u671f\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u8ba1\u7b97\u65b9\u6cd5\uff1a\u7ed3\u8f6c\u81f3\u4e0b\u671f\u524d\u7684\u51c6\u5907\u5de5\u4f5c<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<figure id=\"attachment_4168\" aria-describedby=\"caption-attachment-4168\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4168\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Cach-tinh-chi-phi-lai-vay-khong-duoc-tru-trong-ky.jpg\" alt=\"C\u00e1ch t\u00ednh chi ph\u00ed l\u00e3i vay kh\u00f4ng \u0111\u01b0\u1ee3c tr\u1eeb trong k\u1ef3\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Cach-tinh-chi-phi-lai-vay-khong-duoc-tru-trong-ky.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Cach-tinh-chi-phi-lai-vay-khong-duoc-tru-trong-ky-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Cach-tinh-chi-phi-lai-vay-khong-duoc-tru-trong-ky-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Cach-tinh-chi-phi-lai-vay-khong-duoc-tru-trong-ky-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Cach-tinh-chi-phi-lai-vay-khong-duoc-tru-trong-ky-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4168\" class=\"wp-caption-text\">\u672c\u671f\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u7684\u8ba1\u7b97\u65b9\u6cd5<\/figcaption><\/figure>\n<p style=\"text-align: justify;\">\u6839\u636e\u7b2c255\/2026\/N\u0110-CP\u53f7\u6cd5\u4ee4\u7b2c16\u6761\u7b2c3\u6b3e\uff0c \u5b58\u5728\u5173\u8054\u4ea4\u6613\u7684\u4f01\u4e1a\uff0c\u5e94\u6839\u636e\u5f53\u671f\u7ecf\u8425\u6d3b\u52a8\u51c0\u5229\u6da6\u603b\u989d\u52a0\u4e0a\u5f53\u671f\u53d1\u751f\u7684\u501f\u6b3e\u5229\u606f\uff08\u6263\u9664\u5f53\u671f\u4ea7\u751f\u7684\u5b58\u6b3e\u5229\u606f\u548c\u8d37\u6b3e\u5229\u606f\u540e\uff09\u53ca\u5f53\u671f\u53d1\u751f\u7684\u6298\u65e7\u8d39\u7528\u768430%\u6bd4\u4f8b\uff0c\u786e\u5b9a\u53ef\u62b5\u6263\u7684\u501f\u6b3e\u5229\u606f\u8d39\u7528\u3002.<\/p>\n<p>\u786e\u5b9a\u7a0b\u5e8f\u53ef\u6982\u62ec\u5982\u4e0b\uff1a<\/p>\n<h4 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Buoc_1_Xac_dinh_chi_phi_lai_vay_thuan\"><\/span><b>\u7b2c\u4e00\u6b65\uff1a\u786e\u5b9a\u51c0\u5229\u606f\u652f\u51fa\u3002<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u8ba1\u7b97\u51c0\u5229\u606f\u652f\u51fa\u7684\u516c\u5f0f\u5982\u4e0b\uff1a<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">\u51c0\u5229\u606f\u652f\u51fa = \u672c\u671f\u53d1\u751f\u7684\u5229\u606f\u652f\u51fa\u603b\u989d \u2013 \uff08\u672c\u671f\u4ea7\u751f\u7684\u5b58\u6b3e\u5229\u606f + \u672c\u671f\u4ea7\u751f\u7684\u8d37\u6b3e\u5229\u606f\uff09<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h4 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Buoc_2_Xac_dinh_EBITDA_theo_thue\"><\/span><b>\u6b65\u9aa42\uff1a\u8ba1\u7b97\u7a0e\u524d\u606f\u7a0e\u6298\u65e7\u53ca\u644a\u9500\u524d\u5229\u6da6\uff08EBITDA\uff09<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u6309\u7a0e\u540e\u8ba1\u7b97EBITDA\u7684\u65b9\u6cd5\u5982\u4e0b\uff1a<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">\u7a0e\u524dEBITDA = \u7ecf\u8425\u51c0\u6536\u76ca + \u51c0\u5229\u606f\u652f\u51fa + \u5f53\u671f\u6298\u65e7\u8d39\u7528<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>\u7b14\u8bb0\uff1a<\/p>\n<ul>\n<li>\u7ecf\u8425\u6d3b\u52a8\u4ea7\u751f\u7684\u51c0\u5229\u6da6\u5c1a\u672a\u5305\u542b\u5176\u4ed6\u6536\u5165\u548c\u5176\u4ed6\u6298\u65e7\u8d39\u7528\u3002\u5982\u679c\u4f01\u4e1a\u5b58\u5728\u5927\u989d\u5176\u4ed6\u6536\u5165\uff08\u4f8b\u5982\u8d44\u4ea7\u6e05\u7b97\u6536\u76ca\uff09\uff0c\u5176\u7a0e\u524dEBITDA\u5c06\u663e\u8457\u4f4e\u4e8e\u6839\u636e\u7a0e\u524d\u5229\u6da6\u8ba1\u7b97\u7684EBITDA\u3002.<\/li>\n<\/ul>\n<h4 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Buoc_3_Xac_dinh_nguong_30\"><\/span><b>\u6b65\u9aa43\uff1a\u786e\u5b9a30%\u9608\u503c<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u6263\u9664\u95e8\u69db\uff1a<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">\u53ef\u6263\u9664\u989d\u5ea6 = 30% \u00d7 \u5e94\u7a0eEBITDA<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h4 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Buoc_4_Chi_phi_lai_vay_khong_duoc_tru_ky_hien_tai\"><\/span><b>\u7b2c4\u6b65\uff1a\u672c\u671f\u4e0d\u5f97\u6263\u9664\u7684\u5229\u606f\u8d39\u7528<\/b><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u8981\u786e\u5b9a\u672c\u671f\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\uff1a<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">\u672c\u671f\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528 = \u51c0\u5229\u606f\u8d39\u7528  \u2013 \u53ef\u62b5\u6263\u9650\u989d<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><b>\u7b14\u8bb0\uff1a<\/b><span style=\"font-weight: 400;\"> \u5982\u679c\u7ed3\u679c\u5c0f\u4e8e\u6216\u7b49\u4e8e0\uff0c\u5219\u5168\u90e8\u5229\u606f\u5747\u53ef\u6263\u9664\uff0c\u4e14\u65e0\u7ed3\u8f6c\u90e8\u5206<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u7a0e\u524d\u606f\u7a0e\u6298\u65e7\u53ca\u644a\u9500\u524d\u5229\u6da6\uff08EBITDA\uff09\u4e0e\u4f1a\u8ba1\u610f\u4e49\u4e0a\u7684EBITDA\u5e76\u4e0d\u4e00\u81f4\u3002\u8fd9\u4e24\u4e2a\u6570\u5b57\u53ef\u80fd\u5b58\u5728\u663e\u8457\u5dee\u5f02\uff0c\u539f\u56e0\u5305\u62ec\uff1a\u00a0<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u6839\u636e\u7b2c45\/2013\u53f7\u901a\u544a\uff08\u56fd\u5bb6\u6298\u65e7\u6807\u51c6\uff09\u9002\u7528\u7684\u7a0e\u52a1\u6298\u65e7\uff0c\u4e0e\u6839\u636e\u56fd\u9645\u4f1a\u8ba1\u51c6\u5219\uff08IAS\uff09\/\u56fd\u9645\u8d22\u52a1\u62a5\u544a\u51c6\u5219\uff08IFRS\uff09\u6216\u4f01\u4e1a\u5185\u90e8\u653f\u7b56\u8ba1\u7b97\u7684\u4f1a\u8ba1\u6298\u65e7\u4e0d\u540c<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u5bfc\u81f4\u5e94\u7a0e\u6536\u5165\u589e\u52a0\u6216\u51cf\u5c11\u7684\u8c03\u6574\u9879\u76ee\uff08\u4e0d\u5408\u7406\u7684\u8d39\u7528\u3001\u514d\u7a0e\u6536\u5165\u7b49\uff09\u4f1a\u4f7f\u7a0e\u52a1\u4e0a\u7684\u7a0e\u524d\u5229\u6da6\u4e0e\u4f1a\u8ba1\u4e0a\u7684\u5229\u6da6\u4ea7\u751f\u5dee\u5f02<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u8d44\u672c\u5316\u4e3a\u5728\u5efa\u56fa\u5b9a\u8d44\u4ea7\u7684\u501f\u6b3e\u5229\u606f\u4e0d\u8ba1\u5165\u51c0\u5229\u606f\u8d39\u7528\uff0c\u4f46\u5fc5\u987b\u4e0e\u6574\u4e2a\u8d22\u52a1\u62a5\u8868\u4e2d\u7684\u5904\u7406\u65b9\u6cd5\u4fdd\u6301\u4e00\u81f4\u3002.<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Nhung_sai_lam_pho_bien_khi_xac_dinh_EBITDA_theo_thue\"><\/span><b>\u6309\u7a0e\u540e\u8ba1\u7b97EBITDA\u65f6\u7684\u5e38\u89c1\u9519\u8bef<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u6839\u636e\u5b9e\u9645\u54a8\u8be2\u7ecf\u9a8c\uff0c\u6700\u5e38\u51fa\u73b0\u7684\u9519\u8bef\u6709\u4e09\u79cd\uff1a<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u5c06\u5de5\u5177\u548c\u8bbe\u5907\u7684\u5206\u644a\u8d39\u7528\u9519\u8bef\u5730\u8ba1\u5165\u4e86\u6298\u65e7\u90e8\u5206\u3002\u8fd9\u4e0d\u5c5e\u4e8e\u56fa\u5b9a\u8d44\u4ea7\u6298\u65e7\uff0c\u56e0\u6b64\u4e0d\u5f97\u8ba1\u5165\u7a0e\u52a1\u4e0a\u7684EBITDA\u3002.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u672a\u5bf9\u5728\u5efa\u56fa\u5b9a\u8d44\u4ea7\u7684\u8d44\u672c\u5316\u501f\u6b3e\u5229\u606f\u8fdb\u884c\u8c03\u6574\uff0c\u5bfc\u81f4\u51c0\u5229\u606f\u8d39\u7528\u88ab\u4f4e\u4f30\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u76f4\u63a5\u91c7\u7528\u7ecf\u5ba1\u8ba1\u7684\u8d22\u52a1\u62a5\u8868\u4e2d\u7684EBITDA\u6570\u636e\uff0c\u800c\u4e0d\u6839\u636e\u7a0e\u52a1\u6570\u636e\u91cd\u65b0\u8ba1\u7b97\u3002\u8fd9\u4e24\u4e2a\u6570\u5b57\u53ef\u80fd\u4f1a\u5b58\u5728\u5f88\u5927\u5dee\u5f02\u3002.<\/span><\/li>\n<li aria-level=\"1\">\u7528\u7a0e\u524d\u5229\u6da6\u4ee3\u66ff\u7ecf\u8425\u6d3b\u52a8\u51c0\u5229\u6da6\u3002.<\/li>\n<li aria-level=\"1\">\u9664\u4e86\u5b58\u6b3e\u5229\u606f\u5916\uff0c\u8d37\u6b3e\u5229\u606f\u867d\u8ba1\u5165\u5229\u606f\u652f\u51fa\uff0c\u4f46\u5408\u5e76\u5229\u606f\u652f\u51fa\u5374\u8ba1\u5165EBITDA\u3002.<\/li>\n<\/ul>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Chi_phi_lai_vay_khong_duoc_tru_chuyen_sang_ky_sau_Co_che_05_nam_hoat_dong_nhu_the_nao\"><\/span><b>\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u95f4\uff1a5\u5e74\u673a\u5236\u5982\u4f55\u8fd0\u4f5c\uff1f<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_5273\" aria-describedby=\"caption-attachment-5273\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-5273\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/Chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-1.jpg\" alt=\"Chi ph\u00ed l\u00e3i vay kh\u00f4ng \u0111\u01b0\u1ee3c tr\u1eeb chuy\u1ec3n sang k\u1ef3 sau theo Ngh\u1ecb \u0111\u1ecbnh 255\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/Chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-1.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/Chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-1-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/Chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-1-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/Chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-1-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/Chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-1-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-5273\" class=\"wp-caption-text\">\u6839\u636e\u7b2c255\u53f7\u6cd5\u4ee4\uff0c\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u4e0d\u5f97\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u201c\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u201d\u673a\u5236\u65e8\u5728\u907f\u514d\u4f01\u4e1a\u5728\u53d7\u5546\u4e1a\u5468\u671f\u56e0\u7d20\u5f71\u54cd\u5bfc\u81f4EBITDA\u8f83\u4f4e\u7684\u5e74\u4efd\u906d\u53d7\u4e0d\u516c\u5e73\u5904\u7f5a\u3002\u7136\u800c\uff0c\u8be5\u673a\u5236\u9644\u5e26\u4e25\u683c\u7684\u6761\u4ef6\u548c\u65f6\u95f4\u9650\u5236\u3002.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u671f\u8f6c\u673a\u5236\u7684\u8fd0\u4f5c\u539f\u5219\u5982\u4e0b\uff1a<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u6700\u957f5\u5e74\u671f\u9650\uff1aN\u671f\u5185\u65e0\u6cd5\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u5c06\u7ed3\u8f6c\u81f3N+1\u3001N+2\u3001N+3\u3001N+4\u548cN+5\u671f\u3002\u82e5\u5230\u7b2c5\u5e74\u672b\u4ecd\u672a\u7528\u5b8c\uff0c\u5219\u6c38\u4e45\u5931\u6548\uff0c\u65e0\u4f8b\u5916\u3002.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u4e0b\u671f\u53ef\u62b5\u6263\u7684\u6761\u4ef6\uff1a\u7ed3\u8f6c\u90e8\u5206\u4ec5\u5728\u4e0b\u671f\u4ea7\u751f\u53ef\u62b5\u6263\u7684\u51c0\u5229\u606f\u8d39\u7528\u65f6\u65b9\u53ef\u62b5\u6263 <strong>\u964d\u4f4e<\/strong> \u8be5\u671f\u95f4\u768430% EBITDA\u9608\u503c\u3002\u53ef\u6263\u9664\u7684\u6700\u9ad8\u91d1\u989d\u7b49\u4e8e\u5269\u4f59\u5dee\u989d\u3002.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">FIFO\u539f\u5219\uff1a\u6309\u53d1\u751f\u5e74\u5ea6\u5206\u522b\u6838\u7b97\uff1a\u4e0d\u53ef\u62b5\u6263\u7684\u8d37\u6b3e\u5229\u606f\u8d39\u7528\uff0c\u51765\u5e74\u65f6\u9650\u5e94\u9488\u5bf9\u6bcf\u4e2a\u53d1\u751f\u5e74\u5ea6\u5206\u522b\u8ba1\u7b97\u3002 \u8be5\u6cd5\u4ee4\u672a\u89c4\u5b9a\u4f7f\u7528\u987a\u5e8f\uff0c\u4f46\u5728\u5b9e\u9645\u64cd\u4f5c\u4e2d\uff0c\u4f01\u4e1a\u5e94\u4f18\u5148\u4f7f\u7528\u8f83\u65e9\u53d1\u751f\u7684\u91d1\u989d\uff08\u9075\u5faaFIFO\u539f\u5219\uff09\uff0c\u4ee5\u907f\u514d\u65e7\u4f59\u989d\u8fc7\u671f\u3002.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u4e0d\u6eaf\u53ca\u65e2\u5f80\uff1a\u4e00\u65e6\u7533\u62a5\u4e86\u67d0\u4e00\u671f\uff0c\u5c31\u4e0d\u5f97\u5bf9\u5df2\u7f34\u7a0e\u7684\u671f\u8fdb\u884c\u8ffd\u6eaf\u8c03\u6574\u3002\u6240\u6709\u5904\u7406\u53ea\u80fd\u5411\u524d\u63a8\u8fdb\u3002.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400; font-family: arial, helvetica, sans-serif;\">\u4ecd\u987b\u7b26\u5408\u9002\u7528\u6761\u4ef6\uff1a\u8be5\u671f\u95f4\u5fc5\u987b\u53d1\u751f\u5173\u8054\u65b9\u4ea4\u6613\uff1a\u7b2cb\u70b9\u4ec5\u5141\u8bb8\u5728\u6839\u636e\u7b2ca\u70b9\u786e\u5b9a\u53ef\u6263\u9664\u7684\u5229\u606f\u8d39\u7528\u603b\u989d\u540e\u8fdb\u884c\u7ed3\u8f6c\u3002\u8be5\u786e\u5b9a\u89c4\u5219\u4ec5\u9002\u7528\u4e8e\u8be5\u671f\u95f4\u5185\u53d1\u751f\u5173\u8054\u65b9\u4ea4\u6613\u7684\u4f01\u4e1a\u3002 \u82e5\u5f53\u671f\u672a\u53d1\u751f\u5173\u8054\u4ea4\u6613\uff0c\u5219\u4e0d\u5f97\u5c06\u4e0a\u4e00\u671f\u7684\u7ed3\u8f6c\u91d1\u989d\u8ba1\u5165\u6263\u9664\u8303\u56f4\uff0c\u800c5\u5e74\u7684\u671f\u9650\u4ecd <strong>\u7ee7\u7eed\u4e0d\u95f4\u65ad\u5730\u8fd0\u884c<\/strong>.<\/span><\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Dieu_gi_xay_ra_khi_het_han_5_nam_ma_chi_phi_lai_vay_khong_duoc_tru_chua_dung_het\"><\/span><b>\u5982\u679c5\u5e74\u671f\u9650\u5c4a\u6ee1\u65f6\uff0c\u5c1a\u672a\u7528\u5b8c\u7684\u672a\u6263\u9664\u5229\u606f\u8d39\u7528\u8be5\u600e\u4e48\u529e\uff1f<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u5269\u4f59\u90e8\u5206\u5c06\u6c38\u4e45\u635f\u5931\u3002\u6ca1\u6709\u9000\u7a0e\u673a\u5236\uff0c\u6ca1\u6709\u8865\u5145\u8c03\u6574\uff0c\u4e5f\u6ca1\u6709\u4f8b\u5916\u3002\u8fd9\u662f\u8bb8\u591a\u4f01\u4e1a\u5728\u5236\u5b9a\u957f\u671f\u8d22\u52a1\u8ba1\u5212\u65f6\u5e38\u88ab\u5ffd\u89c6\u7684\u4e00\u70b9\u3002.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>\u4f8b\u5982\uff1a <\/b><span style=\"font-weight: 400;\">\u67d0\u4f01\u4e1a\u6709500\u4ebf\u8d8a\u5357\u76fe\u7684\u4e0d\u53ef\u62b5\u6263\u5229\u606f\u8d39\u7528\u81ea2021\u5e74\u8d77\u4e0d\u5f97\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\uff0c\u4f462022\u5e74\u81f32025\u5e74\u671f\u95f4EBITDA\u59cb\u7ec8\u504f\u4f4e\u30022026\u5e74\u662f\u7ed3\u8f6c\u671f\u9650\u7684\u6700\u540e\u4e00\u5e74\u3002 \u5982\u679c\u52302026\u5e74\u4ecd\u65e0\u7ed3\u8f6c\u7a7a\u95f4\uff0c\u8fd950 t\u1ef7 \u0111\u1ed3ng\u5c06\u5168\u90e8\u6210\u4e3a\u6c38\u4e45\u6027\u4e0d\u53ef\u62b5\u6263\u8d39\u7528\uff0c\u76f8\u5f53\u4e8e\u5b9e\u9645\u9700\u989d\u5916\u7f34\u7eb3\u7684\u4f01\u4e1a\u6240\u5f97\u7a0e\u9ad8\u8fbe10 t\u1ef7 \u0111\u1ed3ng\uff08\u630920%\u7a0e\u7387\u8ba1\u7b97\uff09\u3002.\u00a0<\/span><\/p>\n<p style=\"text-align: justify;\"><b>\u91cd\u8981\u63d0\u793a\uff1a <\/b><span style=\"font-weight: 400;\">\u5982\u679c\u4e0d\u8ddf\u8e2a\u548c\u89c4\u5212\u7ed3\u8f6c\u673a\u5236\uff0c\u4f01\u4e1a\u53ef\u80fd\u57285\u5e74\u671f\u9650\u5c4a\u6ee1\u65f6\u5c1a\u672a\u7528\u5b8c\u7ed3\u8f6c\u4f59\u989d\uff0c\u4ece\u800c\u5bfc\u81f4\u6bcf\u5e74\u9700\u7f34\u7eb3\u7684\u4f01\u696d\u6240\u5f97\u7a05\u589e\u52a0\u3002.\u00a0<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Case_study_thuc_te_ve_chi_phi_lai_vay_khong_duoc_tru_chuyen_sang_ky_sau\"><\/span><b>\u5173\u4e8e\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u95f4\u7684\u5b9e\u9645\u6848\u4f8b\u7814\u7a76<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u4e3a\u4e86\u6df1\u5165\u4e86\u89e3\u201c\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u95f4\u201d\u5728\u5b9e\u9645\u64cd\u4f5c\u4e2d\u7684\u8fd0\u4f5c\u673a\u5236\uff0c\u8ba9\u6211\u4eec\u4e0eMAN\u2014\u2014Master Accountant Network\u4e00\u8d77\u5206\u6790\u4e09\u4e2a\u590d\u6742\u7a0b\u5ea6\u9010\u6e10\u589e\u52a0\u7684\u6848\u4f8b\u3002.<\/span><\/p>\n<p style=\"text-align: justify;\"><b>\u60c5\u51b51<\/b><span style=\"font-weight: 400;\">\uff1aABC\u4f01\u4e1a\u57282026\u7eb3\u7a0e\u5e74\u5ea6\u53ca\u76f8\u5e94\u76842027\u81f32031\u5e74\u8fc7\u6e21\u5e74\u5ea6\u7684\u5404\u9879\u6307\u6807\u5982\u4e0b\uff08\u5355\u4f4d\uff1a\u5341\u4ebf\u8d8a\u5357\u76fe\uff09\uff1a<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000; height: 560px;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px;\"><b>\u6307\u6570<\/b><\/td>\n<td style=\"text-align: center; height: 56px;\"><b>\u4ef7\u503c<\/b><\/td>\n<td style=\"text-align: center; height: 56px;\"><b>\u7b14\u8bb0<\/b><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u5229\u606f\u603b\u652f\u51fa<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">50<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u5305\u62ec\u5173\u8054\u65b9\u548c\u975e\u5173\u8054\u65b9\u7684\u8d37\u6b3e\u5229\u606f<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u5229\u606f\u6536\u5165\u00a0<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">5<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u5b58\u6b3e\u548c\u8d37\u6b3e\u5229\u606f<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u51c0\u5229\u606f\u652f\u51fa<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">45<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u5229\u606f\u652f\u51fa\u603b\u989d \u2013 \u5229\u606f\u6536\u5165<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u7a0e\u524d\u5229\u6da6<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">40<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u51c0\u8425\u4e1a\u5229\u6da6<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u56fa\u5b9a\u8d44\u4ea7\u6298\u65e7<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">15<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u6839\u636e\u7b2c45\/2013\/TT-BTC\u53f7\u901a\u544a\u7684\u89c4\u5b9a<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u7a0e\u540e EBITDA<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">100<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u7a0e\u524d\u5229\u6da6 + \u51c0\u5229\u606f\u652f\u51fa + \u6298\u65e7<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">30% EBITDA \u9608\u503c\u00a0<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">30<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">30% x 100<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u5f53\u671f\u6263\u9664<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">30<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u4e0d\u8d85\u8fc7\u9608\u503c<\/span><\/td>\n<\/tr>\n<tr style=\"height: 56px;\">\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u4e0d\u5f97\u6263\u9664\u5e76\u7ed3\u8f6c\u81f3\u4e0b\u671f<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">15<\/span><\/td>\n<td style=\"text-align: center; height: 56px;\"><span style=\"font-weight: 400;\">\u51c0\u5229\u606f\u652f\u51fa\u2014\u201430% EBITDA\u9608\u503c\uff0c\u63a8\u8fdf\u81f32024\u5e74\u81f32028\u5e74<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Truong_hop_2_Chuyen_ky_qua_nhieu_nam_voi_EBITDA_bien_dong\"><\/span><b>\u60c5\u51b52\uff1a\u8de8\u5e74\u5ea6\u7ed3\u8f6c\u4e14EBITDA\u6ce2\u52a8<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u5047\u8bbe\u4ece2023\u5e74\u8d77\u6709150\u4ebf\u8d8a\u5357\u76fe\u88ab\u7ed3\u8f6c\u3002\u7531\u4e8e\u5e02\u573a\u72b6\u51b5\u7684\u5f71\u54cd\uff0c\u540e\u7eed\u5404\u5e74\u7684EBITDA\u4f1a\u51fa\u73b0\u6ce2\u52a8\uff1a<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td style=\"width: 10.1202%; text-align: center;\"><b>\u671f\u00a0<\/b><\/td>\n<td style=\"width: 20.0401%; text-align: center;\"><b>\u4ea7\u751f\u7684\u51c0\u5229\u606f\u6536\u5165<\/b><\/td>\n<td style=\"width: 15.9319%; text-align: center;\"><b>\u7a0e\u540e EBITDA<\/b><\/td>\n<td style=\"width: 12.5251%; text-align: center;\"><b>30%\u95e8\u69db<\/b><\/td>\n<td style=\"width: 7.81563%; text-align: center;\"><b>\u5269\u4f59<\/b><\/td>\n<td style=\"width: 17.8357%; text-align: center;\"><b>\u53ef\u6263\u9664\u7684\u8f6c\u8d26\u91d1\u989d<\/b><\/td>\n<td style=\"width: 14.1283%; text-align: center;\"><b>\u4f59\u8f6c\u63a5<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 10.1202%; text-align: center;\"><span style=\"font-weight: 400;\">2026\uff08\u539f\u6587\uff09<\/span><\/td>\n<td style=\"width: 20.0401%; text-align: center;\"><span style=\"font-weight: 400;\">45<\/span><\/td>\n<td style=\"width: 15.9319%; text-align: center;\"><span style=\"font-weight: 400;\">100<\/span><\/td>\n<td style=\"width: 12.5251%; text-align: center;\"><span style=\"font-weight: 400;\">30<\/span><\/td>\n<td style=\"width: 7.81563%; text-align: center;\"><\/td>\n<td style=\"width: 17.8357%; text-align: center;\"><\/td>\n<td style=\"width: 14.1283%; text-align: center;\"><span style=\"font-weight: 400;\">15\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 10.1202%; text-align: center;\"><span style=\"font-weight: 400;\">2027<\/span><\/td>\n<td style=\"width: 20.0401%; text-align: center;\"><span style=\"font-weight: 400;\">20<\/span><\/td>\n<td style=\"width: 15.9319%; text-align: center;\"><span style=\"font-weight: 400;\">120<\/span><\/td>\n<td style=\"width: 12.5251%; text-align: center;\"><span style=\"font-weight: 400;\">36\u00a0<\/span><\/td>\n<td style=\"width: 7.81563%; text-align: center;\"><span style=\"font-weight: 400;\">16<\/span><\/td>\n<td style=\"width: 17.8357%; text-align: center;\"><span style=\"font-weight: 400;\">15\uff08\u5b8c\uff09<\/span><\/td>\n<td style=\"width: 14.1283%; text-align: center;\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width: 10.1202%; text-align: center;\"><span style=\"font-weight: 400;\">2028<\/span><\/td>\n<td style=\"width: 20.0401%; text-align: center;\"><\/td>\n<td style=\"width: 15.9319%; text-align: center;\"><\/td>\n<td style=\"width: 12.5251%; text-align: center;\"><\/td>\n<td style=\"width: 7.81563%; text-align: center;\"><\/td>\n<td style=\"width: 17.8357%; text-align: center;\"><span style=\"font-weight: 400;\">0\u00a0<\/span><\/td>\n<td style=\"width: 14.1283%; text-align: center;\"><span style=\"font-weight: 400;\">0\uff08\u5df2\u552e\u7f44\uff09<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u5728\u6b64\u793a\u4f8b\u4e2d\uff0c2027\u5e74\u7684\u51c0\u5229\u606f\u652f\u51fa\u4ec5\u4e3a200\u4ebf\uff0c\u800c30% EBITDA\u7684\u95e8\u69db\u4e3a360\u4ebf\uff0c\u5373\u5c1a\u6709160\u4ebf\u8d8a\u5357\u76fe\u7684\u76c8\u4f59\u3002 \u5168\u90e815 t\u1ef7\u7684\u7ed3\u8f6c\u91d1\u989d\u5df2\u4e8e2024\u5e74\u5168\u989d\u62b5\u6263\uff0c\u65e0\u9700\u8fdb\u4e00\u6b65\u7ed3\u8f6c\u3002.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Truong_hop_3_Rui_ro_het_han_05_nam\"><\/span><b>\u60c5\u51b53\uff1a5\u5e74\u671f\u5230\u671f\u98ce\u9669<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u5047\u8bbe\u4e00\u5bb6\u623f\u5730\u4ea7\u4f01\u4e1a\u57282021\u5e74\u4ea7\u751f\u4e86300\u4ebf\u8d8a\u5357\u76fe\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u652f\u51fa\uff0c\u6839\u636e\u7b2c132\/2020\/N\u0110-CP\u53f7\u653f\u4ee4\u3002 \u7ed3\u8f6c\u671f\u9650\u81ea2022\u5e74\u8d77\u8fde\u7eed\u8ba1\u7b97\uff0c\u56e0\u6b642026\u5e74\u7eb3\u7a0e\u671f\u662f\u53ef\u4f7f\u7528\u7684\u6700\u540e\u4e00\u4e2a\u7eb3\u7a0e\u671f\uff0c\u800c\u8be5\u7eb3\u7a0e\u671f\u5df2\u5c5e\u4e8e\u7b2c255\/2026\/N\u0110-CP\u53f7\u6cd5\u4ee4\u7684\u9002\u7528\u8303\u56f4\u3002 \u7531\u4e8e2022\u5e74\u81f32025\u5e74\u5e02\u573a\u4f4e\u8ff7\uff0c\u6bcf\u5e74EBITDA\u4ec5\u591f\u62b5\u6263\u65b0\u4ea7\u751f\u7684\u5229\u606f\u652f\u51fa\u3002\u82e52026\u5e74\u4ecd\u65e0\u7ed3\u8f6c\u7a7a\u95f4\uff0c\u8fd930 t\u1ef7 \u0111\u1ed3ng\u5c06\u65e0\u6cd5\u62b5\u6263\uff0c\u76f8\u5f53\u4e8e\u9700\u989d\u5916\u7f34\u7eb36 t\u1ef7 \u0111\u1ed3ng\u4f01\u4e1a\u6240\u5f97\u7a0e\u3002 \u5bf9\u4e8e2026\u5e74\u524d\u5404\u671f\u4ea7\u751f\u7684\u7ed3\u4f59\uff0c\u4f01\u4e1a\u9700\u5bf9\u7167\u7b2c255\/2026\/N\u0110-CP\u53f7\u6cd5\u4ee4\u7684\u8fc7\u6e21\u6027\u6761\u6b3e\uff0c\u5e76\u54a8\u8be2\u76f4\u63a5\u7ba1\u8f96\u7684\u7a0e\u52a1\u673a\u5173\u3002.<\/span><\/p>\n<blockquote><p><b>\u53c2\u89c1\uff1a<\/b> <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/cach-tinh-chi-phi-lai-vay-duoc-tru\/\"><strong>\u6839\u636e\u7b2c255\/2026\/N\u0110-CP\u53f7\u6cd5\u4ee4\u8ba1\u7b97\u53ef\u62b5\u6263\u7684\u5229\u606f\u652f\u51fa\u7684\u65b9\u6cd5<\/strong><\/a><\/span><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Ke_khai_chi_phi_lai_vay_khong_duoc_tru_chuyen_sang_ky_sau_tren_ho_so_thue_nhu_the_nao\"><\/span><b>\u5982\u4f55\u5728\u7eb3\u7a0e\u7533\u62a5\u8868\u4e2d\u7533\u62a5\u65e0\u6cd5\u62b5\u6263\u4e14\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u7684\u8d37\u6b3e\u5229\u606f\u8d39\u7528\uff1f<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u6b63\u786e\u7533\u62a5\u662f\u7a0e\u52a1\u673a\u5173\u8ba4\u53ef\u7ed3\u8f6c\u989d\u7684\u5148\u51b3\u6761\u4ef6\u3002\u7533\u62a5\u4e2d\u7684\u9519\u8bef\u53ef\u80fd\u5bfc\u81f4\u7a0e\u52a1\u673a\u5173\u62d2\u7edd\u5168\u90e8\u7ed3\u8f6c\uff0c\u5373\u4f7f\u4f01\u4e1a\u5728\u6570\u636e\u65b9\u9762\u5b8c\u5168\u7b26\u5408\u6761\u4ef6\u3002.<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u968f\u7b2c255\/2026\/N\u0110-CP\u53f7\u6cd5\u4ee4\u9881\u5e03\u7684\u9644\u5f55I\uff0c\u5e94\u7531\u5b58\u5728\u5173\u8054\u4ea4\u6613\u7684\u4f01\u4e1a\u968f\u5e74\u5ea6\u4f01\u4e1a\u6240\u5f97\u7a0e\u51b3\u7b97\u7533\u62a5\u8868\u4e00\u5e76\u63d0\u4ea4\u3002.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u5229\u606f\u8d39\u7528\u7533\u62a5\u90e8\u5206\uff1a\u987b\u660e\u786e\u5217\u660e\u5f53\u671f\u51c0\u5229\u606f\u8d39\u7528\u603b\u989d\u3001\u6309\u7a0e\u6cd5\u8ba1\u7b97\u7684EBITDA\u300130%\u9608\u503c\uff0c\u4ee5\u53ca\u5f53\u671f\u53ef\u62b5\u6263\u548c\u4e0d\u53ef\u62b5\u6263\u7684\u90e8\u5206\u3002.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u671f\u521d\u4f59\u989d\uff1a\u7533\u62a5\u4ece\u5404\u524d\u671f\uff08\u6309\u539f\u59cb\u5e74\u5ea6\uff09\u7ed3\u8f6c\u7684\u4f59\u989d\u3001\u672c\u671f\u4ece\u5404\u5e74\u5ea6\u671f\u521d\u4f59\u989d\u4e2d\u6263\u9664\u7684\u91d1\u989d\uff0c\u4ee5\u53ca\u7ed3\u8f6c\u81f3\u4e0b\u671f\u7684\u4f59\u989d\u3002.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">\u6bcf\u5e74\u4ea7\u751f\u7684\u91d1\u989d\u5e94\u5355\u72ec\u8bb0\u5f55\u548c\u7533\u62a5\uff0c\u4ee5\u4fbf\u4e0e5\u5e74\u671f\u9650\u8fdb\u884c\u6838\u5bf9\uff1aN\u5e74\u524d\u7684\u91d1\u989d\u5fc5\u987b\u5728N+1\u5e74\u548cN+2\u5e74\u4e4b\u524d\u7533\u62a5\u6263\u9664\u3002<\/span><\/li>\n<\/ul>\n<blockquote><p><strong>\u53c2\u89c1\uff1a <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ke-khai-giao-dich-lien-ket-tren-htkk\/\">\u5173\u4e8e\u5728 HTKK \u4e0a\u7533\u62a5\u5173\u8054\u65b9\u4ea4\u6613\u7684\u8bf4\u660e\u3002.<\/a><\/span><\/strong><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Rui_ro_nao_khien_doanh_nghiep_mat_quyen_su_dung_chi_phi_lai_vay_khong_duoc_tru_chuyen_sang_ky_sau\"><\/span><b>\u54ea\u4e9b\u98ce\u9669\u4f1a\u5bfc\u81f4\u4f01\u4e1a\u4e27\u5931\u5c06\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u95f4\u7684\u6743\u5229\uff1f<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_4169\" aria-describedby=\"caption-attachment-4169\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-4169\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Rui-ro-khien-doanh-nghiep-mat-quyen-su-dung-chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau.jpg\" alt=\"R\u1ee7i ro khi\u1ebfn doanh nghi\u1ec7p m\u1ea5t quy\u1ec1n s\u1eed d\u1ee5ng chi ph\u00ed l\u00e3i vay kh\u00f4ng \u0111\u01b0\u1ee3c tr\u1eeb chuy\u1ec3n sang k\u1ef3 sau\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Rui-ro-khien-doanh-nghiep-mat-quyen-su-dung-chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Rui-ro-khien-doanh-nghiep-mat-quyen-su-dung-chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Rui-ro-khien-doanh-nghiep-mat-quyen-su-dung-chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Rui-ro-khien-doanh-nghiep-mat-quyen-su-dung-chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/05\/Rui-ro-khien-doanh-nghiep-mat-quyen-su-dung-chi-phi-lai-vay-khong-duoc-tru-chuyen-sang-ky-sau-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-4169\" class=\"wp-caption-text\">\u5bfc\u81f4\u4f01\u4e1a\u4e27\u5931\u5229\u606f\u8d39\u7528\u4e0d\u53ef\u62b5\u6263\u7684\u6743\u5229\u7684\u98ce\u9669\u5c06\u8f6c\u81f3\u4e0b\u4e00\u671f<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u5b9e\u9645\u60c5\u51b5\u8868\u660e\uff0c\u8bb8\u591a\u4f01\u4e1a\u867d\u7136\u4e86\u89e3\u76f8\u5173\u89c4\u5b9a\uff0c\u4f46\u4ecd\u56e0\u8fd0\u8425\u98ce\u9669\u800c\u9519\u5931\u4e86\u7ed3\u8f6c\u671f\u5185\u7684\u6743\u76ca\u3002\u4ee5\u4e0b\u662f\u56db\u79cd\u6700\u5e38\u89c1\u7684\u98ce\u9669\u53ca\u5176\u9632\u8303\u63aa\u65bd\u3002.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Theo_doi_sai_nguyen_tac_FIFO\"><\/span><b>\u672a\u6309FIFO\u539f\u5219\u8fdb\u884c\u76d8\u70b9<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u5f53\u591a\u4e2a\u5e74\u5ea6\u7684\u7ed3\u8f6c\u91d1\u989d\u540c\u65f6\u5b58\u5728\u65f6\uff08\u4f8b\u59822021\u5e74\u30012022\u5e74\u30012023\u5e74\u7684\u7ed3\u8f6c\u91d1\u989d\uff09\uff0c\u4f01\u4e1a\u6709\u65f6\u4f1a\u9519\u8bef\u5730\u7533\u62a5\u987a\u5e8f\uff0c\u5148\u4f7f\u75282023\u5e74\u7684\u7f16\u53f7\uff0c\u800c\u540e\u624d\u4f7f\u75282021\u5e74\u7684\u7f16\u53f7\u3002 \u5b9e\u9645\u98ce\u9669\u5728\u4e8e\uff1a\u65e7\u5e74\u5ea6\u7684\u4f59\u989d\u6709\u6548\u671f\u4e3a5\u5e74\uff0c\u800c\u8be5\u4f59\u989d\u7684\u7ed3\u8f6c\u7a7a\u95f4\u5df2\u88ab\u7528\u4e8e\u8f83\u65b0\u5e74\u5ea6\u7684\u4f59\u989d\u3002.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"EBITDA_ky_sau_giam_manh\"><\/span><b>\u4e0b\u4e00\u671f\u7684EBITDA\u5927\u5e45\u4e0b\u964d<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u5728\u5468\u671f\u6027\u8f83\u5f3a\u7684\u884c\u4e1a\uff08\u623f\u5730\u4ea7\u3001\u5efa\u7b51\u3001\u5927\u989d\u8ba2\u5355\u751f\u4ea7\uff09\uff0c\u5f53\u5e02\u573a\u4f4e\u8ff7\u65f6\uff0cEBITDA\u53ef\u80fd\u4e0b\u964d50\u201370%\u3002 \u5c4a\u65f6\uff0c\u4e0d\u4ec5\u65e0\u6cd5\u6ee1\u8db3\u7ed3\u8f6c\u6761\u4ef6\uff0c\u751a\u81f3\u5f53\u671f\u4ea7\u751f\u7684\u65b0\u51c0\u5229\u606f\u8d39\u7528\u4e5f\u53ef\u80fd\u8d85\u8fc730%\u7684\u95e8\u69db\uff0c\u4ece\u800c\u4ea7\u751f\u65b0\u7684\u7ed3\u8f6c\u4f59\u989d\uff0c\u52a0\u5267\u65f6\u95f4\u538b\u529b\u3002.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Tai_co_cau_lam_mat_dieu_kien_giao_dich_lien_ket\"><\/span><b>\u91cd\u7ec4\u5bfc\u81f4\u5173\u8054\u4ea4\u6613\u6761\u4ef6\u4e0d\u590d\u5b58\u5728<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u5f53\u96c6\u56e2\u8fdb\u884c\u91cd\u7ec4\u3001\u5206\u62c6\u4f01\u4e1a\u6216\u53d8\u66f4\u6240\u6709\u6743\u7ed3\u6784\uff0c\u5bfc\u81f4\u4f01\u4e1a\u5728\u4e0b\u4e00\u4f1a\u8ba1\u671f\u95f4\u4e0d\u518d\u4e0e\u4efb\u4f55\u5355\u4f4d\u6784\u6210\u5173\u8054\u65b9\u65f6\uff0c \u8be5\u4f01\u4e1a\u4e0d\u5c5e\u4e8e\u7b2c255\/2026\/N\u0110-CP\u53f7\u6cd5\u4ee4\u7b2c16\u6761\u7b2c3\u6b3e\u7684\u9002\u7528\u8303\u56f4\uff0c\u56e0\u6b64\u4e0d\u5f97\u5c06\u4e0a\u4e00\u671f\u95f4\u7684\u7ed3\u8f6c\u91d1\u989d\u8ba1\u5165\u6263\u9664\u989d\u3002 5\u5e74\u671f\u9650\u4e0d\u6682\u505c\u8ba1\u7b97\uff1a\u65e0\u5173\u8054\u4ea4\u6613\u7684\u671f\u95f4\u4ecd\u8ba1\u5165\u8be5\u671f\u9650\u3002\u56e0\u6b64\uff0c\u5728\u51b3\u5b9a\u7ed3\u6e05\u5173\u8054\u8d37\u6b3e\u6216\u8fdb\u884c\u6240\u6709\u6743\u91cd\u7ec4\u65f6\uff0c\u9700\u7efc\u5408\u8003\u8651\u6b63\u5728\u8ddf\u8e2a\u7684\u7ed3\u8f6c\u4f59\u989d\u3002.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Sai_sot_trong_xac_dinh_chi_phi_lai_vay_thuan\"><\/span><b>\u5728\u786e\u5b9a\u51c0\u5229\u606f\u8d39\u7528\u65f6\u7684\u9519\u8bef<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u8d44\u672c\u5316\u4e3a\u5728\u5efa\u56fa\u5b9a\u8d44\u4ea7\u7684\u5229\u606f \uff08\u6839\u636eVAS 16\uff09\u4e0d\u5f97\u8ba1\u5165\u635f\u76ca\u8868\u4e2d\u7684\u5229\u606f\u8d39\u7528\uff0c\u4f46\u90e8\u5206\u4f01\u4e1a\u5728\u8ba1\u7b97\u201c30%\u201d\u9608\u503c\u65f6\u4ecd\u8bef\u5c06\u5176\u8ba1\u5165\u51c0\u5229\u606f\u8d39\u7528\uff0c\u5bfc\u81f4\u53ef\u62b5\u6263\u91d1\u989d\u88ab\u4f4e\u4f30\uff0c\u5e76\u4ea7\u751f\u4e86\u672c\u4e0d\u5fc5\u8981\u7684\u7ed3\u8f6c\u91d1\u989d\u3002.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u4e3a\u907f\u514d\u53ef\u80fd\u53d1\u751f\u7684\u9057\u61be\u98ce\u9669\uff0c\u4ece\u800c\u5f71\u54cd\u4f01\u4e1a\u7684\u8d22\u52a1\u72b6\u51b5\uff0c\u8d35\u516c\u53f8\u53ef\u53c2\u8003 <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/dich-vu-tu-van-giao-dich-lien-ket\/\">\u5173\u8054\u65b9\u4ea4\u6613\u54a8\u8be2\u670d\u52a1<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> \u5bfb\u6c42\u4e13\u4e1a\u3001\u4fe1\u8a89\u826f\u597d\u4e14\u7ecf\u9a8c\u4e30\u5bcc\u7684\u673a\u6784\u63d0\u4f9b\u652f\u6301\u4e0e\u534f\u52a9\u3002.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Ket_luan_va_khuyen_nghi\"><\/span><b>\u7ed3\u8bba\u548c\u5efa\u8bae<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u5173\u4e8e\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u4e0d\u5f97\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u7684\u89c4\u5b9a\uff0c\u662f\u8d8a\u5357\u53cd\u8f6c\u79fb\u5b9a\u4ef7\u4f53\u7cfb\u4e2d\u7684\u91cd\u8981\u6cd5\u5f8b\u4f9d\u636e\u3002\u6b63\u786e\u7406\u89e3\u5e76\u59a5\u5584\u5e94\u7528\u8be5\u89c4\u5b9a\uff0c\u4e0d\u4ec5\u6709\u52a9\u4e8e\u4f01\u4e1a\u5c65\u884c\u7eb3\u7a0e\u4e49\u52a1\uff0c\u8fd8\u80fd\u4ece\u957f\u8fdc\u6765\u770b\u4fdd\u62a4\u5176\u5408\u6cd5\u7684\u8d22\u52a1\u6743\u76ca\u3002.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u9700\u8981\u7262\u8bb0\u76844\u4e2a\u5173\u952e\u70b9\uff1a<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u57fa\u4e8e\u7a0e\u540eEBITDA\u8ba1\u7b97\u768430%\u9608\u503c\uff0c\u6e90\u81ea <strong>\u7ecf\u8425\u6d3b\u52a8\u4ea7\u751f\u7684\u51c0\u5229\u6da6<\/strong>, \uff0c\u800c\u5229\u606f\u652f\u51fa\u59cb\u7ec8\u662f <strong>\u7eaf\u7684<\/strong> \uff08\u5df2\u6263\u9664\u5b58\u6b3e\u5229\u606f\u548c\u8d37\u6b3e\u5229\u606f\uff09\u3002.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u4e0d\u53ef\u62b5\u6263\u7684\u90e8\u5206\u53ef\u5728\u4e0d\u8d85\u8fc75\u5e74\u7684\u8fde\u7eed\u671f\u95f4\u5185\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u95f4\uff0c\u4e14\u4ec5\u53ef\u5728\u53d1\u751f\u5173\u8054\u65b9\u4ea4\u6613\u7684\u671f\u95f4\u5185\u4f7f\u7528\u3002.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">5\u5e74\u671f\u9650\u5c4a\u6ee1\u540e\u82e5\u672a\u7528\u5b8c\uff0c\u5c06\u6c38\u4e45\u5931\u6548\u3002\u5373\u4f7f\u6ca1\u6709\u5173\u8054\u4ea4\u6613\uff0c\u8be5\u671f\u9650\u4ecd\u4f1a\u7ee7\u7eed\u8ba1\u7b97\u3002.<\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\">\u6309\u7167\u7b2c255\/2026\/N\u0110-CP\u53f7\u6cd5\u4ee4\u6240\u9644\u9644\u5f55\u5982\u5b9e\u7533\u62a5\uff0c\u8ddf\u8e2a\u5404\u5e74\u5ea6\u4ea7\u751f\u7684\u4f59\u989d\uff0c\u5e76\u5b8c\u6574\u4fdd\u5b58EBITDA\u8ba1\u7b97\u8868\uff0c\u662f\u4fdd\u969c\u6743\u76ca\u7684\u5fc5\u8981\u6761\u4ef6\u3002.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u4e3a\u4e86\u6700\u5927\u9650\u5ea6\u5730\u5229\u7528\u4e0d\u53ef\u62b5\u6263\u4e14\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u95f4\u7684\u5229\u606f\u652f\u51fa\u7684\u5f71\u54cd\uff0c\u4f01\u4e1a\u5e94\u4ece\u4ea7\u751f\u8be5\u4f59\u989d\u7684\u671f\u95f4\u5f00\u59cb\u5236\u5b9a\u4e94\u5e74\u8d22\u52a1\u8ba1\u5212\uff0c\u8bc4\u4f30\u672a\u6765EBITDA\u7684\u5438\u6536\u80fd\u529b\uff0c\u5e76\u8003\u8651\u8c03\u6574\u8d44\u672c\u7ed3\u6784\u6216\u6295\u8d44\u65f6\u673a\uff0c\u4ee5\u5728\u540e\u7eed\u671f\u95f4\u6700\u5927\u9650\u5ea6\u5730\u5229\u7528\u53ef\u7528\u989d\u5ea6\u3002.<\/span><\/p>\n<p style=\"text-align: justify;\"><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/lien-he\/\">\u8054\u7cfb MAN \u2013 \u4f1a\u8ba1\u5e08\u5927\u5e08\u7f51\u7edc<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> \u514d\u8d39\u63d0\u4f9b\u652f\u6301\u548c\u5efa\u8bae\uff01<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\"><\/span><b>\u8054\u7cfb\u4fe1\u606f MAN \u2013 \u4f1a\u8ba1\u5e08\u5927\u5e08\u7f51\u7edc<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u5730\u5740\uff1a<\/b><span style=\"font-weight: 400;\"> \u80e1\u5fd7\u660e\u5e02\u65b0\u987a\u533a 43 \u8857 19A \u53f7<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u624b\u673a\/Zalo\uff1a<\/b><span style=\"font-weight: 400;\"> 0903 963 163 \u2013 0903 428 622<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u7535\u5b50\u90ae\u4ef6\uff1a<\/b><span style=\"font-weight: 400;\"> man@man.net.vn<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Google\u5546\u5bb6\u4fe1\u606f\uff1a<\/b> <strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/share.google\/EmihzHg354pCASC9k\" rel=\"nofollow noopener\" target=\"_blank\">\u67e5\u770b MAN \u2013 Master Accountant Network \u7684 Google \u5546\u5bb6\u8d44\u6599\u00a0<\/a><\/span><\/strong><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>LinkedIn\u521b\u59cb\u4eba\uff1a<\/b> <a href=\"https:\/\/www.linkedin.com\/in\/tuy%C3%AAn-l%C3%AA-ho%C3%A0ng-65292aa0\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\"><strong><span style=\"color: #0000ff;\">\u67e5\u770b\u4e13\u5bb6 Le Hoang Tuyen \u7684 LinkedIn \u4e2a\u4eba\u8d44\u6599\u3002<\/span><\/strong>\u00a0<\/span><\/a><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">\u8d1f\u8d23\u5236\u4f5c\u548c\u4e13\u4e1a\u5185\u5bb9\u5ba1\u6838\uff1a\u5148\u751f <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" rel=\"nofollow noopener\" target=\"_blank\">\u9ece\u9ec4\u5ba3 \u2013 MAN \u2013 \u9ad8\u7ea7\u4f1a\u8ba1\u5e08\u7f51\u7edc\u521b\u59cb\u4eba\u517c\u9996\u5e2d\u6267\u884c\u5b98<\/a><\/span><\/strong><span style=\"font-weight: 400;\">. \u4ed6\u662f\u8d8a\u5357\u6ce8\u518c\u4f1a\u8ba1\u5e08\uff0c\u62e5\u6709\u8d85\u8fc7 30 \u5e74\u7684\u4f1a\u8ba1\u3001\u5ba1\u8ba1\u3001\u7a0e\u52a1\u548c\u516c\u53f8\u6cd5\u5f8b\u54a8\u8be2\u65b9\u9762\u7684\u4e30\u5bcc\u7ecf\u9a8c\u3002.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Cau_hoi_thuong_gap_ve_chi_phi_lai_vay_khong_duoc_tru_chuyen_sang_ky_sau\"><\/span><b>\u5173\u4e8e\u4e0d\u53ef\u62b5\u6263\u7684\u5229\u606f\u8d39\u7528\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u95f4\u7684\u5e38\u89c1\u95ee\u9898<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Chi_phi_lai_vay_khong_duoc_tru_chuyen_sang_ky_sau_co_ap_dung_cho_chi_nhanh_khong\"><\/span><b>\u65e0\u6cd5\u62b5\u6263\u5e76\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u7684\u5229\u606f\u8d39\u7528\u662f\u5426\u4e5f\u9002\u7528\u4e8e\u5206\u652f\u673a\u6784\uff1f<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">\u9644\u5c5e\u4f1a\u8ba1\u5206\u652f\u673a\u6784\u4e0e\u603b\u90e8\u5171\u540c\u7533\u62a5\u4f01\u4e1a\u6240\u5f97\u7a0e\uff0c\u56e0\u6b64\u51c0\u5229\u606f\u8d39\u7528\u548cEBITDA\u6570\u636e\u5728\u6cd5\u4eba\u5c42\u9762\uff08\u603b\u90e8\uff09\u8fdb\u884c\u6c47\u603b\u3002 \u5177\u6709\u72ec\u7acb\u7a0e\u52a1\u7f16\u53f7\u7684\u72ec\u7acb\u6838\u7b97\u5206\u652f\u673a\u6784\u5219\u9700\u5355\u72ec\u7533\u62a5\uff0c\u5e76\u6839\u636e\u8be5\u6cd5\u4eba\u5b9e\u4f53\u7684\u8303\u56f4\uff0c\u5355\u72ec\u9002\u7528\u5173\u4e8e\u4e0d\u53ef\u62b5\u6263\u5229\u606f\u8d39\u7528\u4e0d\u5f97\u7ed3\u8f6c\u81f3\u4e0b\u4e00\u671f\u95f4\u7684\u89c4\u5b9a\u3002.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Neu_doanh_nghiep_giai_the_truoc_khi_het_5_nam_so_du_chuyen_ky_xu_ly_the_nao\"><\/span><b>\u5982\u679c\u4f01\u4e1a\u57285\u5e74\u671f\u6ee1\u524d\u89e3\u6563\uff0c\u7ed3\u8f6c\u4f59\u989d\u5e94\u5982\u4f55\u5904\u7406\uff1f<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">\u4f01\u4e1a\u89e3\u6563\u65f6\uff0c\u6240\u6709\u7a0e\u52a1\u7ed3\u7b97\u5747\u5e94\u5728\u89e3\u6563\u5f53\u671f\u5b8c\u6210\u3002\u672a\u7528\u5b8c\u7684\u7ed3\u8f6c\u4f59\u989d\u5c06\u65e0\u6cd5\u62b5\u6263\uff0c\u8fd9\u4e0e5\u5e74\u671f\u9650\u5c4a\u6ee1\u7684\u60c5\u51b5\u76f8\u540c\u3002 \u76ee\u524d\u5c1a\u65e0\u89c4\u5b9a\u5141\u8bb8\u5728\u5408\u5e76\u6216\u6574\u5e76\u7684\u60c5\u51b5\u4e0b\u7ee7\u627f\u7ed3\u8f6c\u4f59\u989d\uff0c\u56e0\u6b64\u5728\u5236\u5b9a\u6d89\u53ca\u6301\u6709\u6b64\u7c7b\u4f59\u989d\u7684\u5b9e\u4f53\u7684\u5e76\u8d2d\u8ba1\u5212\u65f6\uff0c\u9700\u8c28\u614e\u884c\u4e8b\u3002.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Chi_phi_lai_vay_chuyen_ky_co_can_ke_khai_rieng_hay_gop_chung\"><\/span><b>\u7ed3\u8f6c\u81f3\u4e0b\u671f\u7684\u5229\u606f\u8d39\u7528\u9700\u8981\u5355\u72ec\u7533\u62a5\u8fd8\u662f\u5408\u5e76\u7533\u62a5\uff1f<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">\u5fc5\u987b\u5728\u300a\u4f01\u4e1a\u6240\u5f97\u7a0e\u9644\u886802\u300b\u4e2d\u6309\u5404\u53d1\u751f\u5e74\u5ea6\u5206\u522b\u7533\u62a5\u3002\u4e0d\u5f97\u5c06\u6240\u6709\u7ed3\u8f6c\u91d1\u989d\u5408\u5e76\u5230\u540c\u4e00\u884c\uff0c\u56e0\u4e3a\u7a0e\u52a1\u673a\u5173\u9700\u8981\u6838\u5bf9\u6bcf\u7b14\u4f59\u989d\u76845\u5e74\u671f\u9650\u3002.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"Doanh_nghiep_ky_thoa_thuan_APA_co_bi_anh_huong_boi_quy_dinh_nay_khong\"><\/span><b>\u7b7e\u7f72APA\u534f\u8bae\u7684\u4f01\u4e1a\u662f\u5426\u4f1a\u53d7\u5230\u8be5\u89c4\u5b9a\u7684\u5f71\u54cd\uff1f<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">\u7b2c255\/2026\/N\u0110-CP\u53f7\u6cd5\u4ee4\u7b2c16\u6761\u7b2c3\u6b3ec\u9879\u672a\u5c06\u62e5\u6709\u9884\u5148\u5b9a\u4ef7\u534f\u8bae\uff08APA\uff09\u7684\u4f01\u4e1a\u5217\u5165\u4e0d\u9002\u752830%\u95e8\u69db\u7684\u60c5\u51b5\u3002 \u56e0\u6b64\uff0c\u4f01\u4e1a\u4e0d\u5e94\u9ed8\u8ba4\u53ea\u8981\u7b7e\u8ba2\u4e86APA\u5c31\u80fd\u83b7\u5f97\u8c41\u514d\uff0c\u800c\u5e94\u5bf9\u7167\u5df2\u7b7e\u7f72\u7684APA\u4e2d\u7684\u4ea4\u6613\u8303\u56f4\uff0c\u5e76\u54a8\u8be2\u7a0e\u52a1\u673a\u5173\u3002.\u00a0<\/span><\/p>\n<p><b>\u7b2c255\/2026\/N\u0110-CP\u53f7\u6cd5\u4ee4\u662f\u5426\u8c03\u6574\u4e8630%\u7684\u95e8\u69db\u548c5\u5e74\u7684\u8f6c\u6362\u671f\u9650\uff1f<\/b><\/p>\n<p><span style=\"font-weight: 400;\">\u4e0d\u3002\u7b2c255\/2026\/N\u0110-CP\u53f7\u6cd5\u4ee4\u7ef4\u6301\u4e8630%\u7684\u95e8\u69db\uff0c\u5e76\u5c06\u4e0d\u53ef\u62b5\u6263\u7684\u8d37\u6b3e\u5229\u606f\u8d39\u7528\u53d1\u751f\u5e74\u5ea6\u6b21\u5e74\u8d77\u8fde\u7eed\u7ed3\u8f6c\u7684\u671f\u9650\u9650\u5b9a\u4e3a\u4e0d\u8d85\u8fc75\u5e74\u3002 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Ph\u1ea7n chi ph\u00ed kh\u00f4ng \u0111\u01b0\u1ee3c tr\u1eeb c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c chuy\u1ec3n sang k\u1ef3 t\u00ednh thu\u1ebf ti\u1ebfp theo n\u1ebfu \u0111\u00e1p \u1ee9ng \u0111i\u1ec1u ki\u1ec7n. T\u1eeb ng\u00e0y 01\/07\/2026, vi\u1ec7c x\u00e1c [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":5265,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/posts\/4163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/comments?post=4163"}],"version-history":[{"count":11,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/posts\/4163\/revisions"}],"predecessor-version":[{"id":5285,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/posts\/4163\/revisions\/5285"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/media\/5265"}],"wp:attachment":[{"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/media?parent=4163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/categories?post=4163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/tags?post=4163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}