Audit fees for a financial statement audit in Vietnam depend mainly on company size and on whether the company is foreign-owned (FDI) or a Vietnamese trading, manufacturing or construction business. This guide sets out DAVA's indicative fee table, explains what drives the price, and converts the FDI fees into Australian, New Zealand and Singapore dollars so you can budget before requesting a quote.
What do audit fees in Vietnam cover?
Audit fees normally cover planning, testing and reconciling the accounting records and vouchers within the agreed scope, and issuing the audit report. Work outside that scope, such as additional audit work for several subsidiaries or rebuilding incomplete records, should be agreed and written into the engagement contract before it begins.
When does a company need a financial statement audit?
Companies that fall within the statutory audit requirement must complete an audit each year. Many foreign-owned companies also need audited reports to reconcile with their parent group, and many banks ask for audited statements when they assess a loan. For an Australian, New Zealand or Singapore group, the parent may require an audited Vietnamese subsidiary report even where the local law does not. Check the group reporting requirements before comparing quotes.
How fees are agreed
There is no fixed national fee that applies to every company. Fees are agreed in the engagement contract and reflect the scope and the risk of the engagement. A low quote with an unclear scope can lead to higher costs later, so compare quotes on the same scope and the same reporting framework.
What drives the cost
- Company size, as set out in the fee table.
- FDI or Vietnamese company status, because the reconciliation with a parent company's reporting differs.
- The number of subsidiaries, branches or projects in scope.
- The state of the records: complete, reconciled records reduce time and cost.
- The number of related-party and other unusual transactions.
- Any need to report under a framework other than Vietnamese Accounting Standards.
- Urgent deadlines, which usually increase cost.
How the engagement works at DAVA
- Brief and indicative quote: you tell us the company type, size, industry and deadline.
- Engagement contract: we agree the scope, reporting framework, fee and timetable in writing.
- Audit planning: we identify risks and material items and send the document list.
- Fieldwork: we test and reconcile the records and work with your accounting team.
- Results and report: we discuss findings and exceptions with management, then issue the audit report.
Timing
Timing depends on size and the quality of the records. A company with complete, reconciled records usually finishes much faster than one that must rebuild its ledgers. Share your deadline when you first contact us so our team can plan staffing.
Documents to prepare
- Business registration certificate, charter and any changes during the financial year
- Balance sheet, income statement, cash flow statement and notes
- General ledger, trial balance and detailed receivables and payables ledgers
- Major contracts, loan agreements and related-party transactions for the year
- Board or shareholder minutes and resolutions
- The parent company's financial statements, for a foreign-owned company that needs reconciliation
Indicative fee table
Biểu phí chỉ mang tính tham khảo, tượng trưng. Phí thực tế tùy hồ sơ, vị trí và số lượng tài sản. Vui lòng liên hệ để được báo phí tốt nhất.
In English: these are indicative fees only. Actual fees depend on the file, the location and the number of assets. Please contact us for the best quote.
| Company size (VND) | FDI, all sectors (VND million) | Vietnamese trading, manufacturing and construction companies (VND million) |
|---|---|---|
| Up to 10 billion | 10 | 10 |
| Over 10–20 billion | 15 | 20 |
| Over 20–30 billion | 20 | 20 |
| Over 30–40 billion | 25 | 25 |
| Over 40–50 billion | 30 | 25 |
| Over 50–70 billion | 35 | 30 |
| Over 70–100 billion | 35–40 | 35 |
| Over 100–150 billion | by agreement | 40 |
| Over 150–200 billion | by agreement | 50 |
Note: real estate businesses do not use the Vietnamese column. Please contact us for a separate quote.
FDI fees in AUD, NZD and SGD
Approximate, based on rates around 4 November 2026. These conversions use mid-market rates from public converters (about 17,920 VND per AUD, 14,500 VND per NZD and 20,110 VND per SGD). Bank and transfer rates will be lower, and NZD sources vary.
| Company size (VND) | FDI fee (VND million) | Approx. AUD | Approx. NZD | Approx. SGD |
|---|---|---|---|---|
| Up to 10 billion | 10 | 560 | 690 | 500 |
| Over 10–20 billion | 15 | 840 | 1,030 | 750 |
| Over 20–30 billion | 20 | 1,120 | 1,380 | 990 |
| Over 30–40 billion | 25 | 1,400 | 1,720 | 1,240 |
Contact DAVA for advice and a quote:
- Hotline/Zalo: 0945 009 002 · 0906 915 002 · 028 6674 3333
- Email: voan.sgg@gmail.com
- Zalo OA: https://zalo.me/4259407728989141071
- WhatsApp (Australian clients, Qualified AU Pty Ltd): +61 451 710 342
Vietnam vs Australia, New Zealand and Singapore
The table below compares the points that matter when a Vietnamese audit is shared with a parent group or an overseas lender.
| Criteria | Vietnam | Australia | New Zealand | Singapore |
|---|---|---|---|---|
| Who signs the audit report | Auditor holding a Vietnamese auditor certificate and practising registration, working for a licensed audit firm | Registered Company Auditor (RCA) registered with ASIC, where the audit requires one | Licensed auditor under the Auditor Regulation Act 2011, for audits of FMC reporting entities | Public accountant registered with ACRA for statutory audit |
| Regulator or licensing body | Ministry of Finance | ASIC | Licences issued through accredited bodies; the FMA licenses overseas auditors | ACRA |
| Accounting standards | Vietnamese Accounting Standards (VAS) | AASB standards, designed to match IFRS for for-profit entities | NZ IFRS, fully converged with IFRS Standards | SFRS(I), IFRS-based standards |
| Fees and timing | See the indicative table above | Varies; request a quote | Varies; request a quote | Varies; request a quote |
| Key legal point | Set by the Law on Independent Audit and Ministry of Finance guidance | Corporations Act 2001 and ASIC Regulatory Guide 180 set auditor registration rules | Scope depends on whether the entity is an FMC reporting entity | Small private companies may be exempt from statutory audit if they meet ACRA criteria |
Vietnamese statutory accounts follow VAS, which is not identical to IFRS. Australian, New Zealand and Singapore groups usually report under IFRS-based standards. When a Vietnamese subsidiary is consolidated into the group, a reconciliation or conversion from VAS to the group framework is commonly needed. We can include this in the audit scope on request, so the group pack is built from the same reviewed records.
Common situations
A newly formed foreign-owned company
A new company usually has few transactions, but it needs accounting records set up correctly from the start. Costs can be lower if the records are simple, although reconciliation with the parent may add work.
A Vietnamese company with old receivables
Unreconciled receivables and payables usually increase time and fees. Reviewing balances before sending records can reduce the extra cost.
A company that needs a report for a bank
A bank may ask for audited statements together with collateral documents. In that case, our guide to special purpose audits for bank loans, tenders and M&A explains when a purpose-specific report is needed.
Where we work
DAVA has offices in Ho Chi Minh City, Hanoi and Da Nang, and can work on site at your premises. For companies in Ho Chi Minh City and Binh Duong, see our guide to audit services in Ho Chi Minh City and Binh Duong.
Why choose DAVA?
Dinh Gia AV (DAVA) operates under Công ty TNHH Hãng Định Giá và Kiểm Toán Châu Á – AAVC. We have more than 15 years of experience in valuing real estate, businesses and machinery and equipment, with licensed valuers on the team. DAVA has performed valuations for courts, state agencies, banks and businesses, so we understand what different users of a report need. Where an audit and an asset valuation are both needed, you can work with one contact team.
Frequently asked questions
How much does an audit of financial statements cost in Vietnam?
There is no single price. The indicative table shows fees by company size and by FDI or Vietnamese company type. For an accurate figure, send us your company details and we will provide a quote.
Are audit fees higher for foreign-owned companies?
Not always. In the indicative table, the FDI column is higher in some size bands and lower in others. Scope, and the need to reconcile with a parent company report, are the main drivers.
What is included in the fee?
The fee covers the audit work within the scope set out in the engagement letter and the issue of the audit report. Work outside that scope should be agreed in writing.
Do small companies need an audit in Vietnam?
That depends on the legal requirements that apply to the company type and its circumstances. Check your position before deciding, or ask for advice.
How long does a financial statement audit take?
It depends on size, the complexity of the records and how quickly documents are supplied. Complete, reconciled records usually shorten the timeline.
Do I also need a valuation of assets?
Not in every case. If the purpose involves the value of assets, such as a capital contribution or a mortgage, a separate valuation report is needed.
Conclusion
Audit fees depend on company size, company type and scope. The indicative table and conversions help you budget, but the firm price is set only after we review your records and your brief. Send us your company details and we will prepare a quote.
Contact DAVA for advice and a quote:
- Hotline/Zalo: 0945 009 002 · 0906 915 002 · 028 6674 3333
- Email: voan.sgg@gmail.com
- Zalo OA: https://zalo.me/4259407728989141071
- WhatsApp (Australian clients, Qualified AU Pty Ltd): +61 451 710 342
How DAVA supports foreign companies and expats in Vietnam
DAVA works with foreign-owned companies, expatriate founders and overseas investors who need audit, valuation and documentation support in Vietnam. Engagement letters, reports and checklists can be prepared in English and Vietnamese, so your advisers in Australia, New Zealand or Singapore can review them easily. For Australian clients, you can reach us on WhatsApp at +61 451 710 342 (Qualified AU Pty Ltd) or by email at voan.sgg@gmail.com. Our team can work with you in English; documents can be prepared bilingually.
Sources
- XE: AUD to VND (mid-market, checked 4 November 2026)
- Pluang: AUD to VND
- Pluang: NZD to VND
- Currency.Wiki: NZD to VND
- Pluang: SGD to VND
- XE: SGD to VND
- CPA Australia: Auditor registration
- ASIC Regulatory Guide 180: Auditor registration
- New Zealand Auditor Regulation Act 2011
- IFRS Foundation: New Zealand jurisdictional profile
- AASB Staff Paper: Comparison of Standards for Smaller Entities (2018)
- ACRA: Audit exemptions
- Viet An Law: Individual auditor registration certificate (secondary guide)
