Strategic Tax Planning & Tax Risk Management for Businesses

Key Benefits of Annual Tax Planning

• Optimize 5% – 20% Corporate Income Tax (CIT) depending on industry
• Minimize non-deductible expenses
• Predict tax liabilities in advance
• Avoid year-end cash flow pressure
• Reduce exposure to tax penalties, late payment interest, and reassessments
• Ensure high level of tax compliance and transparency
• Transform accounting from compliance to strategic advisory
• Provide management with data-driven decision-making tools
• Tax is one of the largest business costs
• Effective tax planning directly improves profitability
• Standardized and transparent financial reporting
• Better positioning for FDI, investors, and business scaling

SCOPE OF WORK (Tax Planning Services)

Tax Health Check & Current Assessment

This is the foundation for an effective annual tax planning strategy

• Review accounting and tax records for the last 12 months
• Assess compliance with VAT, Corporate Income Tax (CIT), Personal Income Tax (PIT), and Withholding Tax
• Identify potential tax risks, non-deductible expenses, and incorrect revenue recognition
• Evaluate the current tax structure and tax exposure

Annual Tax Planning Strategy

• Forecast revenue, costs, and taxable profit
• Estimate tax liabilities by quarter and full fiscal year
• Develop multiple tax optimization scenarios, including:
  • Deductible expense optimization
  • Revenue and cost timing strategies
  • Contract structuring and invoicing planning
• Build a tax cash flow plan to manage payment obligations

Tax Optimization Structure Design

• Advise on operational models to minimize tax risks legally
• Recommend:
  • Contract structures (B2B, B2C, intercompany)
  • Pricing and discount policies
  • Payroll structure to optimize PIT and social insurance costs
• Provide guidance on transfer pricing (if applicable)

Tax Budgeting & KPI Framework

• Develop monthly and quarterly tax budgets
• Set up tax KPIs for accounting teams, including:
  • Deductible expense ratio
  • Filing accuracy rate
  • Tax risk indicators
• Integrate tax planning into financial management systems (profit & cash flow)

Implementation Roadmap & Internal Control

• Build a 12-month tax execution roadmap
• Provide monthly/quarterly tax checklist
• Establish internal tax control processes
• Train accounting teams to implement effectively

Periodic Tax Review & Advisory

• Conduct quarterly tax reviews:
  • Compare actual vs planned tax
  • Adjust tax strategies
• Provide ongoing tax advisory support
• Prepare for tax audits and inspections