Vu Phong Energy Group
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Commercial Management Services

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Coordinating with 3rd party to declare tax, monitor tax returns and use its reasonable efforts to ensure the compliance with applicable tax obligations. Providing information in preparation of annual financial statement and for filling of tax return; answering to tax audit from any tax authorities. Coordinating with auditors and local tax authority. Managing shareholder’s accounts. Conducting monthly or/and quarterly gap analysis both between targeted and budgeted revenues and between targeted and budgeted costs.

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Invoice & Payment Management

  • Billing administration.
  • Account payables administration.
  • Conducting monetary transactions as directed by and on behalf of the client, in accordance with the obligations and rights of the client’s agreements.
  • Managing company agreements and assets documents; commercial correspondence of client in relation to asset.

Insurance Management

  • Monitoring to make sure the asset is adequately insured at all time in:
  • Coordination with the client’s insurance advisor;
  • Other performance of the payments of insurance premiums in a timely manner;
  • Initiation of renewal of insurance policies if needed;
  • Notification of the client insurance coverage and validity status.
  • Notifying any arising claims under the insurance agreements to the relevant insurance company in coordination with the client’s insurance advisor.

Corporate Secretary

  • Shareholders’ meetings management.
  • Opening, registering and updating Company’s Charter
  • Preparing Resolution/Decision
  • Preparing other internal documents in light of the Company policy per Company’s request
  • Amending and updating ERC/IRC
  • Managing licenses, equipment warranty certification, legal permissions complied to ISO 9001 standard. – Coordinating with local government departments in accordance with laws.