Official 4480/TCT-CS transferring profits abroad

Official 4480/TCT-CS dated 10 October 2023, Korean investors are allowed to transfer profits abroad at the end of the fiscal year or at the end of direct investment activities in Vietnam after completing the financial obligations to the State of Vietnam in accordance with the law, and submitted audited financial statements and corporate income tax finalization declarations to the direct tax administration agency and fully fulfilled their obligations according to the Tax Administration regulations and current guiding documents

Confirmation of fulfillment of tax obligations according to the provisions of Article 70 in Circular No. 80/2021/TT-BTC dated 29 September 2021 of the Ministry of Finance

Please see attached letter for details: Cong van 4480TCT-CS chuyen loi nhuan ra nuoc ngoai