How can profit be remitted from Vietnam to other countries?
Profit remittance can be done following tax finalization, or when terminating the investment project in Vietnam, in cash or in kind, if the foreign-owned entity has not accumulated losses. Offshore remittance of profits in cash must comply with the laws on foreign exchange management; offshore remittance of profits in kind and conversion of their value must comply with the law on import and export of goods and other relevant laws. The relevant tax officer must be notified of the plan of profit remittance at least 7 working days before the scheduled transferring.
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