Ability and conditions of profit remittance applied for investment fund in accordance with Vietnamese laws
Question: Hi, I have a question: Can the investment fund remit the profit back to their foreign investors (subject to fulfilment of all tax obligations in Vietnam)?
Answer: SB Law appreciate your interest in our legal consultant services. Regarding your question, we would like to advise you as follows:
In terms...
Set up a bank in Vietnam
Question:
We are essentially looking to enter Vietnam to offer retail banking services. We haven't yet decided on the entry mode and are open to all possible options ranging from 100% foreign owned bank, joint-venture bank or a foreign bank branch. We are not really sure on pros and...
Requirements applicable to business entities acting as currency exchange agents
Decree No. 89/2016/ND-CP on requirements applicable to business entities acting as currency exchange agents or providing foreign currency receipt and payment services is issued by the Government on July 01, 2015.
Accordingly, a business entity is entitled to act as a currency exchange agent only after it is issued with...
