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...
FINTECH COMPANY IN VIETNAM
Question: Dear sirs, warm greetings! I am helping my friends (individual fintech investors) to setup a legal entity in Vietnam.
The business is about online microlending. Something similar to Cashwagon and Tima.vn. I couldn't find enough details about such type of activity in SBV's knowledge base or elsewhere.
Do you have...
10 days before termination ATMS service providers must inform the locality state bank
On December 28, 2018, the State Bank of Vietnam issues the Circular No. 44/2018/TT-NHNN on amendments and supplements to certain articles of the Circular No. 36/2012/TT-NHNN dated December 28, 2012 of State Bank’s Governor prescribing installation, management, operation and maintenance of safety for operations of automated teller machines.
- Within...
