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...
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...
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...
