According to the provisions of Article 4 of Circular 186/2010/TT-BTC, foreign investors are allowed to transfer profits from investments in Vietnam to foreign countries after the end of the fiscal year or the end of investment activities. directly in Vietnam.
However, foreign investors are only allowed to repatriate profits after the enterprise in which the foreign investor participates in investment has fulfilled its financial obligations to the State of Vietnam and has submitted approved financial reports. Audited and submitted CIT finalization declaration to tax authorities and fully fulfilled tax obligations according to regulations.
Regarding procedures for confirming the fulfillment of tax obligations, comply with the provisions of Article 70 of Circular 80/2021/TT-BTC. Source: LuatVietnam.NET
