TAX DECLARATION OBLIGATIONS OF FOREIGN INVESTORS WHEN TRANSFERRING CAPITAL IN A VIETNAMESE COMPANY
Question: We are a foreign company holding capital in a limited liability company (LLC) in Vietnam and are planning to transfer our contributed capital to another organization. However, we would like to clearly understand whether, in this case, the obligation to declare and pay taxes falls on the buyer or the seller. What are the […]
Procedure for transferring 100% capital contribution to a enterprise and Payment requirement via DICA account
Question: I am a Vietnamese, currently living in HCMC and being the owner of a limited liability company in Ho Chi Minh City. Now, I want to transfer 100% shares to a Singaporean enterprise. How will the payment for the transfer be made? Answer: 1. Opening an Investment Account According to the current foreign exchange management regulations in Vietnam, […]