Vietnam Legal Documents Database

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Topic >> Foreign-Investment
  • fa-check-circle Official Letter No. 7686/BKHĐT-PC - Regarding transformation from FDI enterprise into 100% domestic enterprise ( 29-Oct-2018)
    According to Clause 5 Article 38 of Decree No. 118/2015/ND-CP, only project that is not executed under an investment registration certificate (exempt from Investment registration certificate) is exempt from procedures for change of investor. read more
  • fa-check-circle Official Letter No. 3429/GSQL-GQ2 - Regarding FDI enterprises’ import of goods ( 26-Oct-2018)
    Depending on purposes of import of goods, FDI enterprises shall comply with different regulations. read more
  • fa-check-circle Official Letter No. 6119/TCHQ-GSQL - FDI enterprises are allowable to sell imported goods to EPEs ( 18-Oct-2018)
    In case a company is an EPE that has the right to import and export, it shall be allowed to import goods to sell to EPEs and other enterprises in non-tariff zones. read more
  • fa-check-circle Official Letter No. 3849/TCT-HTQT - Regarding tax upon transfer of dividends from abroad to Vietnam ( 10-Oct-2018)
    According to Article 2 Article 10 of Circular No. 111/2013/TT-BTCfa-exclamation-circle , in case an individual being a resident in Vietnam participates in contributing capital to establish a company outside Vietnam, such individual shall be subject to tax on capital investment at the tax rate of 5%. read more
  • fa-check-circle Official Letter No. 5456/BTNMT-TCQLĐĐ - Issues relating to contribution of land use rights as capital in FDI enterprises ( 5-Oct-2018)
    This Official letter is to reply to issues relating the right to transfer land derived from contribution of land use rights as capital in case a foreign investor buys the whole domestic capital contributions to become an FDI enterprise. read more
  • fa-check-circle Official Letter No. 7948/BCT-PC - Regarding FDI enterprises’ import of pharmaceutical products ( 1-Oct-2018)
    According Clause 3 Article 3 of Decree No. 09/2018/ND-CP, in principle, if a foreign direct investment enterprise (FDI enterprise) has the right to import goods, it may import goods from foreign countries to Vietnam and sell them to traders that have the rights to distribute such goods. read more
  • fa-check-circle Official Letter No. 2829/GSQL-GQ2 - Regarding exportation right of FDI enterprises ( 12-Sep-2018)
    According to Clause 1 Article 7 of Decree No. 09/2018/ND-CP, an FDI enterprise already obtaining exportation right is entitled to export goods purchased in Vietnam; goods processed in Vietnam and goods legitimately imported into Vietnam. read more
  • fa-check-circle Official Letter No. 10100/BGTVT-VT - Regarding transport business of FDI enterprises ( 7-Sep-2018)
    Relating to the sector of transport business, under the WTO commitments, foreign investors are only permitted to engage in this sector through business cooperation contracts or joint-ventures with the capital contribution of foreign side not exceeding 49% and not exceeding 51% after 3 years from the date of accession. read more
  • fa-check-circle Official Letter No. 57077/CT-TTHT - Regarding offshore remittance of profits ( 15-Aug-2018)
    According to Article 4 of Circular No. 186/2010/TT-BTC, foreign investors are allowed to remit profits to their home countries provided that these conditions are met: they have completed financial obligations to the State of Vietnam, submitted audited financial statements and enterprise income tax finalization declarations and made notices on the profits remittance abroad before the profits remittance abroad is taken place. read more
  • fa-check-circle Official Letter No. 3065/TCT-KK - Regarding declaration and payment of withholding tax with regard to foreign traders without presence in Vietnam ( 9-Aug-2018)
    According to the regulations at Decree No. 90/2007/ND-CP, foreign traders that have no presence in Vietnam are still allowed to participate in trading goods under the right to import/export provided that they have to register to be issued with the Certificate of registration of right to export/import. read more
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