{"id":126,"date":"2012-10-04T00:00:00","date_gmt":"2012-10-04T00:00:00","guid":{"rendered":"https:\/\/trangwebvang.net\/lawpage\/2012\/10\/04\/transfer-abroad-of-capital-and-assets\/"},"modified":"2012-10-04T00:00:00","modified_gmt":"2012-10-04T00:00:00","slug":"transfer-abroad-of-capital-and-assets","status":"publish","type":"post","link":"https:\/\/lawpage.vn\/en\/transfer-abroad-of-capital-and-assets\/","title":{"rendered":"Transfer abroad of capital and assets"},"content":{"rendered":"<p><P><B><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\">Question<\/SPAN><\/B><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\">: How to transfer capital and assets abroad?<?xml:namespace prefix = o ns = \"urn:schemas-microsoft-com:office:office\" \/><o:p><\/o:p><\/SPAN><\/P><P><B><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\">Answer: <\/SPAN><\/B><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\"><o:p><\/o:p><\/SPAN><\/P><P><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\">1. After fulfilling their financial obligations toward the Vietnamese State, foreign investors may transfer abroad the following:<o:p><\/o:p><\/SPAN><\/P><P><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\">a) Profits gained from business activities;<o:p><\/o:p><\/SPAN><\/P><P><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\">b) Payments for the supply of techniques, services or intellectual property;<o:p><\/o:p><\/SPAN><\/P><P><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\">c) Principals and interests on foreign loans;<o:p><\/o:p><\/SPAN><\/P><P><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\">d) Investment capital and proceeds from liquidation of investments;<o:p><\/o:p><\/SPAN><\/P><P><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\">e) Other sums of money and assets under investors&#039; lawful ownership.<o:p><\/o:p><\/SPAN><\/P><P><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\">2. Foreigners working in Vietnam for investment projects may transfer abroad their lawful incomes after fulfilling their financial obligations toward the Vietnamese State.<o:p><\/o:p><\/SPAN><\/P><P><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\">3. The transfer abroad of the above sums of money shall be effected in freely convertible currencies at the exchange rates of commercial banks selected by investors.<o:p><\/o:p><\/SPAN><\/P><P><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\">4. Procedures for transfer abroad of money amounts related to investment activities shall comply with the provisions of foreign exchange management law.<o:p><\/o:p><\/SPAN><\/P><P style=\"MARGIN: 0in 0in 0pt\" class=MsoNormal><SPAN style=\"FONT-FAMILY: &#039;Tahoma&#039;,&#039;sans-serif&#039;; FONT-SIZE: 10pt\"><o:p>&nbsp;<\/o:p><\/SPAN><\/P><\/SPAN><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: How to transfer capital and assets abroad?Answer: 1. After fulfilling their financial obligations toward the Vietnamese State, foreign investors may transfer abroad the following:a) Profits gained from business activities;b) Payments for the supply of techniques, services or intellectual property;c) Principals and interests on foreign loans;d) Investment capital and proceeds from liquidation of investments;e) Other [&#8230;]\n","protected":false},"author":78,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-126","post","type-post","status-publish","format-standard","hentry","category-focus"],"_links":{"self":[{"href":"https:\/\/lawpage.vn\/en\/wp-json\/wp\/v2\/posts\/126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lawpage.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lawpage.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lawpage.vn\/en\/wp-json\/wp\/v2\/users\/78"}],"replies":[{"embeddable":true,"href":"https:\/\/lawpage.vn\/en\/wp-json\/wp\/v2\/comments?post=126"}],"version-history":[{"count":0,"href":"https:\/\/lawpage.vn\/en\/wp-json\/wp\/v2\/posts\/126\/revisions"}],"wp:attachment":[{"href":"https:\/\/lawpage.vn\/en\/wp-json\/wp\/v2\/media?parent=126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lawpage.vn\/en\/wp-json\/wp\/v2\/categories?post=126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lawpage.vn\/en\/wp-json\/wp\/v2\/tags?post=126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}