On October 10, 2023, the General Department of Taxation issued Official Dispatch No. 4480/TCT-CS, whereby:
Foreign investors can remit abroad profits or annually remit aboard profits when finished direct investment activities in Vietnam or fiscal year is over after enterprises in which foreign investors join investment have accomplished financial obligations towards the Vietnam State under law, submitted audited financial statements and enterprise income tax finalization declarations to direct managing tax offices and implement fully all the obligations under the Law on Tax Administration.
Confirmation of fulfillment of tax obligations is carried out in accordance with the provisions of Article 70 of Circular No. 80/2021/TT-BTC dated September 29, 2021 of the Ministry of Finance.
