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Remitting Profits from Vietnam - New Publication From Vietnam Briefing - Vietnam Briefing News

Remitting Profits from Vietnam, the latest publication from Vietnam Briefing and Dezan Shira & Associates, is out now and available for purchase through the Asia Briefing Bookstore.

Remitting profits from Vietnam can prove a complex and time consuming process for even the most seasoned investors. Shifting regulations and scarce information on remittance procedures results in a constantly changing compliance landscape that mandates continued attention. For those with current operations within the country or considering Vietnam as a destination for future investment, monitoring of regulatory bodies and review of pertinent legislation is a critical component of entry and operational due diligence.

In this issue of Vietnam Briefing, we outline existing regulations on remittance and provide guidance on how to ensure compliance in order to repatriate profits in a timely fashion. We highlight relevant government bodies, outline steps required to successfully repatriate returns, and provide expert guidance on carrying losses.

As Vietnam continues to attract record levels of investment, the importance of repatriation will only continue to increase in importance. With a growing team of Tax and Corporate Advisory Specialists in Vietnam with years of combined experience in set up and repatriation, Dezan Shira and Associates is perfectly positioned to assist companies throughout the duration of their investments. For questions or information on carrying losses, setting up foreign currency bank accounts, or other concerns related to the remittance process, please contact our offices in Ho Chi Minh City and Hanoi.

 


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 Us

Asia Briefing Ltd. is a subsidiary of Dezan Shira & Associates. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email [email protected] or visit www.dezshira.com.

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In this issue of Vietnam Briefing, we address pressing changes to audit procedures in 2016, and provide guidance on how to ensure that compliance tasks are completed in an efficient and effective manner. We highlight the continued convergence of VAS with IFRS, discuss the emergence of e-filing, and provide step-by-step instructions on audit and compliance procedures for Foreign Owned Enterprises (FOEs) as well as Representative Offices (ROs).

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