Dispatch No. 3998/TCT-CS on 7th November, 2011 by the General Department of Taxation replying on the transfer of profits abroad by foreign investors
According to Article 4 of the Finance Ministry's Circular 186/2010/TT-BTC guiding the time of transfer of profits abroad after the end of the financial year. The profitable organizations , businesses from the direct investments in Vietnam, foreign investors, that must submit audited financial statements and CIT finalization declaration form for the fiscal year to tax bodies in direct administration as well as completing financial obligations with the State of Vietnam, will be the transfer of profits abroad.
