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Uni 18-07-2019 - Tax policy on investment capital contribution

Issue date: 18/7/2019 | 1:45:55 AM
Official letter 11125/CT-TTHT Binh Duong Tax Department regarding the determination of investment capital

Official letter 11125/CT-TTHT Binh Duong Tax Department regarding the determination of investment capital as follows:

In principle, foreign investors' capital contribution must be made through the transfer of capital into the direct investment capital account opened at an authorized bank. If a foreign investor transfers money directly from an overseas account to a landlord's account to pay the land rent without going through the Company's direct investment account opened at the authorized bank. is not in accordance with the regulations and this amount is not considered a valid contribution of foreign investors to the Company

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