Uni 28-02-2019 - Tax policy for division of profit after tax

Official letter 2653/CT-TTHT dated 26 Feb 2019 of Binh Duong Tax Department guiding division of after-tax profits are as follows:

In case, the company is 100% owned by a domestic investor, after the Company has completed its tax obligations with the State agency and proceeds to divide after-tax profit, the invested enterprise receives benefits. Income from this capital contribution is exempt from corporate income tax for this profit.