Phuoc & Partners Vietnam International Law Firm

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Phuoc & Partners Attorneys At Law

Legal Update Newsletter February 2011

Our Part I of this Legal Newsletter is a legal article recently published in the Thoi Bao Kinh Te Sai Gon named “How foreign investors in Vietnam transfer their profit to other countries?” written by our lawyer Mr. Nguyen Huu Phuoc. By this article, we provide more comments on strategies for transfer profit overseas of foreign investors in Vietnam and relevant legal documents.

In Part II, we would like to provide you with some notable regulations as follows:

  1. Having new guidelines on Corporate Income Tax.
  2. Registration and operation of agents performing customs clearance procedures.
  3. Some remarkable contents upon the PIT finalization for 2010.
  4. The small and medium enterprises and enterprises engaged in production, processing, textiles, garments, leather, footwear are allowed to extend the period for paying corporate income tax of 2010.

Apart from the above, as usual, the selected list of news regulations is available for your further reference.

We hope that this Newsletter is of use to you. Should you have any questions, please feel free to contact us.

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