Official Letter No. 5155/CCTKV. XVI-QLDN2 promulgated by the XVI Tax Sub-Department on tax policies as follows:

by KMC Consulting Company Limited

The company must calculate the payable tax amount by itself, except for the case where the tax calculation is carried out by the tax administration agency in accordance with the Government's regulations as prescribed in Article 42 of the Law on Tax Administration No. 38/2019/QH14.

In case the foreign investor of the Company transfers capital to another organization, the basis for tax calculation shall be as prescribed in Article 14 of Circular 78/2014/TT-BTC and Article 8 of Circular 96/2015/TT-BTC

For expenses incurred related to capital transfer, the Company shall base on the actual contract to identify the service provider and the buyer to issue invoices in accordance with the provisions of Decree 123/2020/ND-CP dated October 19, 2020 of the Government (amended, supplemented in Decree 70/2025/ND-CP dated 20/03/2025 of the Government).

For more detailed information about this or related Tax Advisory, please don't hesitate to contact us.
Website: https://kmc.vn/
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