Get foreign currency from abroad are exempt from income taxThe Government and the Prime Minister has decided to encourage the Vietnam overseas remittance. Accordingly, neither the sender is created every favourable conditions, which the beneficiary also tax-free income with account of Exchange moved on.RELATED NEWSSBV tight management of the flow of investment capital abroad16 objects using foreign currencies in VietnamJust be borrowing in foreign currencies for the purpose of 418/02/2014 12:31 Foreign Exchange, currency of Vietnam The Government encourages foreigners to transfer money on Vietnam According to the decision, the Government encourages and facilitates to the Vietnam foreign remittance in accordance with the law of Vietnam and the country.In addition, the alien transfer money from abroad into Vietnam with the aim of helping the family, relatives, or other charitable purposes are also encouraged and done as earners overseas Vietnam.Vietnam people abroad and foreigners are shipped from foreign currency into Vietnam under the form of foreign currency transfer is through credit institutions are permitted. Transfer of foreign currency through enterprises providing postal financial services and international individuals bring into Vietnam.Overseas individuals when entering Vietnam carrying foreign currency for the Vietnam abroad must declare to the Customs the gate of foreign currencies brought households from abroad send back to the beneficiary in the country.The beneficiary was receiving in foreign currency or USD as required. In case of receiving in foreign currency, the beneficiary may sell for credit institutions are allowed to transfer into foreign currency deposit accounts of individuals and are used according to the current regulations on Foreign Exchange Management, savings in foreign currencies or used on other purposes according to the regulations.In particular, the beneficiary tax-free income for the account of foreign currency from abroad moved on.
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