Accordingly, an organization is allowed to transfer foreign currencies abroad as donations or grants in the following cases:
- Foreign currencies are transferred abroad as donations or grants provided under commitments or agreements between the State or Government of Vietnam or governments at all levels with foreign countries.
Such donations or grants are derived from state budget or funding sources of the donor;
- Foreign currencies are transferred abroad as donations or grants which are provided for reducing impacts of disaster, epidemics or war events.
Such donations or grants are voluntarily contributed by Vietnamese organizations and individuals and/or derived from funding sources of the donor;
- Foreign currencies are transferred abroad as donations provided for programs, funds or projects established by Vietnamese and/or foreign organizations for the purposes of supporting and encouraging development of cultural, educational (i.e. scholarships) and medical fields.
Such donations are derived from funding sources of the donor.
The Circular No. 20/2022/TT-NHNN is coming into force from February 15, 2023.
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Above are the summary and notification of new documents for customers of THU VIEN PHAP LUAT. For more information, please send an email to info@thuvienphapluat.vn.
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