THE MINISTRY OF FINANCE
Circular No. 09/2015/TT-BTC dated January 29, 2015 of the Ministry of Finance guiding financial transactions of enterprise prescribed in the Article 6 of the Decree No. 222/2013/ND-CP dated December 31, 2013 of the Government providing for cash payment
Pursuant to the Decree No. 215/2013/ND-CP dated December 23, 2013 of the Government defining the functions, tasks, powers and organizational structure of the Ministry of Finance;
Pursuant to the Decree No. 222/2013/ND-CP dated December 31, 2013 of the Government providing for cash payment;
At the proposal of the Director of the Corporate Finance Department;
The Government promulgates the Circular No. 09/2015/TT-BTC dated January 29, 2015 of the Ministry of Finance guiding financial transactions of enterprise as stipulated under Article 6 of the Decree No. 222/2013/ND-CP dated December 31, 2013 of the Government providing for cash payment,
Article 1. Scope of application
This Circular guides the form of payment of business transactions in the capital contribution and sale, transfer of capital to other businesses; and forms of payment of enterprises other than credit institutions in relation to borrowing, lending and loan each other on the territory of Vietnam.
Article 2. Subjects of application
Enterprises and organizations are in relation to transactions as stipulated under Article 1 of this Circular.
Article 3. Mode of payment transactions in capital contribution and sale, transfer of capital to other enterprises
1. Enterprises do not use cash (banknotes and coins issued by the State Bank released) to perform payment transactions as capital contribution and sale, transfer of capital to other businesses.
2. When conducting transactions of capital contribution and sale, transfer of capital to other enterprises, businesses use the following forms:
a) Payment by check;
b) Payment by debit authorizations - transfers;
c) The payment method is not appropriate to use other cash under current regulations.
3. Enterprises conducting business transactions and purchases of capital contribution, transfer of capital to other businesses with assets (other than cash) shall comply with the law on enterprises.
