Will my company be allowed to transfer profits, dividends and capital upon liquidation?
Companies are guaranteed:
- Unconditional transferability of dividends and net profits after tax to their home countries.
- Transferability of payments for loan servicing in the case of foreign loans and royalties and other fees in respect of technology transfer transactions e.g. licenses technical assistance and management contracts.
- The remittances of proceeds in the event of sale and liquidation of investment assets in the currency in which the investment was originally made to their home countries so far as they meet their tax obligations.