Library

Circular 213/2012/TT-BTC dated January 5th 2013 of the Ministry of Finance on the reduction of the procedures for foreign investors

Circular 213/2012/TT-BTC dated January 5th 2013 of the Ministry of Finance on the reduction of the procedures for foreign investors

With the new regulations in this Circular, foreign investors are easier to open a securities trading account in the Vietnam stock market.

Instead of having to submit the judicial record that has been notarized and legalized when applying for the transaction identification number as before, as from now, individual foreign investors just have to submit a copy of valid passport or other identification.

In addition, the Circular also shorten the time to issuing transaction identification number: 5 days from the date of completely receipt dossiers for institutional investors and 3 days for individual investors (formerly 10 and 5 working days).

Circular takes effect from February 15th 2013, replacing Decision 121/2008/QD-BTC.

 

ANT Lawyers

Recent Posts

Decree No. 147/2024/NĐ-CP: A Comprehensive Framework for Internet and Information Management in Vietnam

With the rise of the digital age, Vietnam has experienced rapid growth in internet usage,…

2 weeks ago

The Employment in Vietnam Guide: 12 Key Legal Answers for Foreign Companies Entering the Market

Foreign companies entering Vietnam's thriving market face unique legal questions, especially around employing local talents.…

4 weeks ago

13 Critical Steps To Respond to Thailand’s Tough Anti-Dumping Investigation on Cold Rolled Stainless Steel

On October 3, 2024, Thailand’s Department of Foreign Trade (DFT) had officially launched an anti-dumping…

1 month ago

13 Essential Facts You Must Know About Setting Up a Vietnam Representative Office to Test the Market

Introduction For foreign businesses eyeing the fast-growing Vietnamese market, setting up a Vietnam Representative Office…

2 months ago

Anti-Dumping Investigation on Wood Fiber Boards from Thailand and China (AD21)

On September 25, 2024, the Ministry of Industry and Trade officially initiated an anti-dumping investigation…

2 months ago

Kick-Off Event of the 2024 International Mediation Writing Competition in Vietnam

The Weinstein International Foundation (WIF) has officially launched the 2024 International Mediation Writing Competition (IMWC2024).…

2 months ago