1/ Foreign customers includes:
a. Foreign Individual: The person who doesn’t have Vietnamese nationality, resides in a foreign country or is residing in Vietnam.
b. Foreign Institution: is established and operated in accordance with foreign law, includes all branches operating in Vietnam or established and operated with 100% foreign capital in accordance with Vietnam Law. Or the member fund, a private securities investment company which its foreign partner owns over 49% registered capital in accordance with regulations on the fund charter or charter of the securities investment company.
2/ Foreign customers need to register for trading code at Vietnam Securities Depository to trade securities at Vietnam Securities Market.
Customers need to present the following documents when coming to PHS Branches/ Trading Offices to carry out the procedure of register for trading code:
a. Individual:
- Legal copy of valid Passport or other legal person certification.
Form: Foreign individual registration trading code.
b. Institutions
| STT | Required documents | Type of institutions | Type of institution | Type of institution | Note |
| Securities Investment Fund | Hedge Fund | Institutions are not investment fund | |||
| 1 | Fund Establishing Certificate or other equivalent paper issued by competent authorities of the investor’s country | x | x | Valid copy | |
| 2 | Fund Charter; Incorporation Agreement or other documents explain specifically for investment strategy of the fund; or replace by one of these following documents: extracted documents from website of foreign competent authorities, Fund Charter, prospectus, trust deed/trust agreement tax registration issued by competent authorities at investors’ home country or business certificate; | x | Valid copy | ||
| 3 | Incorporation license & branch license in Vietnam/or Certificate for Business Registration/or Tax Registration issued by competent authorities at investors’ country or other equivalent documents. | x | Valid copy | ||
| 4 | Certified copies of Passports of individuals such as account holders, legal representative or legal copy of passport of competent persons of institution and authorized persons legally. | x | x | x | Valid certificated copy |
More information in detail, please download at Support items: "Guide for Foreign Investor Registration Trading Code"
Form: Foreign institution registration trading code
In case investors have appointed trading representative, please supply additional documents as below:
Notes: Documents for trading code registration will be prepared in 02 copies including 01 original set and 01 copied set. Each set includes 02 copies: 01 in Vietnamese, 01 in a foreign language.
- Trading representative appointment documents (download Appendix 13)
- Trading Representative‘s Information form (download Appendix 14)
- Certified valid copy of ID card or Passport or legal person certification of trading representative;
- Certified copy of securities license.
- All documents written in foreign languages must be translated into Vietnamese by the competent translation practicing institution in Vietnam or translated at a foreign country or translated by the securities company attached with the written-confirmation about accuracy and trustworthiness of the translation version.
- Documents written in foreign language must be certified and notarized legally invalid term less than 9 months from signed date to handing date to VSD.
- Documents issued by competent authorities of investors’ countries must be notarized and verified in investors’ home country by competent authority and the General Consulate of VietNam.
- Documents prepared by investors (not issued by competent authorities at investors’ home country) must be notarized and verified in regarding to regulations of foreign law;
- Legal copy of passport or other legal person certification is verified by competent authority in Vietnam in case that foreign investors reside in Viet Nam. In contrast to overseas residence, the passport must be verified in investors’ country by authorized agencies and the General Consulate of Vietnam.
Time for registration trading code at Vietnam Securities Depository (VSD):
- Individual: 03 working days (in case of sufficient and accurate documents)
- Institution: 05 working days (in case of sufficient and accurate documents)
- After VSD has approved for trading code registration , PHS will open a securities trading account for foreign customers.
