LIST OF DOCUMENTS REQUIRED
FOR OPENING A SECURITIES ACCOUNT FOR FOREIGN INVESTORS
Foreign Investor (“FI”) means (i) any individual holding a foreign nationality; (ii) any organization established under foreign laws conducting investment and business activities in Vietnam; and (iii) any economic organization having foreign-invested capital.
1. Required documents for opening a Securities Trading Account:
To open a Securities Trading Account at VNDIRECT, please prepare the following documents and contact the Hotline 1900 5454 09 or email support@vndirect.com.vn for consultation and support.
For individual FIs:
| No. | Documents | Quantity | Notes |
| 1 | Valid passport | 02 copies certified/notarized in Vietnam or legalized in accordance with the law, dated no more than 12 months prior to VNDIRECT’s receipt of the document. | |
|
2
|
2.1. Confirmation of Indirect Investment Capital Account (“IICA”) or IICA Opening Agreement; | 01 copy/scan | For FIs who are non-residents in Vietnam. |
|
2.2.
|
01 copy/scan | For FIs who are residents in Vietnam. | |
| 3 | Trading Code Certificate (“TCC”) issued by VSDC (if any) | 01 copy/scan |
For FIs who have obtained Trading Codes.
|
| 4 | FATCA Form W-9 | 01 original copy | |
| 5 | FATCA Form W-8BEN | 01 original copy | For FIs with U.S. indicia. |
For institutional Fis or Foreign-invested economic organization:
| No. | Documents | Quantity | Notes |
| 1 |
|
02 copies certified/notarized in Vietnam or legalized in accordance with the law, dated no more than 12 months prior to VNDIRECT’s receipt of the document. | |
| 2 | 2.1. Confirmation of Indirect Investment Capital Account (“IICA”) or IICA Opening Agreement | 01 copy/scan | For FIs who are non-residents in Vietnam. |
|
2.2.
|
01 copy/scan | For foreign-invested economic organizations. | |
| 3 | Trading Code Certificate (“TCC”) (if any) | 01 copy/scan | For Fis/ For foreign-invested economic organizations who have obtained Trading Codes. |
| 4 | Legal documents of the authorized representative(s) (*) | For Fis/ For foreign-invested economic organizations have more than 01 | |
| 5 | FATCA Form W-9 | 01 original copy | |
| 6 | FATCA Form W-8BEN | 01 original copy | For Fis/ For foreign-invested economic organizations with U.S. indicia. |
(*) Legal documents of the competent representative of FIs/ For foreign-invested economic organizations include:
The organization’s Charter (01 copy/scan)
Passport/Information and images of electronic identification account. (01 copy/scan);
Power of attorney or Written appointment of the organization’s representative (01 original).
Notes:
A foreign-invested economic organizations is understood as a public company, a public securities investment company, a closed-end fund, a member fund, and any other economic organization in which foreign investors hold more than 50% of the charter capital, except for securities companies conducting hedging or market-making activities as guided by the Minister of Finance.
For FIs being non-residents in Vietnam: Please register to open a Payment account to conduct indirect investment activities in Vietnam (Indirect investment capital account – “IICA”) at commercial banks that meet regulatory conditions, such as BIDV, Vietcombank, Shinhan Bank, HSBC, Standard Chartered Bank, etc. (For detailed information, please contact the Bank specific and accurate advice).
For FIs being residents in Vietnam: Please register to open a Payment account at a commercial bank.
Except for English documents or English translations that have been notarized or certified in accordance with foreign laws, documents in other foreign languages must be translated into English by a licensed organization to conduct translation services in Vietnam.
For clients who have not yet obtained a Trading Code issued by VSDC, please follow the instructions at Here
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