List of steps
(Total number of steps: 22)
Meet Hanoi Industry and Trade Department (HITD)
Request meeting with HITD
Meet HITD
Obtain consular certification by foreign authorities  (2)
1
Submit application for consular certification
2
Collect certified documents
Obtain consular legalization by Vietnamese authorities  (3)
3
Submit application for consular legalization
4
Pay consular legalization fee
5
Collect legalized documents
Obtain certified translations  (2)
6
Submit documents for translation
7
Collect certified translations
Obtain authenticated copies of passports or Vietnamese ID cards  (2)
8
Submit passports or Vietnamese ID cards for authentication
9
Collect authenticated copies of passports or Vietnamese ID cards
Sign contract on office lease  (1)
10
Sign contract on office lease
Obtain Establishment Certificate  (3)
11
Submit application for Establishment Certificate
12
Verify the status of the application
13
Collect Establishment Certificate
Obtain authenticated copies of Establishment Certificate  (2)
14
Submit Establishment Certificate for authentication
15
Collect authenticated copies of Establishment Certificate
Obtain seal and seal registration certificate  (2)
16
Submit application for seal and seal registration certificate
17
Collect seal and seal registration certificate
Obtain certificate of tax registration  (2)
18
Submit application for certificate of tax registration
19
Collect certificate of tax registration
Open bank account  (1)
20
Open bank account
Publicize Representative Office's operation  (2)
21
Publish in newspaper
22
Notify HITD of the Representative Office's operation

Preview & Print

Properties
 
20
Open bank account
(last modified: 07/01/2015)

Expected results

Bank Account Notification 01 - Bank Account Notification

Requirements

1. Application for opening bank account
Application for opening bank account (original)
2. 01 - Libre deuda de patente
Authenticated copy of Establishment Certificate (original)
3. 01 - Libre deuda de patente
Authenticated copy of passport or Vietnamese ID card of the chief representative (original)

Costs

Fee and minimum deposit amount vary from bank to bank. But most banks request to keep a minimum account balance.Example: Bank for Investment and Development of Vietnam (BIDV) requires a minimum balance of VND 1,000,000 for Vietnamese dong account and USD 100 for USD bank account.

Time frame

Waiting time in queue: Max. 5mn
Attention at counter: Min.  10mn - Max.  15mn

Legal justification

1. Ordinance amending and supplementing a number of articles of the Ordinance on foreign exchange control No. 06/2013/UBTVQH13
Ordinance amending and supplementing a number of articles of the Ordinance on foreign exchange control No. 06/2013/UBTVQH13
Article 1.4

Additional information

Here, we would like to document the procedure required by BIDV for reference
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