PROCEDURES FOR ESTABLISHING PAYMENT INTERMEDIARY SERVICES COMPANY

Establishing a Payment Intermediary Services Company in Vietnam

To successfully establish a company providing payment intermediary services in Vietnam, investors must comply with specific requirements outlined in Article 16 of Decree 101/2012/ND-CP. This guide highlights the conditions and dossier requirements for the establishment of payment intermediary services company.

Key Conditions for Establishing Payment Intermediary Services

1. Legal Establishment
2. Approved Service Plan
3. Minimum Charter Capital
4. Personnel Requirements
5. Technical Infrastructure
6. Service Associations

Dossier Requirements for Licensing

To apply for a license, companies must prepare and submit the following:

1. Application Form
2. Organizational Approval
3. Service Plan and Technical Solutions
4. Personnel Documents
5. Legal and Operational Documents

Additional Notes

Investors must ensure their company complies with all requirements and maintains accurate documentation during the licensing process. Changes in legal provisions may affect the requirements, so it is essential to seek expert advice for accurate guidance.

For detailed assistance with the establishment of payment intermediary services company, contact Law Plus at or call +84 966 008 030.

LawPlus

Related:

1. Procedures for establishing a foreign representative office in Vietnam
2. Procedures for termination of foreign representative office in Vietnam
3. Investment bank account