Day by day, more and more businesses have a higher demand for capital to grow and expand, due to the demand for foreign loans is a matter. In order to meet the needs of our clients and remove the difficulties with the registration of foreign loans, Apolo Lawyers (Tel: (+8428) 66.701.709) is willing to provide our clients an overview of the registration of foreign loans in Vietnam, concurrently the legal consultation service to register foreign loans.
Registration of foreign loans is the administrative procedure at the State bank of enterprises with the long–term and mid-term foreign loans or renewed short–term loans that total term of these loans in over one year.
The following foreign loans are subject registered at the State Bank:
To register foreign loans not guaranteed by the government, enterprises shall be in compliance with the terms to register foreign loans, forex management for foreign borrowing, and debt repayment activities that are regulated in the Circular No. 12/2014/TT-NHNN on requirements for taking foreign loans applied to enterprises not guaranteed by the government.
The procedure for registration of foreign loans includes these steps:
Step 1: The borrowers send the application to the competent authorities to confirm the registration of foreign loans within 30 days from:
The borrowers who send online can choose to submit the additional documents according to the introduction on the Website.
Step 2: The competent authority has written confirmation or refusal to confirm the registration of foreign loans within the time limits.
In case of refusal to confirm registration for loan change, the competent authority shall issue a written explanation clearly stating the reason therefor.
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There are two ways to register foreign loans:
We are Apolo Lawyers, a law firm of Ho Chi Minh City Bar Association. With the principle of operation “to help, to protect”, we are committed to providing our clients the most optimal legal consultation service in the wide fields, especially in the procedure for registration of foreign loans. When our clients use legal consultation service at Apolo Lawyers, you will take quality and professional service from Solicitors who are high – professional and experienced. Choosing legal consultation service on the procedure for registration of foreign loans, Apolo Lawyers will help you with no limited but specified following tasks:
For further information, please contact us: Apolo Lawyers
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