TRANSFER SECURITIES OWNERSHIP RIGHT UNDER DONATION, PRESENTATION, INHERITANCE
1/ PROCEDURE OF SECURITIES DONATION
When customers have a demand for donating securities, providing some documents as follows:
- Valid copies of the identification/establishment certifications of the donating, presenting party and the receiving party following instructions:
- Vietnameseindividuals: valid ID card.
- Foreign individuals: valid Passport.
- Children under 14 years old: copy of the birth certificate enclosed with the confirmation about the guardian or legal representative.
- Institutions: Business registration certificate, and Investment license issued by competent state agencies.
- Legal copy of stock donation/ presentation contract is notarized by competent State agencies.
- Original evidence proves the information disclosure of donation/ presentation transactions of relevant parties.
- Original evidence prove payment of personal income tax in case of individuals, including:
- Declaration form of Personal Income Tax.
- Notice of personal income tax payment.
- Copy of the payment slip to deposit tax into the State budget.
2/ PROCEDURE OF SECURITIES INHERITANCE:
When customers have a demand transfer securities ownership right from receiving inheritance, documents of inheritance as follow
a. Documents of testamentary inheritance:
- Valid copy of the personal identification of the inheritor(s). Persons under 18 years old must submit a confirmation about their guardian or legal representative.
- A valid copy of the deceased party's death certificate or the court's decision declaring a person dead.
- Notarized copy of the legal testament in accordance with law regulations.
- Document of inheritance disposal (required if the amount of securities left to the inheritor is not specified in the testament), certified by a notary office or competent State agency.
- Original documents evidencing the payment of personal income tax in case of individuals, including:
- Declaration form of Personal Income Tax
- Notice of personal income tax payment
- Copy of the payment slip to the State budget
- Original authority letter (if any)
b. Documents of at-law inheritance:
If the inheritors authorize a person/entity to manage the inheritance, they should submit an authorization letter/contract of inheritance management (certified by a notary office or competent State agency).
- Valid copy of the personal identifications of the inheritor(s). Persons under 18 years old must submit a confirmation about their guardian or legal representative.
- A valid copy of the deceased party's death certificate or the court's decision declaring a person dead.
- Valid copy of Document of inheritance disposal (in case many people in area of received inheritance ) or document of inheritance declaration (in case only person in area of received inheritance) certified by a notary office or competent state agency.
- Valid copy of document of disclaimer inherited property (in case a person in the area of inheritance but disclaims inherited property).
- Valid copy of the report on personal relation of the deceased, certified by a notary office or competent State agency, enclose with certified copies of the following documents:
- Family household book related to this report.
- A death’s certificate of first inheritance (father, mother, wife, child…) (if deceased).
- A marriage’s certificate.
- A birth’s certificate of the child.
