Manage securities > Securities Inheritance
Transaction Detail

Procedures for inheritance of securities are carried out in accordance with the Regulations on Securities Registration by VSD
For local investor:
- Inheritance by will:

   + A notarized copy of a lawful will as prescribed by law, a document declaring or refusing to accept the inheritance of heirs regardless of the content of will
   + A valid copy of the document on division of inherited assets in case the will does not specify the amount of securities
   + Written request for transfer of securities ownership of the heir or representative of the heir (Form 16B/DKCK) enclosed with a copy of the document showing identification information of the heir and a valid copy of death certificate of the party leaving the inheritance
   + Copies of documents providing that personal income tax has been paid from inheritance (in case the inheritor is an individual) according to the provisions of Circilar 111/2013/TT-BTC dated August 15, 2013 of the Ministry of Finance. and Circular 92/2015/TT-BTC dated June 15, 2015 of the Minister of Finance (declaration / Notice of PIT payment certified by tax authorities and written confirmation of payment of PIT into government budget)
   + Other relevant documents (if any)
- Inheritance by law:
   + Report on the personal relationships of the heir, which lists fully information about the heir's line of succession (wife, husband, parents, adoptive parents, biological children, adopted children…) and commit to the accuracy of the information declared in the report, and take full responsibility before the law if any dispute arises;
   + A valid copy of the written agreement on division of the inheritance (in case there are many people eligible to inherit)/the written declaration of the inheritance (in case there is only one person in the inheritance) certified by a notary agency or a competent government agency;
   + A valid copy of the document of refusal to accept the inheritance (in case the heirs refuse to accept the inheritance) / the written authorization in the name of the owner to manage the inheritance (in the case of the person in the category of heirs authorizing other people) certified by a notary agency or a competent goivernment agency;
   + Written request for transfer of securities ownership of the heir or the representative of the heirs (Form 16B/DKCK) (similar to Inheritance by will)
   + Copies of documents proving that personal income tax has been paid from inheritance (similar to Inheritance by will)
   + Copies of documents proving each personal relationship: discretionary papers, marriage registration, household registration, birth certificate...
   + Other relevant documents (if any)
For foreign investors
Will or legal document showing the inheritance in accordance with the laws of the country of the investor's nationality
Notarized translation of the will into Vietnamese and consular legalization of the translation and the original
The heir provides identification and documents showing the relationship with the person leaving the estate
In case the heir does not have a securities trading code, an additional application for the issuance of a trading code shall be provided in accordance with regulations on activities of foreign investors on the Vietnamese stock market.

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