Investment Advisory

Foreign Loan Registration

Businesses borrowing from abroad must comply with foreign-exchange rules on foreign borrowing and repayment. LTV Law registers foreign loans with the State Bank under Circular 12/2022/TT-NHNN: identifying loans that require registration, opening the loan account, registering the loan and complying with reporting.

Quick facts

  • Cost
    Contact for a quote
  • Processing time
    Per State Bank rules
  • Legal basis
    Circular 12/2022/TT-NHNN on foreign-exchange management of enterprise foreign borrowing and repayment
  • Initial consultation
    Free
Overview

Foreign Loan Registration

Businesses borrowing from abroad must comply with foreign-exchange rules on foreign borrowing and repayment. LTV Law registers foreign loans with the State Bank under Circular 12/2022/TT-NHNN: identifying loans that require registration, opening the loan account, registering the loan and complying with reporting.

Scope of services

What we provide

  • Advise which loans must be registered with the State Bank
  • Review the loan agreement and borrowing conditions
  • Open the foreign loan/repayment account
  • Prepare and register the loan with the State Bank
  • Register changes to the loan when amended
  • Advise on drawdown, repayment and reporting
Process

How we work

1
Assess the loan
Determine short vs medium/long-term and registration need
2
Open account & prepare dossier
Open the loan account; prepare the registration dossier
3
Register with State Bank
File the foreign loan registration and follow up
4
Drawdown, repay & report
Transact via the account and report periodically
Get started

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FAQ

Frequently asked questions

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