Securities trading services
According to the draft, securities trading services at Point c, Clause 4, Article 4 of Decree No. 181/2025/ND-CP dated July 1, 2025 of the Government detailing the implementation of a number of articles of the Law on Value Added Tax include:
Securities brokerage: Securities brokerage, receiving entrusted management of securities trading accounts of individual investors; managing securities trading accounts; online securities trading services at securities companies; securities trading services, online connection services, services using terminals at the Stock Exchange; services for customers to borrow money to buy securities; services of advancing money for selling securities; services of borrowing and lending securities, securities depository, clearing, payment of securities transactions at depository members, clearing members, Vietnam Securities Depository and Clearing Corporation and its subsidiaries; error handling, error correction after transactions; payment of principal, interest, money to buy back government bonds, national construction bonds, bonds guaranteed by the Government, local government bonds, treasury bills; management of collateral assets, position management.
The Ministry of Finance proposes detailed regulations on securities trading and securities transfer services.
Securities trading: securities trading; investment, capital contribution, issuance, offering of financial products, secured warrants; market making transactions.
Securities underwriting and services related to securities underwriting as prescribed in Clause 3, Article 86 of the Securities Law. Securities underwriting contracts represent services as prescribed in Clause 3, Article 86 of the Securities Law.
Securities investment consulting.
Securities investment fund management.
Stock portfolio management.
Securities transfer
According to the draft, securities transfer at Point d Clause 4 Article 4 of Decree No. 181/2025/ND-CP dated July 1, 2025 of the Government detailing the implementation of a number of articles of the Law on Value Added Tax includes:
Securities transfer through the securities trading system of the Stock Exchange; transfer of securities ownership outside the system of the Stock Exchange; securities transfer; intraday trading; short selling; compulsory purchase.
Auction, bidding, competitive offering, book building.
The Ministry of Finance solicits comments on this draft on the Ministry's Electronic Information Portal.
Source: https://vtcnews.vn/de-xuat-siet-quy-dinh-kinh-doanh-chuyen-nhuong-chung-khoan-ar954942.html
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