Under Decree 329/2025, IFC members face AML, banking and reporting requirements from day one. GIC designs the compliance framework your entity needs to operate, so you start right, not scramble later.
Resolution 222 and Decree 329 unlock real advantages for IFC members. Capturing them requires exact execution, banking setup, IFRS books, AML framework, regulatory filings. All of it at once.
Opening a member capital account inside Vietnam IFC requires a direct relationship with an IFC-licensed bank desk. Cold applications are rejected. Existing entities wait months.
Decree 329 removes the outbound purpose declaration for IFC members. The ex post disclosure report, capital account routing and bank coordination still happen, they just land on your team.
Financial institutions in the IFC must file under IFRS, not Vietnamese Accounting Standards. Local firms cannot support this. Big Four charges per engagement. Neither is built for your size.
Fixed scope. Clear deliverables. Your compliance officer runs the framework, we build it.
We assess your entity against Vietnam IFC requirements across AML, banking, reporting and FX. You receive a prioritised gap report and action roadmap.
We build your AML policy, KYC/KYB onboarding framework, risk assessment matrix and MLRO toolkit, scoped exactly to your entity type and risk profile.
All documents are delivered with an implementation guide. Your appointed compliance officer or MLRO can operate the framework from day one.
Fixed-scope projects. No hourly billing. Each deliverable is standalone, or taken as a full framework package.
A clear map of where your entity stands against Vietnam IFC requirements, and what needs to be built before you can operate.
A complete AML/CFT policy document built to Decree 329, Circular 09/2023 and FATF 40 standards. Ready for your compliance officer to operate.
A risk-based onboarding system for your customers and business relationships, tiered, documented, and IFC-compliant.
A structured risk assessment across customer, product, geography and channel dimensions, plus the templates your appointed MLRO needs to operate.
Resolution 222 and Decree 329/2025 created a distinct regulatory track for IFC members. These are the confirmed, enacted differences, not projections.
Source: Resolution 222/2025/QH15 (effective 1 Sept 2025) and Decree 329/2025/NĐ-CP. GIC models your exact position during the onboarding assessment.
HQ has never set up in Vietnam IFC. Banking is opaque, AML requirements are IFC-specific, and IFRS filings are mandatory from day one.
AML scrutiny is high. Banking relationships are scarce. On-chain monitoring and travel rule compliance need to be live before the first transaction.
Foreign investors need a clean IFC entity, IFRS financials and a repatriation path. VAS books and a VN-only structure block the deal.
No generic compliance template. Every framework GIC delivers is scoped to your entity type, risk profile and Vietnam IFC requirements.
Built specifically for Vietnam IFC, not adapted from a generic compliance playbook. Licensed Vietnamese counsel handles every legal referral. You always know who is on your file.
We model your exact tax position during onboarding. No separate engagement fee.
Decree 329/2025 shifts IFC members from ex ante (pre-approval) to ex post (post-transaction) FX supervision. A 100% foreign-owned IFC entity no longer needs to register or obtain approval before an outbound transfer. You still route via the member capital account and file a post-transaction disclosure, GIC prepares and submits both.
Banking setup inside Vietnam IFC requires an entity to open a member capital account at an IFC-licensed bank. GIC guides you through the requirements, account structure under Decree 329, documentation needed, and what to expect from the bank's KYB process. We are building direct bank desk relationships as part of our Phase 2 rollout.
Both. We refer entity formation and IFC licensing to vetted legal partners under an exclusivity arrangement. Once the license is issued, GIC takes over all operational compliance. One team end to end.
Priority-sector entities (fintech, fund management, securities) qualify for 10% CIT for 30 years, with a 4-year full exemption followed by 9 years at 50% reduction. Other qualifying sectors get 15% for 15 years. We confirm your applicable rate during onboarding.
Resolution 222 mandates IFRS for financial institutions inside Vietnam IFC, Vietnamese Accounting Standards (VAS) are not accepted for regulatory filings. Local accounting firms are generally not equipped for IFRS. GIC maintains IFRS-compliant books from day one.
Nothing formal. Bring your entity type, current license status (or intent to apply), and your primary compliance question. We map your full requirements, banking, AML, IFRS, tax, FX, in the 30-minute assessment.
Book a 30-minute assessment with a Galophy senior. We map your entity, license track and reporting calendar before you sign anything.