Secured transaction registration fees from November 15, 2023 in Vietnam

Secured transaction registration fees from November 15, 2023 in Vietnam

- Initial registration of secured transactions for movable property (except for securities registered with Vietnam Securities Depository and Clearing Corporation (VSDC), aircrafts), sea-going ships, annual plants and temporary works: 80,000 VND/application

- Registration of changes to registered security interests: 60,000 VND/application

- Registration of notice of realization of collateral, registration of changes to notice of realization of collateral: 30,000 VND/application

- Deregistration of security interests, deregistration of notice of realization of collateral: 20,000 VND/application

- Issuance of a copy of a certificate of secured transaction registration: 25,000 VND/case.

Secured transaction registration fee collectors in Vietnam

- Vietnam Maritime Administration affiliated to the Ministry of Transport or its branch office, or Maritime Administration authorized by Vietnam Maritime Administration shall collect fees for registration of secured transactions, and provision of information on secured transactions by sea-going ships or other property according to regulations of Vietnam Maritime Code and the law on registration of security interests.

- Centers for registration of transactions and property under the National Registration Agency for Secured Transactions affiliated to the Ministry of Justice shall collect fees for registration of secured transactions, and provision of information on secured transactions by movable property (except for securities registered with Vietnam Securities Depository and Clearing Corporation (VSDC), aircrafts, sea-going ships), annual plants under the Law on Crop Production, and temporary works under the Law on Construction.

- The National Registration Agency for Secured Transactions shall collect fees for provision of user codes for secured transaction database at the Agency.

- Competent authority providing database user codes to search information on security interests in sea-going ships according to Vietnam Maritime Code shall collect fees for provision of user codes for database on secured transactions by sea-going ships.

Circular 61/2023/TT-BTC takes effect from November 15, 2023, replacing Circular 202/2016/TT-BTC and Circular 113/2017/TT-BTC.

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