How to calculate base prices of land subject to registration fee in Vietnam in 2024?
How to calculate base prices of land subject to registration fee in Vietnam in 2024?
Based on point b, clause 1, Article 3 of Circular 13/2022/TT-BTC, the specific provisions are as follows:
Registration Fee Calculation Price
- The price for calculating the registration fee for houses and land as stipulated in clause 1, Article 7 of Decree No. 10/2022/ND-CP
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b) Price for calculating registration fee for houses
- The value of the house used to calculate the registration fee is determined as follows:
House value for registration fee calculation (VND) = Area of house liable for registration fee (m2) x Price per square meter of house (VND/m2) x Remaining quality percentage (%) of the house liable for registration fee
In which:
+ The area of the house liable for registration fee is the entire floor area (including accessory works) legally owned by the organization, household, or individual.
+ The price per square meter of the house is the actual construction price for a "new" square meter of floor for each house level and type issued by the provincial People's Committee according to construction law at the time of registration fee declaration.
The Department of Finance shall assume the prime responsibility together with the Department of Construction and relevant agencies in the locality, based on the provisions in point b, clause 1, Article 7 of Decree No. 10/2022/ND-CP, to develop a price for calculating the registration fee for the house to present to the provincial People's Committee for issuing a base prices list for houses applicable in the locality.
+ The percentage (%) of the remaining quality of the house liable for the registration fee is issued by the provincial People's Committee according to legal regulations.
- If the house price in the sale contract is higher than the price issued by the provincial People's Committee, the house registration fee calculation price is the price in the house sale contract. If the house price in the sale contract is lower than the price issued by the provincial People's Committee, the registration fee calculation price is the price issued by the provincial People's Committee according to construction law at the time of registration fee declaration.
- For apartments, the registration fee calculation price is the price that excludes maintenance costs for the common property of the apartment building. If the maintenance cost of the common property of the apartment building is not separated on the house sale contract and house sale invoice, the registration fee calculation price is the total purchase value stated on the house sale invoice or sale contract.
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Thus, under the above regulation, the method of calculating the base prices when transferring the land use right certificate is as follows:
| Registration fee payable = 0.5% x (Price per m2 of land in the Land Price List x Area granted title) |
What is the rate of registration fees for houses and land in Vietnam?
According to Article 8 of Decree 10/2022/ND-CP, the specific provisions are as follows:
Registration fee percentage rate
- Houses, land: The rate is 0.5%.
- Hunting guns; guns used for practice, sports competition: The rate is 2%.
- Ships, including barges, canoes, tugboats, push boats, submarines, submersibles; boats, including yachts; aircraft: The rate is 1%.
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Thus, the percentage rate of registration fees for houses and land is 0.5%.
How to calculate base prices of land subject to registration fee in Vietnam in 2024? (Image from the Internet)
What fees and levies must be paid when transferring the land use right certificate in Vietnam in 2024?
The subject liable for registration fees is stipulated in clause 1, Article 3 of Decree 10/2022/ND-CP as follows:
Subjects liable for registration fees
- Houses, land.
- Hunting guns; guns used for practice, sports competition.
- Vessels according to legal regulations on inland waterway traffic and maritime law (hereinafter referred to as ships), including barges, canoes, tugboats, push boats, submarines, submersibles; except floating docks, floating storage facilities, and mobile rigs.
- Boats, including yachts.
- Aircraft.
- Two-wheeled motorcycles, three-wheeled motorcycles, motorbikes, vehicles similar to motorcycles and motorbikes that must be registered and have number plates issued by competent state authorities (hereinafter referred to generally as motorbikes).
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According to clause 5, Article 3 of Circular 85/2019/TT-BTC, the specific provisions are as follows:
List of fees under the authority of the Provincial People's Council
- Residency registration fees (for activities performed by local agencies).
- ID card issuance fees (for activities performed by local agencies).
- Civil status fees.
- Labor permit issuance fees for foreign workers in Vietnam (for permits issued by local agencies).
- Fees for granting certificates of land use rights, house ownership rights, and assets attached to land.
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Thus, under the above regulations, when transferring the land use right certificate in 2024, one must pay registration fees and fees for issuing certificates of land use rights, house ownership rights, and assets attached to land.
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