Fees for appraisal of construction investment projects in Vietnam reduced by 50% according to Circular No. 44/2023/TT-BTC?
- Fees for appraisal of construction investment projects in Vietnam reduced by 50% according to Circular No. 44/2023/TT-BTC?
- How much are the fees for appraisal of construction investment projects in Vietnam according to Circular No. 28/2023/TT-BTC?
- How long is the application period for appraisal of new construction investment projects in Vietnam?
- On what basis are fees for appraisal of construction investment projects calculated?
Fees for appraisal of construction investment projects in Vietnam reduced by 50% according to Circular No. 44/2023/TT-BTC?
Pursuant to Clause 1, Article 1 of Circular No. 44/2023/TT-BTC stipulating the fees for appraisal of construction investment projects as follows:
- Fees for appraisal of construction investment projects are equal to 50% of the fees prescribed in the Schedule of fees for appraisal of construction investment projects (fees for review of reports on the feasibility study on construction investment or fees for appraisal of technical and economic reports) enclosed with Circular No. 28/2023/TT-BTC dated May 12, 2023 of the Minister of Finance prescribing fees for appraisal of construction investment projects, collection, transfer, management and use thereof.
Article 4 of Circular No. 28/2023/TT-BTC stipulates the fees for appraisal of construction investment projects as follows:
Fees
1. Rates of fees payable for appraisal of construction investment projects (feasibility study reports or economic-technical reports) are specified in the Fee Schedule enclosed herewith. Fee rates as percentage (%) of total investments of projects shall be applied by each appraising agency.
2. Determination of fees for appraisal of construction investment projects:
a) Fee payable for appraising a construction investment project is calculated on the basis of the total investment of that project (value to be appraised) and the fee rate (specified in the Fee Schedule enclosed herewith). To be specific:
Fee payable = Total investment x Fee rate.
...
Besides, the fee schedule promulgated together with Circular No. 28/2023/TT-BTC is as follows:
Total investment (VND billion) | Fee rate (%) |
≤15 | 0,019 |
25 | 0,017 |
50 | 0,015 |
100 | 0,0125 |
200 | 0,01 |
500 | 0,0075 |
1.000 | 0,0047 |
2.000 | 0,0025 |
5.000 | 0,002 |
≥10.000 | 0,001 |
Thus, Circular No. 44/2023/TT-BTC stipulates that the fees for appraisal of construction investment projects are equal to 50% of the fees prescribed in the Schedule of fees for appraisal of construction investment projects (fees for review of reports on the feasibility study on construction investment or fees for appraisal of technical and economic reports) enclosed with Circular No. 28/2023/TT-BTC.
Therefore, from July 1, 2023 to December 31, 2023, the fees for appraisal of construction investment projects will be reduced to 50% by calculating fees according to Article 4 of Circular No. 28/2023/TT-BTC.
Fees for appraisal of construction investment projects in Vietnam reduced by 50% according to Circular No. 44/2023/TT-BTC?
How much are the fees for appraisal of construction investment projects in Vietnam according to Circular No. 28/2023/TT-BTC?
Pursuant to the Schedule of fees for appraisal of construction investment projects (fees for review of reports on the feasibility study on construction investment or fees for appraisal of technical and economic reports) enclosed with Circular No. 28/2023/TT-BTC, the fees for appraisal of construction investment projects are specified as follows:
Total investment (VND billion) | Fee rate (%) |
≤15 | 0,019 |
25 | 0,017 |
50 | 0,015 |
100 | 0,0125 |
200 | 0,01 |
500 | 0,0075 |
1.000 | 0,0047 |
2.000 | 0,0025 |
5.000 | 0,002 |
≥10.000 | 0,001 |
How long is the application period for appraisal of new construction investment projects in Vietnam?
Pursuant to Clause 2, Article 1 of Circular No. 44/2023/TT-BTC stipulating as follows:
Fees and charges to support the people and enterprises
1. From July 1, 2023 to the end of December 31, 2023, regulations on fees and charges are as follows:
…
2. From January 1, 2024, the collection of the fees mentioned above shall be in compliance with original Circulars or amendment or replacement Circulars (if any).
3. Aside from the rate of collection of fees and charges prescribed in the above Schedule, original Circulars and other legislative documents shall apply to contents on the scope and regulated entities; collectors; payers; cases of exemption from paying fees and charges; declaration and payment of fees and charges; collection rates of fees and charges; management and use of fees and charges; collection receipts and disclosure of regulations on the collection of fees and charges not regulated in this Circular.
Thus, the fee for appraisal of new construction investment projects according to Circular No. 44/2023/TT-BTC applies from July 1, 2023 to December 31, 2023.
In addition, from January 1, 2024 onwards, the fees for appraisal of construction investment projects will return to comply with the provisions of Circular No. 28/2023/TT-BTC.
On what basis are fees for appraisal of construction investment projects calculated?
Pursuant to Article 4 of Circular No. 28/2023/TT-BTC stipulating as follows:
Fee payable for appraising a construction investment project is calculated on the basis of the total investment of that project (value to be appraised) and the fee rate (specified in the Fee Schedule enclosed herewith). To be specific:
Fee payable = Total investment x Fee rate.
In case the total investment of a project falls between two values specified in the Fee Schedule enclosed herewith, the fee payable shall be calculated adopting the following formula:
Where:
- Nit is the fee rate of project i (unit: %).
- Git is the value of project i (unit: value of the project).
- Gia is the supremum value of the value of project i (unit: value of the project).
- Gib is the infimum value of the value of project i (unit: value of the project).
- Nia is the fee rate of project i corresponding to Gia (unit: %).
- Nib is the fee rate of project i corresponding to Gib (unit: %).
Fee rate based on total investment of the project is specified in the Fee Schedule enclosed herewith.
- Fees for appraisal of urban area construction projects shall be calculated according to the provisions of Point a of this Clause, in which total investment to be appraised and used as the basis for fee calculation is exclusive of costs of compensation for site clearance and relocation support.
- Fee payable for appraisal of construction investment projects shall not exceed VND 150.000.000/ total investment/ appraising agency but shall not be smaller than VND 500.000/ total investment/ appraising agency.
- Fees for appraisal of investment projects on construction of small-scale works or works serving religious purpose and other works as prescribed by the Government (fees for appraisal of economic - technical reports) shall be determined according to the provisions of Point a of this Clause.
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