Notarization Fee for a House Lease Contract Worth 500 Million VND
Point b, Clause 2, Article 4 of Circular 257/2016/TT-BTC prescribes the notarial fee rates for notarizing land use rights lease contracts; house lease; lease, sublease of assets as follows:
| No. | Asset value or contract, transaction value (total rental amount) | Fee (VND/case) |
|---|---|---|
| 1 | Under 50 million VND | 40 thousand |
| 2 | From 50 million VND to 100 million VND | 80 thousand |
| 3 | Above 100 million VND to 1 billion VND | 0.08% of asset value or contract, transaction value |
According to the above regulation, if the lease contract value is 500 million VND, the notary fee is 0.08% x 500,000,000 = 400,000 VND.
Sincerely!
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