What is fee for authentication of contract or transaction in 2023 in Vietnam?

What is fee for authentication of contract or transaction in 2023 in Vietnam? What is the time limit for authentication of contract or transaction in 2023 in Vietnam? - Mr. Hieu (HCMC).

What is fee for authentication of contract or transaction in 2023 in Vietnam?

Pursuant to Article 4 of the Circular 226/2016/TT-BTC stipulating fee for authentication of contract or transaction as follows:

No.

Description

Rate

1

Fee for certification of a copy of an original

VND 2,000/ page. VND 1,000/ page beyond two pages; however, the charge per copy shall not exceed VND 200,000. The pages charged shall be those of the original document.

2

Fee for certification of signature

VND 10,000/ request. A request includes one or several signatures on one paper or document.

3

Fee for attestation of contract or transaction:

 

a

Fee for attestation of contract or transaction

VND 50,000/ contract or transaction

b

Attestation of amendment, supplement or cancellation of a contract or transaction

VND 30,000/ contract or transaction

c

Correction of errors in an attested contract or transaction

VND 25,000/ contract or transaction

As regulations above, fee for attestation of contract or transaction is as follows:

- VND 50,000/ contract or transaction for authentication of contract or transaction.

- VND 30,000/ contract or transaction for authentication of amendment, supplement or cancellation of a contract or transaction.

- VND 25,000/ contract or transaction for correction of errors in an attested contract or transaction.

This fee shall be applied when authenticating contracts and transactions at the People's Committees of communes, wards and townships and the Justice Department under the People's Committees of districts, towns and provincial cities.

What is the time limit for authentication of contract or transaction in 2023 in Vietnam?

Pursuant to Article 37 of the Decree 23/2015/NĐ-CP stipulating the time limit for authentication of contract or transaction in 2023 in Vietnam as follows:

Time limit for authentication of contracts

Time limit for authentication of contracts must be within two working days since receipt of adequate authentication request documents or may be extended according to an agreement with the requester.

As regulations above, time limit for authentication of contracts must be within two working days since receipt of adequate authentication request documents or may be extended according to an agreement with the requester.

What are procedures for authentication of contract or transaction in Vietnam?

Pursuant to Article 36 of the Decree 23/2015/NĐ-CP stipulating procedures for authentication of contract or transaction in Vietnam as follows:

Step 1: Requesters must submit request documentation for authentication which consists of the following papers:

- Draft contracts;

- Copies of valid ID card or passport;

- Copies of certificates of ownership or use rights or other documents with respect to properties mentioned in the contract except a testator’s life is under threat.

Step 2: The authenticating person shall carry out examination of authentication request documents. Upon finding that such documents are adequate and contracting members have sound mind, are conscious and able to control their behaviors, authentication shall be carried out.

Step 3: Contracting parties must sign signatures in the presence of the authenticating person.

In case a competent person from a credit institution or enterprise has already had a specimen signature registered at the agency that performs authentication, such person can sign his/her signature on the contract;

The authenticating person must check the signature on the contract against the specimen signature before authentication is done. Upon finding any suspicion, the requester shall be requested to sign his signature in front of the authenticating person.

In case a requester is unable to perform the act of signing, his/her append fingerprint may be used as a substitute; If a requester is unable to read, hear, sign name or make any append fingerprint, at least two witness are required. Witnesses must have adequate civil capacity and have no rights, benefits or obligations relating to the contract.

Step 4: The authenticating person must write testimonies corresponding to each type of contract according to the defined form; sign and write full name, affix a seal of the agency that performs authentication and record it in the authentication book.

For any contract that has at least two pages, each page must be numbered in order with a signature of the requester and authenticating person; number of pages and testimonies shall be written at the last page of the contract. For any contract that has at least two sheets, a stamp must be affixed on adjoining edges of the contract.

In case oral translation is needed, the interpreter shall be responsible for performing full and accurate oral translation of the contract, testimonies for the requester and signing names on individual pages of the contract as an interpreter.

Best regards!

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