What is the notarial service fee for the contract for transfer of a land use right worth 5 billion VND?
What is the notarial service fee for the contract for transfer of a land use right worth 5 billion VND? Does the notarial service fee for the contract for transfer of a land use right already include VAT in Vietnam?
I want to notarize a transfer contract worth 5 billion VND, but I don't know how much the notarization fee is. Does the fee already include value-added tax or do I have to calculate it separately? I notarize at the Notary Office. Please advise.
What is the notarial service fee for the contract for transfer of a land use right worth 5 billion VND?
Based on Point a Clause 2 Article 4 of Circular 257/2016/TT-BTC regulating fee and charge as follows:
a) Fees for notarization of contracts/ transactions:
a1) Notarization of contracts for transfer, donation, division, merging, exchange or contribution of capital by land use right: The notarial service fee shall be calculated according to the value of the land use right.
a2) Notarization of contracts for transfer, donation, division, merging, exchange or contribution of capital by land use right and properties attached to land including house and structures on land: The notarial service fee shall be calculated according to the sum of the value of the land use right and the values of properties attached to land, including the values of house and structures on land.
a3) Notarization of contracts for sale or donation of other properties, or contribution of capital by other properties: The notarial service fee shall be calculated according to the value of property.
a4) Notarization of agreements on division of inherited property or declaration of inherited property: The notarial service fee shall be calculated according to the value of inherited property.
a5) Notarization of loan agreements: The notarial service fee shall be calculated according to the loan.
a6) Notarization of property mortgage or pledge agreements: The notarial service fee shall be calculated according to the value of property. In case the loan is specified in the property mortgage or pledge agreement, the notarial service fee shall be calculated according to that loan.
a7) Notarization of economic contracts, commercial contracts, investment or business contracts: The notarial service fee shall be calculated according to the value of contract/ transaction.
|
No. |
Value of property or the value of contract/transaction |
Fee (VND/ case) |
|
1 |
Less than VND 50 million |
VND 50 thousand |
|
2 |
From VND 50 million to VND 100 million |
VND 100 thousand |
|
3 |
From more than VND 100 million to VND 01 billion |
0.1% of the value of property or the value of contract/transaction |
|
4 |
From more than VND 01 billion to VND 03 billion |
VND 01 million + 0.06% of the portion of the value of property or the value of contract/transaction in excess of VND 01 billion |
|
5 |
From more than VND 03 billion to VND 05 billion |
VND 2.2 million + 0.05% of the portion of the value of property or the value of contract/transaction in excess of VND 03 billion |
|
6 |
From more than VND 05 billion to VND 10 billion |
VND 3.2 million + 0.04% of the portion of the value of property or the value of contract/transaction in excess of VND 05 billion |
|
7 |
From more than VND 10 billion to VND 100 billion |
VND 5.2 million + 0.03% of the portion of the value of property or the value of contract/transaction in excess of VND 10 billion. |
|
8 |
More than VND 100 billion |
VND 32.2 million + 0.02% of the portion of the value of property or the value of contract/transaction in excess of VND 100 billion (the maximum fee shall be VND 70 million/ case). |
Therefore, the notarial service fee for the transfer of a land use right certificate worth 5 billion VND is 3.2 million VND as regulated above.
What is the notarial service fee for the contract for transfer of a land use right worth 5 billion VND? (Image from the Internet)
Does the notarial service fee for the contract for transfer of a land use right already include VAT in Vietnam?
According to Clause 1 of Article 4 of Circular 257/2016/TT-BTC:
1. Notarial service fees prescribed in this Circular shall be consistently applied to both Notary Offices and Private Notary Offices. If collectors are Notary Offices, the fees precribed in this Circular have included VAT in accordance with regulations of the Law on value-added tax and its instructional documents.
Therefore, the notarial service fee for the contract of transfer of a land use right at a Notary Office already includes value-added tax as regulated by the law.
Best Regards!
