Registration fee calculation prices for houses and land according to the latest regulations in Vietnam

There are new regulations on registration fee calculation prices. So what are registration fee calculation prices for houses and land according to the latest regulations in Vietnam? Thank you.

Quoc Thao (070***)

Registration fee calculation prices for houses and land according to the latest regulations in Vietnam (Image from the Internet)

Registration fee calculation prices for houses and land are specified in Clause 1, Article 6 of Decree 140/2016/ND-CP, amended by Clause 1, Article 1 of Decree 20/2019/ND-CP (effective from April 10, 2019) as follows:

a) The base price for land shall be specified in the Land price list promulgated by provincial People's Committees as per the legislation on land in effect upon the declaration of registration fee.

b) The base price for housing shall be defined by provincial People's Committees as per the legislation on construction in force upon the declaration of registration fee.

Except:

- The base price for state-owned housing transferred to current tenants thereof as per the legislation on the sale of state-owned housing to present renters shall be the actual selling price invoiced at the discretion of provincial People’s Committees.

- The base price for housing auctioned as per the legislation on bidding and auction shall be the winning bid’s price actually invoiced.

c) If the price defined in the contract for land use right transfer or house sale exceeds that specified by the relevant provincial People’s Committee, the registration fee shall be payable on the contract price.

Above is the content of regulations on registration fee calculation prices for houses and land. For more detailed information, you can refer to Decree 20/2019/ND-CP .

Best regards!

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