On May 15, 2017, the Ministry of Finance of Vietnam issued Circular 48/2017/TT-BTC stipulating financial policies in asset auction activities.
Regarding the auction of land use rights in Vietnam, the fee for selling dossiers to auction participants is regulated as follows:
In the case of auctioning land use rights to allocate homestead land to households and individuals:
No. | Value of land use rights according to starting price | Maximum fee (VND/dossier) |
---|---|---|
1 | Up to VND 200 million | 100,000 |
2 | Over VND 200 million to VND 500 million | 200,000 |
3 | Over VND 500 million | 500,000 |
In the case of auctioning land use rights not falling under point a of clause 2 of this Article:
No. | Land area | Maximum fee (VND/dossier) |
---|---|---|
1 | Up to 0.5 ha | 1,000,000 |
2 | Over 0.5 ha to 2 ha | 3,000,000 |
3 | Over 2 ha to 5 ha | 4,000,000 |
4 | Over 5 ha | 5,000,000 |
More details can be found in Circular 48/2017/TT-BTC, effective from July 1, 2017.
- Thanh Lam -
Address: | 19 Nguyen Gia Thieu, Vo Thi Sau Ward, District 3, Ho Chi Minh City |
Phone: | (028) 7302 2286 |
E-mail: | info@lawnet.vn |