New Regulations on Fees for Selling Dossier to Participants in Land Use Right Auctions in Vietnam

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 -

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