Schedule of fees for registration of secured transaction from November 15, 2023 in Vietnam

Nguyen Thi Diem My

08:32, 03/10/2023

What are the regulations on schedule of fees for registration of secured transaction in Vietnam?– Quoc Cuong (Binh Thuan)

Schedule of fees for registration of secured transaction from November 15, 2023 in Vietnam (Internet image)

Regarding this issue, LawNet would like to answer as follows:

Schedule of fees for registration of secured transaction from November 15, 2023

Schedule of fees for registration of secured transaction from November 15, 2023 is prescribed in Circular 61/2023/TT-BTC as follows:

No.	Description	Fee
1	Secured transaction registration fees
a	Initial registration of secured transactions for movable property (except for securities registered with Vietnam Securities Depository and Clearing Corporation (VSDC), aircrafts), sea-going ships, annual plants and temporary works	80.000 VND/application
b	Registration of changes to registered security interests	60.000 VND/application
c	Registration of notice of realization of collateral, registration of changes to notice of realization of collateral	30.000 VND/application
d	Deregistration of security interests, deregistration of notice of realization of collateral	20.000 VND/application
dd	Issuance of a copy of a certificate of secured transaction registration	25.000 VND/application
2	Fees for provision of information on secured transactions for movable property (except for securities registered with Vietnam Securities Depository and Clearing Corporation (VSDC), aircrafts), sea-going ships, annual plants and temporary works	30.000 VND/application
3	Fees for provision of user code for secured transaction database
a	Provision of user code for one-time self-search
-	Data search according to basic criteria	10.000 VND/search
-	Data search according to basic criteria, advanced criteria and data extraction by the registration agency	2.000 VND/transaction
b	Provision of user code for regular self-search
-	Data search according to basic criteria	- 300.000 VND/customer/year for user code issued before July 01 every year. - 150.000 VND/customer/year for user code issued after July 01 every year
-	Data search according to basic criteria, advanced criteria and data extraction by the registration agency	2.000 VND/transaction

*Note:

- Basic criteria (as prescribed in Decree 99/2022/ND-CP): information search according to documents on identification of the legal status of the grantor; the name of the grantor that is a foreign organization; the chassis number of the motor vehicle; and the security registration number.

- Advanced criteria (as prescribed in Decree 99/2022/ND-CP): information search according to type of collateral (including road motor vehicles; fishing vessels; inland waterway ships; railway vehicles; specialized vehicles on roads, waterways, railways; cargo transport vehicles; etc.); time period; the secured party in case where the secured party is the person requesting the information; and historical information on registration of security interests.

- Data extraction is an act that the registration agency extracts original data corresponding to the searched information according to basic or advanced criteria as requested by the searcher.

- Secured transaction registration fees specified in Point 1 of the Fee Schedule exclude postal service fee in case registration results are transferred by postal service.

- Organizations and individuals who are allowed to register security interests and provide information about security interests by securities registered with Vietnam Securities Depository and Clearing Corporation (VSDC) shall transfer service fees according to regulations of Circular 101/2021/TT-BTC on securities services applied in stock exchanges and Vietnam Securities Depository and Clearing Corporation.

- Organizations and individuals who are allowed to register security interests and provide information about security interests by aircrafts shall transfer fees according to regulations of Circular 193/2016/TT-BTC on fees and charges in aviation industry and collection, transfer, management, and use thereof./.

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