The Levels of Fees and Charges for Registration of Secured Transactions in 2020

Fees and Charges in the Field of Secured Transaction Registration in 2020 (illustrative image)

According to Article 1 of Circular 49/2020/TT-BTC, organizations and individuals requesting the registration of secured transactions, or providing information on secured transactions involving movable property (excluding aircraft) and ships, must pay fees as follows:

1. From the effective date of this Circular until the end of December 31, 2020:

- In cases where agencies or units are requested to perform secured transaction registration, fees paid shall be 80% of the fees stipulated in Points a, b, d, Clause 1, Article 4 of Circular 202/2016/TT-BTC dated November 9, 2016, issued by the Minister of Finance, which prescribes the rate, policies, collection, submission, management, and use of fees in the field of secured transaction registration (hereinafter referred to as Circular 202/2016/TT-BTC); and 80% of the fees stipulated in Points c, d, Clause 1, Article 1 of Circular 113/2017/TT-BTC dated October 20, 2017, which amends and supplements several articles of Circular 202/2016/TT-BTC.

- In cases where agencies or units are requested to provide information on secured transactions involving movable property (excluding aircraft) and ships, fees paid shall be 80% of the fees stipulated in Clause 2, Article 4 of Circular 202/2016/TT-BTC.

During the effective period of this Circular, fees for secured transaction registration and providing information on secured transactions involving movable property (excluding aircraft) and ships, as stipulated in Points a, b, d, Clause 1; Clause 2, Article 4 of Circular 202/2016/TT-BTC and Points c, d, Clause 1, Article 1 of Circular 113/2017/TT-BTC, shall not be collected.

2. From January 1, 2021, onwards, fees for secured transaction registration and providing information on secured transactions involving movable property (excluding aircraft) and ships, shall be paid in accordance with the provisions of Points a, b, d, Clause 1; Clause 2, Article 4 of Circular 202/2016/TT-BTC and Points c, d, Clause 1, Article 1 of Circular 113/2017/TT-BTC.

More details can be found in: Circular 49/2020/TT-BTC effective from June 1, 2020.

Thu Ba

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