The Circular No. 45/2017/TT-BTC on bracket of property auction fees in accordance with the Law on property auction issued on May 12, 2017 by the Ministry of Finance of Vietnam takes effect from July 01, 2017. According to this Circular, from July 01, the minimum auction fee applicable to a property auction contract is VND 1,000,000 per contract.
The Ministry of Finance of Vietnam issued Circular No. 45/2017/TT-BTC, which deals with the bracket of property auction fees (hereinafter referred to as fee bracket) prescribed in Clause 1, Article 66 of the Law on property auction.
According to Circular No. 45/2017/TT-BTC on bracket of property auction fees in accordance with the Law on property auction recently issued by the Ministry of Finance of Vietnam, from July 01, minimum fee applicable to a property auction contract is VND 1,000,000 per contract.
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