Reduction of Notarization Fees for Auction Asset Purchase Agreements from December 11

12:37, 11/07/2024

Circular 111/2017/TT-BTC amending and supplementing Circular 257/2016/TT-BTC stipulating the rate of collection, policies on collection, submission, management, and use of notarization fees; authentication fees; fees for appraising standards and conditions for notary practice; fees for appraising conditions for the operation of Notary Offices; and the fee for issuing Notary Public cards.

The fees for notarizing auctioned asset sale contracts (calculated on the value of the sold assets) are as follows:

- Asset value below VND 5 billion: the fee is VND 90,000 per case (the current fee is VND 100,000).- Asset value from VND 5 billion to below VND 20 billion: the fee is VND 270,000 per case (the current fee is VND 300,000).- Asset value above VND 20 billion: the fee is VND 450,000 per case (the current fee is VND 500,000).

See details in Circular 111/2017/TT-BTC effective from December 11, 2017.

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