Hanoi-Vietnam: Increase in the fees for authentication of signatures and contracts

This is the content mentioned in the Draft Circular providing guidance on collection, payment, management, and use of authentication fees issued by the Vietnam Minister of Finance.

According to the Draft, organizations and individuals requesting certification of true copies from the originals, signature authentication at notary bureaus and notary offices; organizations and individuals requesting certification of true copies from the originals, signature authentication, authentication of contracts and transactions at the People's Committees of communes, wards, towns, and Justice Divisions of the People's Committees of districts, townships, provincial cities must pay authentication fees in Vietnam.

Individuals and households applying for loans granted by credit institutions to serve agricultural and rural development according to the regulations in Decree 55/2015/ND-CP are not required to pay authentication fees for mortgage contracts.

Authentication fee rates

No. Fee Description Proposed rates per Draft

Current rates

(Joint Circular No. 158/2015/TTLT-BTC-BTP)

1 Fee for certification of true copies from originals

2,000 VND/page.

From the third page onward, 1,000 VND/page, a maximum fee of 200,000 VND/copy.

Pages are counted based on the number of pages in the original

2,000 VND/page.

From the third page onward, 1,000 VND/page, a maximum fee of 200,000 VND/copy.

2 Fee for signature authentication

20,000 VND/case.

A case is understood as one or several signatures on the same document.

10,000 VND/case (a case is counted as one or several signatures on the same document).
3 Fees for authentication of contracts, and transactions:    
a Authentication of contracts, and transactions 100,000 VND/contract, transaction 30,000 VND/contract, transaction
b Authentication of modifications, supplements, cancellations of contracts, and transactions 50,000 VND/contract, transaction 20,000 VND/contract, transaction
c Correction of errors in certified contracts, and transactions 50,000 VND/contract, transaction 10,000 VND/contract, transaction

Thus, the proposed fee rates for authentication of signatures and contracts have increased compared to the current rates.

At the same time, the fee collector only has to rebmit 50% of the collected fees to the state budget. The remaining 50% is used to cover the expenses as regulated in the guiding Decree of the Law on Fees and Charges. According to current regulations, the fee collector remits 100% of the total collected fees to the state budget.

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