New charge rates of notary feesFrom March 15, 2012, the notary fees will be made as prescribed in joint circular No. 08/2012/TTLT-BTC-BTP issued by the Ministry of Finance and Ministry of Justice, replacing circular No.91/2008/TTLT-BTC-BTP dated October17, 2008.The Circular stipulates clear and specific guidelines on notarization of contracts on the transfer or donation of land use rights or the contribution of land use rights as capital (calculated based on the value of land-use rights); notarization of contracts on the sale/purchase or donation of other properties or contribution of other properties as capital (calculated based on the value of property); notarization of economic, commercial, investment and business contracts (calculated based on the value of contracts)… as follow:No.Value of property or value of contract/ transaction (VND)Charge rate (VND/case)1Under 50,000,00050,0002From50,000,000 to 100,000,000100,0003Over 1.00,000,000 to 1.000.000.0000.1% of the value of the property or value of the contract/ transaction4Over 1.000.000.000 to 3.000.000.000 1.000.000 + 0.06% of the amount of the value of property or value of the contract/ transaction exceeding 1.000.000.000 5Over 3.000.000.000 to 5.000.000.0002.2.000,000 + 0.05% of the amount of the value of property or value of the contract/ transaction exceeding 3.000.000.0006Over 5.000.000.000 to 10.000.000.0003.2.000.000 + 0.04% of the amount of the value of property or value of the contract/ transaction exceeding 5.000.000.0007Over 10.000.000.0005.2.000.000 + 0.03% of the amount of the value of property or value of the contract/ transaction exceeding 10.000.000.000 (the maximum rate is 10.000.000/case)Thus,joint circular No.08 stipulated seven levels of rateinstead ofthe 4 levels in CircularNo.91/2008/TTLT-BTC-BTPunder 100 VND million, from 100 VND millionto1 VND billionover 1 VND billionto5 VND billionandover 5 VND billion
In addition,Joint Circular No. 08also providesthenewchargesforthe notarization ofleaseland use rightsrenting, leasing, leasing the assetcalculated on totalrent).Specifically:No.Value of the contract/ transactions total rentRate (VND/case)1Under 50,000,00040,0002Between 50,000,000 and 100,000,00080,0003Over 1.00,000,000 to 1.000,000,0000,08% of the value of the property or value of the contract/ transaction4Over 1.000,000,000 to 3.000,000,000800,000 + 0.06% of the amount of the value of property or value of the contract/ transaction exceeding 1,000,000,000 5Over 3.000,000,000 to 5.000,000,0002.000,000 + 0.05% of the amount of the value of property or value of the contract/ transaction exceeding 3,000,000,000 6Over 5.000,000,000 TO 10.000,000,0003.000,000 + 0.04% of the amount of the value of property or value of the contract/ transaction exceeding 5,000,000,000 7Over 10.000,000,0005,000,000 + 0,03% of the amount of the value of property or value of the contract or transaction exceeding 10,000.000.000 (the maximum rate is 8,000,000/case)Notaries charge rates prescribed in this joint circular shall be uniformly applied to the notarial agencies and notarial officesITD
New charge rates of notary fees
06/02/2012
From March 15, 2012, the notary fees will be made as prescribed in joint circular No. 08/2012/TTLT-BTC-BTP issued by the Ministry of Finance and Ministry of Justice, replacing circular No.91/2008/TTLT-BTC-BTP dated October17, 2008.
The Circular stipulates clear and specific guidelines on notarization of contracts on the transfer or donation of land use rights or the contribution of land use rights as capital (calculated based on the value of land-use rights); notarization of contracts on the sale/purchase or donation of other properties or contribution of other properties as capital (calculated based on the value of property); notarization of economic, commercial, investment and business contracts (calculated based on the value of contracts)… as follow:
|
No. |
Value of property or value of contract/ transaction (VND) |
Charge rate (VND/case) |
|
1 |
Under 50,000,000 |
50,000 |
|
2 |
From 50,000,000 to 100,000,000 |
100,000 |
|
3 |
Over 1.00,000,000 to 1.000.000.000 |
0.1% of the value of the property or value of the contract/ transaction |
|
4 |
Over 1.000.000.000 to 3.000.000.000 |
1.000.000 + 0.06% of the amount of the value of property or value of the contract/ transaction exceeding 1.000.000.000 |
|
5 |
Over 3.000.000.000 to 5.000.000.000 |
2.2.000,000 + 0.05% of the amount of the value of property or value of the contract/ transaction exceeding 3.000.000.000 |
|
6 |
Over 5.000.000.000 to 10.000.000.000 |
3.2.000.000 + 0.04% of the amount of the value of property or value of the contract/ transaction exceeding 5.000.000.000 |
|
7 |
Over 10.000.000.000 |
5.2.000.000 + 0.03% of the amount of the value of property or value of the contract/ transaction exceeding 10.000.000.000 (the maximum rate is 10.000.000/case) |
Thus, joint circular No.08 stipulated seven levels of rate instead of the 4 levels in Circular No.91/2008/TTLT-BTC-BTP (under 100 VND million, from 100 VND million to 1 VND billion, over 1 VND billion to 5 VND billion and over 5 VND billion).
In addition, Joint Circular No. 08 also provides the new charges for the notarization of lease land use rights; renting, leasing, leasing the asset (calculated on total rent). Specifically:
|
No. |
Value of the contract/ transactions (total rent) |
Rate (VND/case) |
|
1 |
Under 50,000,000 |
40,000 |
|
2 |
Between 50,000,000 and 100,000,000 |
80,000 |
|
3 |
Over 1.00,000,000 to 1.000,000,000 |
0,08% of the value of the property or value of the contract/ transaction |
|
4 |
Over 1.000,000,000 to 3.000,000,000 |
800,000 + 0.06% of the amount of the value of property or value of the contract/ transaction exceeding 1,000,000,000 |
|
5 |
Over 3.000,000,000 to 5.000,000,000 |
2.000,000 + 0.05% of the amount of the value of property or value of the contract/ transaction exceeding 3,000,000,000 |
|
6 |
Over 5.000,000,000 TO 10.000,000,000 |
3.000,000 + 0.04% of the amount of the value of property or value of the contract/ transaction exceeding 5,000,000,000 |
|
7 |
Over 10.000,000,000 |
5,000,000 + 0,03% of the amount of the value of property or value of the contract or transaction exceeding 10,000.000.000 (the maximum rate is 8,000,000/case) |
Notaries charge rates prescribed in this joint circular shall be uniformly applied to the notarial agencies and notarial offices./.-ITD