Gradual Payment of Land Use Fees Allowed

The Government issued Decree No.120/2010/ND-CP on land use fees, under which households and individuals who are unable to pay fees at the time of issuance of the Land Use Right Certificate will be entitled to complete these obligations within a term of five years after the issuance.

 

The land use fee will be debited to the Land Use Right Certificate at a land price computed at the time of issuance. In case the payment is made after the term, land users must pay land use fees in accordance with the price that is computed at the time of payment.

 

Also according to this decree, organisations that have been allocated or leased land by the State before October 15, 1993 must pay 40 percent of the fee promulgated by the Provincial People's Committee.

 

This decree will come into force on March 1, 2011.