Requirements
1.
Notice on payment of land lease (Simple copy)
This copy should be certified as true copy by the company/investor by putting the company's/investor's seal on the upper left corner of the first page.
Time frame
Waiting time in queue:
Max. 15mn
Attention at counter:
Min. 10mn - Max. 15mn
Legal justification
1.
Law on State Budget No. 01/2002/QH11 dated 16 Dec 2002_EN
Article 54.3
2.
Decree No. 142/2005/ND-CP dated 14 Nov 2005_EN
Article 21
3.
Circular No. 94/2011/TT-BTC dated 29 June 2011_EN
Article 8.1.1
4.
Decree No. 60/2003/ND-CP dated 06 June 2003_EN
articles 2.6, 47
5.
Decree No. 83/2013/ND-CP dated 22 July 2013_EN
Article 26
6.
Circular No. 128/2008/TT-BTC dated 24 Dec 2008_EN
Article B.I.1;B.II.1
7.
Circular No. 156/2013/TT-BTC dated 06 Nov 2013_EN
Article 28
Additional information
As a condition for issuing Land Use Right Certificate (LURC), investor/company is required to pay land rental.
The payment could be made in cash at any transaction office of Treasury State in Vinh Phuc province. Accordingly, company shall submit the notice on payment for land lease at the counter before proceeding to pay land rental.
For convenience, investor/company could pay land rental by wire transfer instead of in cash by using the State budget collection service of any commercial bank in Vinh Phuc province. To learn more about and register for this service, please contact the bank where the company’s account has been opened.
Here we have documented the procedure of Vinh Yen State Treasury Transaction Office for reference only.
List of transaction offices of State Treasury
Land rental rate applicable to one project shall be kept unchanged for the first 05 years. When this stabilization 5-year period phases out, the land lease contract will be adjusted with adjusted land rental rate applicable to the subsequent (often five years) period. In such case, the land rental rate is re-calculated based on the land value determined by provincial People’s Committee and market transfer value of land under normal conditions in that period of time.
In case the land rental rate is not adjusted or published officially by a written decision at the end of the stabilization period because of certain reason(s), the rental rate shall continue being applied for the subsequent period in temporary manner i.e. when the adjusted rental rate is issued by a competent authority, this new rate shall be retrospectively applied; Thus, the investor/company shall have to pay the unpaid amount out of the total payable amount due for the subsequent period.