Reduce land and water surface rent for subjects affected by COVID-19 pandemic

Accordingly, the land rent and water surface rent payable in 2022 will be reduced by 30% for land and water surface renters as prescribed in Article 2, Decision 01/2023/QD-TTg. The reduction will not be applied to the outstanding land rent and water surface rent of years prior to 2022 and late payment fees (if any).

The above reduction in land and water surface rent is calculated based on the land and water surface rent payable in 2022 according to the provisions of law.

30% reduction in land and water surface rent payable in 2022 for land and water surface renters. In the photo: Shrimp farming on sand in Dien Trung commune (Dien Chau). Photo: Thu Huyen

In case the land and water surface lessee is receiving a reduction in land and water surface rent according to regulations or/and deduction of compensation and site clearance according to regulations of law on land and water surface rent, the 30% reduction in land and water surface rent is calculated on the amount of land and water surface rent payable (if any) after being reduced or/and deducted according to regulations of law.

Regarding procedures: Land and water surface lessees shall submit 01 set of documents requesting a reduction in land and water surface rent (by electronic means or other means) to the tax authority, the Economic Zone Management Board, the High-tech Zone Management Board, and other agencies as prescribed by law from January 31, 2023 to March 31, 2023.

The reduction in land and water surface rents as prescribed in Decision No. 01/2023/QD-TTg shall not be applied to cases where land and water surface renters submit their applications after March 31, 2023.

Decision No. 01/2023/QD-TTg takes effect from January 31, 2023.