New collection rates for land use fees and water surface rental fees in Economic Zones

DNUM_AHZAEZCABH 06:56

Decree 35/2017/ND-CP regulating the collection of land use fees, land rent, and water surface rent in Economic Zones and High-tech Zones has just been issued by the Government.

In particular, the determination of land use fees for cases where the State allocates land with land use fees, changes land use purposes or receives land use rights transfer in Economic Zones to implement investment projects to build commercial housing for sale or for sale combined with leasing according to planning; is allocated residential land by the State, recognizes residential land use rights, and allows land use purpose change to residential land for households and individuals in Economic Zones to comply with the provisions of Decree 45/2014/ND-CP dated May 15, 2014 of the Government on land use fees and amendments and supplements (if any).

Determination of land rent in Economic Zones

The Decree specifically regulates the determination of land rent in Economic Zones. Accordingly, in cases where the State leases land with annual payment without going through an auction as prescribed by law, the annual land rent unit price is determined by multiplying the percentage (%) by (x) the specific land price to calculate the land rent.

>>Download Decree 35/2017/ND-CP here

KCN, đô thị - dịch vụ VSIP Nghệ An thuộc Khu kinh tế Đông Nam, có tổng diện tích 750ha. Chủ đầu tư cho biết, sẽ lấp đầy trong khoảng 3 - 4 năm. Đây được xem là KCN trọng điểm, đầu tàu của Nghệ An trong việc thu hút đầu tư.
VSIP Nghe An Industrial Park, Urban Area - Service Area belongs to the Southeast Economic Zone, with a total area of ​​750 hectares. The investor said that it will be filled in about 3 - 4 years. This is considered a key industrial park, the locomotive of Nghe An in attracting investment. Illustrative photo.

In which, the percentage for calculating land rental price is from 0.5-3%. The People's Committees of provinces and centrally-run cities shall specify each land location, area, and route corresponding to each land use purpose according to the planning approved by competent state agencies and publicly announced during the implementation process.

The land rental price for land lease with annual rental payment not through auction shall be stable for 5 years from the date the Economic Zone Management Board decides to lease the land or the Provincial People's Committee decides to lease the land. After the stabilization period, the Economic Zone Management Board shall adjust the land rental price applicable for the following period according to the policy and land price at the time of adjustment.

In case the State leases land and pays the land rent at once for the entire lease term without going through an auction as prescribed by law, the land rent price collected at once for the entire lease term is the specific land price corresponding to the land lease term.

The Decree also specifically regulates cases where the State leases land through auctions in accordance with the provisions of law; determines land rent in cases where the State leases land with water surface in Economic Zones.

Water surface rental price frame in Economic Zone

The price range for renting water surface in the Economic Zone for water surface not covered by the provisions of Article 10 of the Land Law is stipulated as follows: From 20-300 million VND/km2/year for projects using fixed water surface; from 100-750 million VND/km2/year for projects using non-fixed water surface.

Based on the above water surface rental price framework, the Provincial People's Committee decides the water surface rental price of each project as the basis for the Economic Zone Management Board to notify the water surface rental amount to be paid.

The Decree takes effect from June 20, 2017.

» Nghe An parishioners expose the corruption of priest Nguyen Dinh Thuc

According to Hoang Dien/chinhphu.vn

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New collection rates for land use fees and water surface rental fees in Economic Zones
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