From November 1, 2024, regulations on percentage rates to calculate land rental prices

Kinhtedothi – Hanoi People's Committee has issued Decision No. 62/2024/QD-UBND on regulating the percentage (%) to calculate land rental price, the percentage (%) collected for land for underground construction, and the percentage (%) collected for land with water surface in Hanoi.

Accordingly, the percentage (%) for calculating the annual land rental price is 2% of the land price for calculating land rental for cases where the purpose of using rented land is for business premises in the trade and service sectors (excluding cases of renting land for market purposes); renting land for the underground construction area exceeding the above-ground area attached to the underground part of the above-ground construction for parking in the premises of an apartment building or in a mixed-use office, trade and service building and residential apartment building (land for building an expanded basement).

In case the purpose of using the leased land is as a headquarters or independent office (not attached to a construction for production or business): The percentage (%) for calculating the annual land rental price is 1.4% of the land price for calculating land rental fee.

In case of land lease by competent authority to build infrastructure for transfer or lease land with infrastructure according to the provisions of law (excluding the case of leasing assets attached to land); land lease for internal roads, flower gardens, serving apartment buildings in urban areas (not used for business services); land lease for market purposes; land lease for the area of underground construction exceeding the area above ground attached to the underground part of the above ground construction for parking in the premises of apartment buildings or in mixed-use office, commercial service and residential apartment buildings (land for building expanded basement): The percentage (%) for calculating the annual land rental price is 1% of the land price for calculating land rental.

In case of being on the List of investment incentive industries and trades; special investment incentive industries and trades, areas with difficult socio -economic conditions, areas with especially difficult socio-economic conditions, implementation shall comply with the provisions of the law on investment; land used for agricultural, forestry and aquaculture production purposes: The percentage (%) for calculating the annual land rental price is 0.5%.

For underground works used for parking lots and technical infrastructure purposes: In case of land lease with annual land rent payment: The land rental price is 10% of the surface land rental price with the form of land lease with annual land rent payment for the same land use purpose. In case of land lease with one-time land rent payment for the entire lease period: The land rental price is 10% of the surface land rental price with the form of land lease with one-time land rent payment for the entire lease period with the same land use purpose and land use term.

For underground works used for other purposes: In case of land lease with annual land rent payment: The land rental price is 30% of the surface land rental price with the form of land lease with annual land rent payment for the same land use purpose. In case of land lease with one-time land rent payment for the entire lease period, the land rental price is 30% of the surface land rental price with the form of land lease with one-time land rent payment for the entire lease period with the same land use purpose and land use term.

For the land area with water surface, the annual land rental price, the one-time land rental price for the entire rental period is calculated at 50% of the annual land rental price or the one-time land rental price for the entire rental period of the land type located adjacent to the land area with the assumption of having the same land use purpose and land use term as the land area with water surface.

In cases of land lease, land lease with water surface, land lease for underground construction before the effective date of this Decision and during the period of land lease price stabilization, the land lease price will continue to be stabilized until the end of the stabilization period.

This Decision comes into force from November 1, 2024.

Source: https://kinhtedothi.vn/tu-1-11-2024-quy-dinh-muc-ty-le-phan-tram-de-tinh-don-gia-thue-dat.html