Decision No. 25/2023/QD-TTg dated October 03, 2023 of the Prime Minister on reduction of land rental for 2023
On October 03, 2023, the Prime Minister issues Decision No. 25/2023/QD-TTg on reduction of land rental for 2023.
1. Subject entitled to land rental reduction include: Organizations, units, enterprises, households and individuals directly leasing land from the State with annual land rental payment under competent state agencies’ decisions or contracts or certificates of land use rights and ownership of houses and other land-attached assets.
2. This regulation applies to land lessees ineligible for land rental exemption or reduction, land lessees whose land rental exemption or reduction period expires, and land lessees eligible for land rental reduction as specified in the land law (the Land Law and its detailing documents) and other relevant laws.
3. To reduce payable (receivable) land rental by 30% for 2023 for land lessees specified in Article 2 of this Decision; not to reduce land rentals based on the remaining land rental amounts of the years preceding 2023 and late-payment interests (if any).
In case a land lessee is entitled to the prescribed land rental reduction, and/or the reduction of expenses for compensation and ground clearance as prescribed by the law on land rentals, a 30% reduction of land rental shall be calculated based on the land rental amount he/she/it has to pay (if any) after being eligible for the prescribed current land rental reduction and/or compensation and ground clearance deduction.
This Decision takes effect from November 20, 2023.