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Q&A - Foreign Investment

Shall I have to pay tax on the transfer? How shall the tax be calculated, if any?

Question:

I entered into a contract to purchase an apartment with an apartment-building company. I have paid 70% of the contract price to the seller. Now I want to transfer the purchase contract. Shall I have to pay tax on the transfer? How shall the tax be calculated, if any?

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May we set up a real estate trading floor by ourselves? Could you tell me about conditions for setting up a real estate trading floor?

Question:

Our company is intending to invest into some real estate projects in Hanoi. We understand that we shall have to sell or rent the apartments via a real estate trading floor. May we set up a real estate trading floor by ourselves? Could you tell me about conditions for setting up a real estate trading floor?

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Do we have to arrange for the notarization of our lease contracts?

Question:

We have a complex building which include both apartments and office for lease. Now, we are planning to sign lease contracts with clients. Do we have to arrange for the notarization of our lease contracts?

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Please provide us with basic regulations in relation with this issue

Question:

Our company is completing the construction of a building for rent and sale. We are preparing and establishing the service fee schedule of the building that covers fees of car parking, elevator, cleaning… Please provide us with basic regulations in relation with this issue.

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Can we purchase the building for doing hotel business and business of office for lease?

Question:

We, a foreign company, intend to purchase an office and hotel building which has completely been developed by a foreign owned company in Vietnam. The foreign owned company is leased land by the State with payment of annual rent. Can we purchase the building for doing hotel business and business of office for lease?

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