On November 19, 2020, the Government issues the Resolution No. 172/NQ-CP on notarial profession development policies.
The notarial profession development policies include the following contents: Upon request of individuals and organizations, to implement interoperability on a pilot basis with regard to procedures for notarization, registration of use rights of land and land-attached assets, and taxes with a view to saving time and costs in performance of administrative procedures for individuals and organizations, thus helping detect and prevent sham transactions or legalization of illegal transactions and avoid loss of state budget revenues.
The Government also requests to strictly verify dossiers of request for establishment of notary offices and dossiers of request for relocation of notary offices from a district-level locality to another, preventing unfair competition and affected the sustainable development of the notarial profession, which are likely to make some notarial practice organizations and notaries violate law and, at the same time, make it impossible to satisfy the demand for notarization of contracts and transaction agreements of individuals and organizations in rural districts and areas far from central areas.
In addition, it is required to shift notary bureaus satisfying law-specified conditions to operate under the autonomy and accountability mechanism according to the roadmap whereby the State allocates funds for definite-term operation of these bureaus in accordance with Resolution No. 19-NQ/TW.
This Resolution takes effect on the signing date.