TO REDUCE 20% OF THE CHARGE RATE FOR REGISTRATION OF SECURED TRANSACTIONS UNTIL THE END OF 2020
On June 01, 2020, the Ministry of Finance promulgates the Circular No. 49/2020/TT-BTC on prescribing the rates and remittance of charges in registration of secured transactions.
Accordingly, an organization or a person that requests for registration of secured transactions, provision of information on secured transactions in movable property (other than aircraft) or seagoing ship shall pay charges as follows:
Firstly, from June 01, 2020 to the end of December 31, 2020, for case of requesting agencies and units for carrying out the work of registration of secured transactions, the charge rate to be remitted shall be equal 80% of the charge rates specified in Points a, b and d, Clause 1, Article 4 of the Circular No. 202/2016/TT-BTC and 80% of the charge rates specified in Points c and dd, Clause 1, Article 1 of the Circular No. 113/2017/TT-BTC.
Next, for case of requesting agencies and unit for providing information on secured transactions in movable property (other than aircraft) or seagoing ship, the charge rates to be remitted shall be equal 80% of the charge rates specified in Clause 2, Article 4 of the Circular No. 202/2016/TT-BTC.
This Circular takes effect from June 01, 2020 to the end of December 31, 2020.
