red-check Law on real estate trading 2015

Law No. 66/2014/QH13status2 dated November 25, 2014 of the National Assembly on real estate trading
Posted: 9/12/2014 12:46:54 PM | Latest updated: 24/8/2022 11:08:35 AM (GMT+7) | LuatVietnam: 3629 | Vietlaw: 180

This Law stipulates real estate trading, rights and obligations of organizations and individuals to conduct real estate trading and state management of real estate trading.

According to Article 10 of this Law, enterprises conducting real estate trading must have legal capital not smaller than VND 20 billion, increased by VND 14 billion in comparison with the former level

Regarding the scope of real estate trading, this Law adds more forms of trading real estate for FDI enterprises. The additional forms include:

- Rent buildings for sublease;

- Receive total or a part of real estate project from investors to build buildings on it for sale, for lease, or for lease purchase;

- Build buildings on land which is leased out or transferred in industrial parks, industrial complexes, export-processing zones, hi-tech zones, or economic zone for trading for the proper land use.

This Law takes effect from July 1, 2015 and replaces Law on real estate trading No. 63/2006/QH11status1 .

Ms. Phuong Thao (
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Effective Date 1-Jul-2015
ExpiredDate Unknown
Published Vietlaw's Newsletter No. 180

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