Circular 49/2020/TT-BTC fees for registration of secured transactions

CIRCULAR

On prescribing the rates and remittance of charges in registration of secured transactions

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Pursuant to the Law on Charges and Fees dated November 25, 2015;

Pursuant to the Government’s Decree No. 87/2017/ND-CP dated July 26, 2017, on defining the functions, tasks, powers and organizational structure of the Ministry of Finance;

Pursuant to the Prime Minister’s Directive No. 11/CT-TTg dated March 04, 2020 on urgent tasks and solutions to remove difficulties for production and business, ensure social security in response to the COVID-19 epidemic;

At the proposal of the Director of the Tax Policy Department;

The Minister of Finance hereby promulgates the Circular on prescribing the rates and remittance of charges in registration of secured transactions.

Article 1. The rates and remittance of charges in registration of secured transactions

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:

1. From the effective date of this Circular to the end of December 31, 2020:

a) 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 dated November 09, 2016 of the Minister of Finance on  rates and collection, remittance, management and use of charges in registration of secured transactions (hereinafter referred to as 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 dated October 20, 2017 on amending and supplementing a number of articles of the Circular No. 202/2016/TT-BTC (hereinafter referred to as the Circular No. 113/2017/TT-BTC).

b) 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.

c) During the effective period of this Circular, the charge rates for registration of secured transactions and the charge rates for provision of information on secured transactions in movable property (other than aircraft) or seagoing ship as prescribed in Points a, b and d, Clause 1; Clause 2, Article 4 of the Circular No. 202/2016/TT-BTC and Points c and dd, Clause 1, Article 1 of the Circular No. 113/2017/TT-BTC shall not be applied.

2. From January 01, 2021, the charge rates for registration of secured transactions and the charge rates for provision of information on secured transactions in movable property (other than aircraft) or seagoing ship as prescribed in Points a, b and d, Clause 1; Clause 2, Article 4 of the Circular No. 202/2016/TT-BTC and Points c and dd, Clause 1, Article 1 of the Circular No. 113/2017/TT-BTC shall be applied.

Article 2. Effect

1. This Circular takes effect from June 01, 2020 to the end of December 31, 2020.

2. Provisions on scope of regulations, subjects of application, charge payers, charge collectors; declaration and remittance of charge; management and use of charge; documents on the charge collection, publicity of charge collection regimes and other relevant regulations that are not prescribed in this Circular shall comply with the Circular No. 202/2016/TT-BTC.

3. Any problem arising in the course of implementation should be promptly reported to the Ministry of Finance to consideration and additional guidance./.