HCMC – The Ministry of Finance has proposed extending a 30% reduction in land rent for 2025 to support economic growth, curb inflation, and maintain fiscal stability.
The ministry is seeking public feedback on a draft Government decree outlining the proposed reduction, according to the Government news site.
Under the draft decree, eligible beneficiaries include land users under the Land Law who lease land directly from the state, pay rent annually, and hold valid documents in 2025.
This applies even to those not entitled to exemptions or reductions or whose exemption period has expired. It also covers agencies processing land rent reduction applications and other relevant organizations and individuals.
The proposed 30% reduction will be based on the land rent payable in 2025 and will not apply to outstanding debts from previous years or late payment penalties.
If a land user has already received a reduction or deduction for compensation and site clearance costs, the 30% cut will be applied to the remaining amount after those deductions.
To apply, land users must submit a request form for the 2025 land rent reduction (original copy) along with a copy of their land lease decision, lease contract, or land use rights certificate.
Applications must be submitted through the designated channels, and authorities will review and process them within 30 days. Once approved, the competent authority will determine the reduction amount and issue a decision accordingly.
