Decision No. 2093/QD-TTg dated November 23, 2011 of the Prime Minister reducing land rents for some economic organizations in 2011-2012
Article 1. To reduce in 2011-2012 50% of land rents for economic organizations operating in the manufacture sector (excluding trading and service organizations) which are renting land with annual rent payment and must in 2011-2012 determine land rent rates under the Government’s Decree No. 121/2010/ND-CP of December 30, 2010, amending and supplementing a number of articles of the Government’s Decree No. 142/2005/ND-CP of November 14, 2005, on collection of land rents and water surface rents, if they fully satisfy the conditions specified in Article 2 of this Decree. These organizations include:
- Economic organizations that are due to re-determine land rent rates for a new stabilization period;
- Economic organizations whose land rent exemption duration expires and are due to determine payable land rents;
- Economic organizations that used land before March 1, 2011, are temporarily paying land rents but must determine payable land rents as from March 1, 2011.
After being reduced under this Article, the land rent amount must not be lower than the payable amount for 2010 (with the same land use purpose and area calculated for rent payment). If the land rent amount after reduction is still double those payable for 2010, an economic organization may enjoy another reduction for 2011-2012 at a level double the payable amount for 2010.
Article 2. Conditions for enjoying land rent reduction
1. Using leased land for proper purposes under the land law.
2. Having the land rent amount re-determined under the Government’s Decree No. 121/2010/ND-CP of December 30, 2010, double the payable land rent amount for 2010 or higher (with the same land use purpose and area calculated for rent payment).
Article 3. Pursuant to Articles 1 and 2 of this Decision, to assign chairpersons of provincial-level People’s Committees to reduce land rents according to the Government’s Decrees No.........
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