Question

Answer

Term for land allocation or land lease to foreign-invested enterprises in Vietnam ?

Land used for limited term applicable to foreign invested enterprises in Vietnam:

The term for land allocation or land lease to foreign-invested enterprises for implementing investment projects in Vietnam, shall be considered and decided on the basis of the investment projects or applications for land allocation or land lease, but must not exceed 50 years.

For large investment projects with slow recovery of capital, projects in areas with difficult socio-economic conditions or with especially difficult socio-economic conditions which require a longer term, the term of land allocation or land lease must not exceed 70 years.

For projects on construction of houses for sale or for a combination of sale and rent or for lease purchase, the land use term shall be determined in accordance with the duration of the project. Those who buy houses associated with land use rights may use land for a long and stable term.

At the expiry of the term, if the land users still have land use needs, the State shall consider an extension which must not exceed the term prescribed in this Clause (Clauses 3 Article 126 Law on Land No. 45/2013/QH13 dated 11/29/2013)./.

Related topics:

Forms of land use for foreign invested enterprises in Vietnam

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DMS Lawfirm in Vietnam
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(Signed)
Lawyer Do Minh Son