You may be trying to access this site from a secured browser on the server. Please enable scripts and reload this page.
Home
Internal
Deutsch
|
English
Insights "Quantitative Advisory – Your caring partner for complex valuation challenges" » |
Insights "Quantitative Advisory – Your caring partner for complex valuation challenges" » |
Worldwide
It looks like your browser does not have JavaScript enabled. Please turn on JavaScript and try again.
✕
Germany
Ansbach
Bayreuth
Berlin
Bielefeld
Chemnitz
Cologne
Dortmund
Dresden
Eschborn
Fuerth
Hamburg
Hanover
Herford
Hof
Jena
Mettlach
Munich
Nuremberg
Plauen
Regensburg
Selb
Stuttgart
Ulm
Worldwide
Algeria
Angola
Argentina
Australia
Austria
Azerbaijan
Bahrain
Belarus
Belgium
Bosnia and Herzegovina
Botswana
Brazil
Bulgaria
Cambodia
Canada
Chile
China
Colombia
Costa Rica
Croatia
Cyprus
Czech Republic
Denmark
Ecuador
Egypt
Estonia
Ethiopia
Finland
France
Georgia
Germany
Ghana
Greece
Hong Kong (S.A.R.)
Hungary
India
Indonesia
Ireland
Italy
Japan
Kazakhstan
Kenya
Kuwait
Latvia
Libya
Liechtenstein
Lithuania
Luxembourg
Malaysia
Malta
Mauritius
Mexico
Moldova
Mongolia
Morocco
Mozambique
Myanmar
Namibia
Netherlands
New Zealand
Nigeria
North Macedonia
Norway
Oman
Pakistan
Paraguay
Peru
Philippines
Poland
Portugal
Qatar
Romania
Saudi Arabia
Serbia
Singapore
Slovakia
Slovenia
South Africa
South Korea
Spain
Sweden
Switzerland
Taiwan
Tajikistan
Tanzania
Thailand
Tunisia
Turkey
Uganda
Ukraine
United Arab Emirates
United Kingdom
Uruguay
USA
Uzbekistan
Vietnam
Zambia
Own offices of Rödl & Partner
German Professional Services Alliance -
GPSA
(Colours appear during mouseover)
We use cookies to personalise the website and offer you the greatest added value. They are, among other purposes, used to analyse visitor usage in order to improve the website for you. By using this website, you agree to their use. Further information can be found in our
data privacy statement
.
Insights
Services
Expertise from a single source
Rödl & Partner is excellently positioned with each individual service line. Based on this and using our interdisciplinary skills we guarantee our clients a special added value from the seamless combination of the services we provide.
Our service lines
As attorneys, tax advisers, management and IT consultants and auditors, we are present with 110 own offices in around 50 countries. Worldwide, our clients trust our more than 5.800 colleagues.
Legal advisory
Tax consulting
Business Process Outsourcing
Management and IT consulting
Audit services
Interdisciplinary services
MERGERS & ACQUISITIONS
The strength of Rödl & Partner lies in comprehensive advisory by interdisciplinary teams not only in the case of transaction advisory, nationally and internationally in 110 locations worldwide.
Succession advisory
Rödl & Partner assists you with organising and implementing company succession solutions in line with your expectations, wishes and needs. In this process, we provide comprehensive legal, tax and business advisory.
Mergers & Acquisitions
Newsletter M&A Dialogue
The newsletter M&A Dialogue informs you about current topics in the area of Mergers & Acquisitions and capital markets law.
Completed deals
Transaction advisory is interdisciplinary teamwork. We are committed to being one of the leading M&A advisors for the German Mittelstand.
Who we advise
Media
Newsletters
Stay informed on the latest developments with our comprehensive international newsletters, from Africa to Vietnam.
Virtual reality tours
Get to know us virtually and experience our working atmosphere and core brand values up close. We offer you exciting insights into the world of Rödl & Partner by using 360 degree technology.
Virtual reality tours
Publications
Good to know
Newsletters
Brochures
Investment guides
Books
Download centre
Releases
Completed deals
Media contacts
Facts and figures
About us
Entrepreneurial spirit and values
Our brand does not only consist of a logo, but also defines our unique selling propositions and our business model through our brand DNA.
Factbook
We will introduce ourselves and take you to the core of our professional services firm, tell you where we come from, how we think, how we feel, and communicate our vision of the future. Together with you.
Facts and figures
Sustainability
Entrepreneurial spirit and values
Factbook
Managing Partners
Founder Dr. Bernd Rödl
Locations worldwide
Social responsibility
Project Fundus
Read more about the previous projects of the Rödl Employee Fund for Children’s Aid in our project fund.
Rödl Employee Fund for Children’s Aid
Partner cities: Kharkiv-Nuremberg
Family and career
Awards
Digital Agenda
Careers
Insights
New Decree regulating the implementation of the Law on Real Estate Business
ASEAN
ASEAN Forum
Digital Agenda
E-Invoicing
Insights
Currently selected
Recent
Alle Kolumnen
Altersvorsorge
Antitrust Law
AOA
Artikelserie im OMV Fokus
ASEAN
Assurance & IT in der Gesundheits- und Sozialwirtschaft
Aufsichtsrecht
Außenwirtschaft und Zoll
BilRUG und weitere Reformen
International Expert Roundtable
New Decree regulating the implementation of the Law on Real Estate Business
Page Content
On 6 January 2022, the Government issued Decree No. 02/2022/ND-CP providing the implementation of the Law on Real Estate Business 2014 ("Decree 02") which will take effect from 1 March 2022. The purpose of Decree 02 is to facilitate investment into the real estate sector while simultaneously assuring greater transparency.
We would like to bring to your attention the following crucial changes introduced by Decree 02:
Removal of regulation on legal capital applicable for real estate business
Previously, the companies engaging in real estate business had to surpass the official minimum legal capital requirement of VND 20 billion. Decree 02 abolishes the requirement of affixed minimum legal capital and replaces it with regulations under which the minimum capital requirement depends on the size of the project site as well as on the level of investment. Accordingly, to develop a real estate project, the investor must have equity of (i) not less than 20 percent of the total investment capital for projects using less than 20 hectares of land; or (ii) not less than 15 percent of the total investment capital for projects using 20 hectares or more.
New issuance of standard contractual templates for real estate transactions
Unlike the old regulations under which templates were only a reference or starting point for the negotiation of the parties, Decree 02 now clearly introduces the requirement to draft certain contracts in accordance with the standard contracts provided by the government as attachments to Decree 02, including the form of the contract as well as key terms and conditions therein. The types of contracts which fall under this new requirement include, among others, sale and purchase of real estate, lease and sublease of real estate, lease purchase of real estate and transfer of real estate projects.
New conditions for conducting real estate business and transfer of real estate projects
The Decree 02 further requires that certain information about the real estate company must be publicized, such as corporate information, mortgage information, quantity and types of real estate products to be traded, sold or transferred as well as other products. Any change to the publicized information must be publicly updated without delay.
Furthermore, it has now been clarified that the Law on Investment 2020 only applies on a transfer of a project, if the project has approved investors (as prescribed in the Law on Investment 2020) or the project has been granted an Investment Registration Certificate. The relevant authority would then be the Department for Planning and Investment. Otherwise, the People’s Committee will be responsible and the regulations of Law on Real Estate Business will apply.
Another important improvement is that Decree 02 defines the responsibilities of the relevant authorities in charge of collecting opinions and contents of required appraisal opinions to be collected in more detail. This also includes a timeline for the opinion collection process, which facilitates planning of the process and helps the involved parties to estimate the milestones for the transaction.
From The Newsletter
Newsflash ASEAN
Contact
Michael Wekezer
Partner
+84 28 7307 2788
Send inquiry
How We Can Help
R
ö
dl & Partner in ASEAN
Rödl & Partner in Vietnam
Turn on more accessible mode
Turn off more accessible mode
Skip Ribbon Commands
Skip to main content
Turn off Animations
Turn on Animations
Deutschland
Weltweit
Search
Menu