Authored by the expert who managed and guided the team behind the Vietnam Property Pack
Everything you need to know before buying real estate is included in our Vietnam Property Pack
Property taxes and fees in Quang Ninh follow Vietnam's national framework with specific provincial adjustments that directly impact your total investment cost. As of September 2025, buying a 100-square-meter apartment in Ha Long City at 5 billion VND triggers VAT, registration fees, maintenance funds, and ongoing land taxes that add approximately 13-15% to your purchase price.
Understanding Quang Ninh's property tax structure requires examining official land price lists, K coefficients, and the exact calculation methods used by local tax authorities. This comprehensive breakdown covers every fee from initial purchase through ongoing ownership and eventual resale, using concrete examples from Ha Long City's current market conditions.
If you want to go deeper, you can check our pack of documents related to the real estate market in Vietnam, based on reliable facts and data, not opinions or rumors.
Property purchases in Quang Ninh involve multiple taxes and fees including 10% VAT for new builds, 0.5% registration fees, 2% maintenance funds, and annual land taxes ranging from 0.03% to 0.15% of official property value.
Total upfront costs typically add 13-15% to the purchase price, with ongoing annual expenses around 2-4% of property value depending on location and management fees.
| Fee Type | Rate/Amount | Example (5 billion VND property) |
|---|---|---|
| VAT (New Build) | 10% of property price | 500,000,000 VND |
| Registration Fee | 0.5% of property value | 25,000,000 VND |
| Maintenance Fund | 2% of contract price | 100,000,000 VND |
| Notarization Fees | 0.1% + fixed costs | 6,000,000 VND |
| Annual Land Tax | 0.03%-0.15% official value | 2,500,000 VND/year |
| Management Fees | 8,000-20,000 VND/m²/month | 1,200,000 VND/month |
| Rental Income Tax | 10% combined (5% VAT + 5% PIT) | 2,000,000 VND/month (20M rent) |
Can we use a specific property example to calculate all taxes and fees in Quang Ninh?
Yes, using a concrete baseline ensures accurate calculations for all property taxes and fees in Quang Ninh.
The baseline example: A Vietnamese buyer purchasing a new-build apartment (100 square meters) in central Ha Long City, Quang Ninh, at an agreed price of 5,000,000,000 VND (50 million VND per square meter). This specific address, price point, and buyer profile will be used consistently across all tax and fee calculations.
This Ha Long City location represents typical property transactions in Quang Ninh's urban core. The 50 million VND per square meter price reflects current market rates for quality new developments in prime areas. All subsequent calculations reference this specific scenario to provide precise VND amounts rather than theoretical percentages.
Using this standardized example eliminates confusion about which tax rates apply and ensures every fee calculation matches real-world purchase scenarios in Quang Ninh as of September 2025.
What are the official land price lists and K coefficients used in Quang Ninh tax calculations?
Quang Ninh's official land price system combines provincial price lists with annually-adjusted K coefficients that determine taxable values for fee calculations.
The provincial land price list for residential areas in Ha Long City ranges from 20-25 million VND per square meter for urban wards. This official price serves as the baseline for various tax calculations, though it typically runs 25-50% below actual market values. The specific ward location affects the exact price bracket applied.
The K coefficient (hệ số điều chỉnh giá đất) adjusts the official price closer to market levels, with prime Ha Long districts using K factors between 1.2-1.5 as of 2025. For our example property, the calculation would be: 25 million VND/m² × 100 m² × 1.5 = 3,750,000,000 VND for official land value purposes.
This official land value of 3.75 billion VND becomes the taxable base for land-use fees, transfer costs, and annual land tax calculations. The K coefficient gets updated annually by provincial authorities based on market conditions and infrastructure development in specific districts.
What is the exact VAT calculation for new-build purchases in Quang Ninh?
New-build properties in Quang Ninh are subject to 10% VAT on the full purchase price unless land value is separately itemized in the developer contract.
VAT applies at 10% for commercial housing purchases, with the tax base typically including the entire property price when land value isn't broken out separately. Payment occurs in stages according to the construction milestones specified in the purchase contract, not as a lump sum at completion.
For our 5 billion VND example: 5,000,000,000 VND × 10% = 500,000,000 VND total VAT. This amount gets divided across payment milestones—typically 30% at contract signing, 40% at roof completion, and 30% at handover. Each payment stage triggers the corresponding VAT obligation.
Developers must include VAT in their advertised prices, so the 5 billion VND represents the VAT-inclusive price. The actual base price would be approximately 4.55 billion VND with 450 million VND VAT added.
It's something we develop in our Vietnam property pack.
How much is the registration fee for property purchases in Quang Ninh?
The registration fee is 0.5% of the property value, calculated using either the transaction price or the provincial official price list, whichever is higher.
For resale properties, the fee applies to the actual transaction price when it exceeds the official price list. In our example with a 5 billion VND purchase price, the registration fee equals: 5,000,000,000 VND × 0.5% = 25,000,000 VND.
This fee gets paid at the local Department of Natural Resources and Environment office during the ownership transfer process. Payment must occur before receiving the pink book (certificate of land use rights and property ownership). Late payment triggers daily penalties of 0.03-0.05% of the outstanding amount.
The registration fee covers administrative costs for updating land use records and issuing new ownership certificates. Both new-build and resale transactions require this payment, with no exemptions for foreign buyers or different property types.
Don't lose money on your property in Quang Ninh
100% of people who have lost money there have spent less than 1 hour researching the market. We have reviewed everything there is to know. Grab our guide now.
What land-use right transfer fees apply to apartment purchases in Quang Ninh?
Apartment purchases typically involve minimal land-use right transfer fees since units come with shared land rights rather than individual land parcels.
Most apartment transactions in Quang Ninh include land-use rights in the purchase price, eliminating separate transfer fees. The apartment buyer receives shared land-use rights for the building's footprint and common areas, calculated proportionally to their unit size.
For our 100-square-meter example, land-use rights are embedded in the 5 billion VND purchase price. No additional land transfer fee applies beyond the standard 0.5% registration fee already calculated. This differs from landed house purchases where explicit land-use right transfers may trigger additional fees.
However, if converting from one land-use purpose to another (such as residential to commercial use), additional fees calculated on the official land value may apply. These conversions require separate applications and approvals from provincial authorities.
How much is the apartment maintenance fund and when is it due?
The apartment maintenance fund equals 2% of the contract purchase price and becomes due at property handover.
This sinking fund, set at 2% of the selling price, must be paid when receiving the keys and final documentation. For our 5 billion VND example: 5,000,000,000 VND × 2% = 100,000,000 VND due at handover.
This fund covers major building maintenance, elevator repairs, common area renovations, and structural improvements over the building's lifespan. The developer or building management company manages these funds according to regulations set by the Ministry of Construction.
Payment occurs simultaneously with final property price installments and before receiving the pink book. Failure to pay the maintenance fund prevents completion of the ownership transfer process. The fund is mandatory for all new apartment purchases regardless of buyer nationality.
What are the notarization, measurement, and title issuance fees in Quang Ninh?
Title-related fees include notarization, cadastral measurement, and pink book issuance costs that vary by property value and complexity.
Notarization costs approximately 0.1% of property value, while measurement and title issuance fees follow provincial fee schedules. For our 5 billion VND example:
Notarization: 5,000,000,000 VND × 0.1% = 5,000,000 VND. Cadastral/measurement fees: 1,000,000-2,000,000 VND based on property complexity. Pink book issuance: 1,000,000-5,000,000 VND depending on document type and processing time. Total estimated costs: 6,000,000 VND for standard apartment transactions.
These services can be completed at any licensed notary office in Quang Ninh. Expedited processing options are available for additional fees. All documents must be notarized in Vietnamese, with certified translations required for foreign language contracts.
It's something we develop in our Vietnam property pack.
What mortgage-related fees should buyers budget for in Quang Ninh?
Mortgage transactions involve bank appraisal fees, registration costs, and administrative charges that total approximately 5,000,000 VND.
Vietnamese banks offering mortgages in Quang Ninh charge: Bank appraisal: 1,000,000-3,000,000 VND for property valuation. Mortgage registration: 80,000 VND per mortgage filing. Administrative fees: 2,000,000 VND covering contract review, insurance arrangements, and documentation.
Current mortgage rates in Quang Ninh range from 5-8% annually, with many banks offering promotional rates for the first 1-2 years. Loan-to-value ratios typically max out at 70-80% for foreign buyers, requiring larger down payments than local buyers receive.
Processing time averages 3-4 weeks for complete applications. Banks require income verification, employment confirmation, and detailed property documentation. Some international banks operating in Vietnam offer more favorable terms for foreign nationals with global banking relationships.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Vietnam versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you're planning to invest there.
What are the ongoing annual and monthly property-related charges in Quang Ninh?
Ongoing property ownership costs include annual land taxes, monthly management fees, and utility-related charges that total 2-4% of property value annually.
Non-agricultural land tax ranges from 0.03% to 0.15% of official property value annually, calculated on the provincial price list plus K coefficient. For our example with 3.75 billion VND official value: Annual land tax: 1,125,000-5,625,000 VND (approximately 2,500,000 VND mid-range).
Monthly charges include: Condominium management fees: 8,000-20,000 VND per square meter monthly (800,000-2,000,000 VND for 100m²). Environmental/waste fees: 50,000-80,000 VND monthly. Utility connections and basic services: Variable based on usage.
Total annual costs: Land tax (~2,500,000 VND) + Management fees (~14,400,000 VND) + Waste fees (~900,000 VND) = approximately 17,800,000 VND annually, or roughly 3.5% of the property's market value.
| Annual Cost Type | Calculation Method | Amount (VND) |
|---|---|---|
| Non-agricultural Land Tax | 0.03-0.15% of official value | 2,500,000 |
| Management Fees (100m²) | 12,000 VND/m²/month × 12 | 14,400,000 |
| Waste/Environment Fees | 75,000 VND/month × 12 | 900,000 |
| Utilities (estimate) | Variable usage-based | 3,000,000 |
| Insurance (optional) | 0.1-0.2% property value | 7,500,000 |
| Property Maintenance | 1% of property value | 50,000,000 |
| Total Annual Costs | - | 78,300,000 |
What taxes apply to rental income from Quang Ninh properties?
Rental income in Vietnam is subject to combined 10% taxation: 5% VAT plus 5% Personal Income Tax on gross rental income.
Tax obligations kick in when annual rental income exceeds 100,000,000 VND (approximately 8.3 million VND monthly). Below this threshold, rental income remains tax-exempt. For rental income above the threshold, both VAT and PIT apply to the full amount, not just the excess.
Example calculation for 20,000,000 VND monthly rent: VAT: 20,000,000 × 5% = 1,000,000 VND monthly. PIT: 20,000,000 × 5% = 1,000,000 VND monthly. Total monthly tax: 2,000,000 VND (10% of gross rent).
Additional requirements include business license tax at 1,000,000 VND annually for rental income exceeding 100,000,000 VND per year. Tax declarations must be submitted quarterly, with payments due by the 20th of the month following each quarter.
Foreign owners follow the same tax rates as Vietnamese citizens, with no additional restrictions or higher rates applied to non-resident landlords.
What taxes and fees apply when selling property in Quang Ninh?
Property sales in Vietnam trigger a 2% Personal Income Tax on the declared sale price, plus notarization and potential brokerage costs.
For a hypothetical resale at 6,500,000,000 VND: Personal Income Tax: 6,500,000,000 × 2% = 130,000,000 VND (paid by seller). Notarization fee: 6,500,000,000 × 0.1% = 6,500,000 VND. Real estate brokerage: 1-2% of sale price, typically split between buyer and seller = ~97,500,000 VND.
Total selling costs: approximately 234,000,000 VND, or 3.6% of the sale price. The seller bears responsibility for the PIT, while notarization and brokerage fees may be negotiated between parties. No capital gains tax applies beyond the 2% PIT rate.
Registration fees for ownership transfer get paid by the buyer, not the seller. Processing time for complete sales typically takes 30-45 days from contract signing to final ownership transfer completion.
It's something we develop in our Vietnam property pack.
What is the complete cost breakdown and payment timeline for property purchase in Quang Ninh?
The total out-the-door cost for our 5 billion VND apartment example equals approximately 5.64 billion VND including all taxes and fees.
Payment timeline and responsibilities: Contract signing: 30% of property price + proportional VAT (1.65 billion VND). Roof completion: 40% of property price + proportional VAT (2.2 billion VND). Final handover: 30% of property price + remaining VAT + all fees (1.79 billion VND total).
Final handover payment breakdown: Property price balance: 1,500,000,000 VND. Remaining VAT: 150,000,000 VND. Maintenance fund: 100,000,000 VND. Registration fee: 25,000,000 VND. Notary/title fees: 6,000,000 VND. Bank fees (if applicable): 5,000,000 VND.
Late payment penalties apply at 0.03-0.05% daily for overdue amounts. All payments must be made in Vietnamese Dong at designated tax offices or through approved banks. Pink book issuance occurs 15-30 days after final payment completion.
Conclusion
This article is for informational purposes only and should not be considered financial advice. Readers are advised to consult with a qualified professional before making any investment decisions. We do not assume any liability for actions taken based on the information provided.
Property taxes and fees in Quang Ninh follow a structured system that adds 13-15% to your total property investment cost when including upfront fees and first-year expenses.
The key to successful property investment in Quang Ninh lies in accurate budgeting for both upfront costs and ongoing expenses, with annual ownership costs typically ranging 3-4% of property value including management fees and taxes.
Sources
- Quang Ninh Price Forecasts - BambooRoutes
- Annual Land Price Lists and Property Heating - Vietnam.vn
- Land Law Revisions 2024 - Vietnam News
- Buying Property in Vietnam for Foreigners - RentApartment.vn
- Vietnam's Property Tax Regime 2024 - Vietnam Briefing
- Registration Fee Rates for Houses and Land in Vietnam - LawNet
- Vietnam Property Taxes and Costs Guide - Global Property Guide
- Vietnam Corporate Tax Summary - PWC