Applying a 30% reduction on land rental in 2021 for the entities who are affected by the Covid-19 epidemic

On September 25^th, 2021, the Prime Minister issued Decision No. 27/2021/QD-TTg, whereby:

Applicable entities: Organizations, units, enterprises, households, and individuals who are directly leasing land from the State under a Decision or Contract of a competent state agency in the form of annual land rental payment (hereinafter referred to as land lessee)

Land rental’s reduction level: Reducing 30% of the land rental payment in 2021 for leasees who are prescribed in Article 2 of this Decision; this reduction is not applied for owed land rental payment before 2021 and late payment interest (if any).

This Decision takes effect from the signing date.