Conditions for being allocated land by the State to implement investment projects

Article overview

The State allocates land to implement investment projects as a mechanism that contributes to promoting economic development and effective land use in Vietnam. This process not only creates conditions for investors to implement projects but also ensures transparency and fairness in the management and use of land resources. Please follow this article by Long Phan, we will provide you with the latest regulations related to land allocation to implement investment projects according to the Land Law 2024.

Regulations on conditions for the State to allocate land to implement investment projects
Regulations on conditions for the State to allocate land to implement investment projects

The competent authority allocates land to implement investment projects

Pursuant to Clause 1, Article 123 of the Land Law 2024, it is stipulated that the agency with the authority to decide on land allocation to implement investment projects is the Provincial People’s Committee.

Conditions for being allocated land by the State to implement investment projects according to the latest Land Law

According to Clause 2, Article 122 of the Land Law 2024, specific conditions are specified for land allocation when implementing investment projects. These conditions are intended to ensure the investor’s capacity to carry out the project. Compliance with the conditions contributes to improving land use efficiency. Specifically, these conditions include:

  • Must deposit a deposit or other forms of security according to the provisions of the Law on Investment;
  • Have the financial capacity to ensure land use according to the progress of the investment project and other conditions according to relevant laws;
  • Does not violate the provisions of the law on land or violates the provisions of the law on land but has completely complied with the legally effective decision or judgment of the competent authority at the time of request for land allocation. The identification of land users violating the provisions of land law applies to all land plots in use throughout the country.
Requirements must be met to be allocated land to implement investment projects
Requirements must be met to be allocated land to implement investment projects

The time to calculate land use fees when the State allocates land to implement investment projects

Determining the time of calculating land use fees is one of the regulations in land management to ensure transparency and fairness in the land use fee collection process. This regulation is specifically stipulated in point a, clause 3, Article 155 of the Land Law 2024. Specifically, the time to calculate land use fees when the State allocates land is the time the State decides to allocate land.

Note the time of calculating land use fees when the State allocates land
Note the time of calculating land use fees when the State allocates land

Consulting services on regulations on land allocation to implement investment projects

Long Phan is proud to be a professional consulting and support unit in the field of land and investment consulting. With high experience and expertise, Long Phan will comprehensively support customers in implementing investment projects using land. Consulting and support services at Long Phan include:

  • Consulting and analyzing the feasibility of investment projects using land.
  • Support appraisal of legal conditions and completion of land allocation and land lease applications.
  • Representing to carry out administrative procedures with competent state agencies.
  • Consulting on financial obligations, plans to calculate land use fees and land rent.
  • Draft and review all contracts and documents related to the project.
  • Support in resolving problems and disputes that arise during project implementation.

The allocation of land by the State is one of the factors for investment projects. To ensure this process goes smoothly and complies with legal regulations, Long Phan provides customers with optimal and highly effective consulting solutions. Please contact Long Phan immediately via the hotline: 0906735386 for detailed advice and timely support for the success of your investment project.