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Real estate business conditions under new regulations bring many benefits to investors and businesses. Clear and transparent standards help limit legal risks and ensure a healthy business environment. This article analyzes in detail the new regulations on real estate business conditions, helping customers clearly understand the legal requirements when participating in this field.
Clause 1, Article 3 of the Law on Real Estate Business 2023 specifically regulates the scope of real estate business activities. Accordingly, the real estate business includes the following activities:
The above activities are all aimed at finding profits through investing capital in real estate. Enterprises, organizations and individuals who want to participate in real estate business need to clearly determine the type of their activities to meet the prescribed conditions.
In addition, the Law also clearly stipulates the types of real estate that are allowed to be put into business, including housing, existing and future construction works, and land use rights with technical infrastructure. This helps distinguish between legal real estate business activities and illegal forms of real estate transactions.
Clause 1, Article 9 of the Law on Real Estate Business 2023 clearly stipulates conditions for organizations when participating in real estate business:
In addition, real estate businesses must also meet additional conditions according to Clause 2, Article 9:
Not lower than 20% for projects with a land use scale of less than 20 hectares.
Not lower than 15% for projects with land use scale of 20 hectares or more.
These conditions are intended to ensure the financial capacity and stable operations of businesses when participating in the real estate market. Organizations need to carefully prepare capital, human resources and other conditions before deciding to do real estate business.
Similar to organizations and individuals who want to do real estate business, they must also meet the conditions prescribed in Clauses 1 and 2, Article 9 of the Law on Real Estate Business 2023:
However, the Law also has separate regulations for individuals doing small-scale real estate business. Specifically, these individuals are not required to establish a business but must still declare and pay taxes according to the law. This regulation creates conditions for individuals to participate in real estate business on a small scale, consistent with their capacity.
Individuals need to carefully consider the expected scale of operations to choose an appropriate form of business organization that meets the legal conditions.
Article 5 of the Law on Real Estate Business 2023 clearly stipulates the types of real estate allowed for business, including:
1. Available housing and housing formed in the future.
2. Existing construction works and construction works formed in the future, including:
3. Construction floor area in the above-mentioned projects.
4. Land use rights with technical infrastructure in real estate projects.
5. Real estate project.
For housing and construction projects formed in the future, the Law also stipulates specific conditions on project progress and legality before being allowed to be put into business. This is to protect customers’ interests and avoid risks when real estate transactions are formed in the future.
Long Phan’s real estate business conditions consulting service brings many practical benefits to customers:
With extensive experience in the real estate legal field, we are committed to providing customers with professional and effective consulting services, helping businesses and individuals feel secure in participating in the real estate market.
Long Phan’s real estate business conditions consulting services include:
With a comprehensive range of services, we are committed to accompanying customers throughout the process of participating in the real estate market, from the preparation stage to actual implementation.
Real estate business conditions under new regulations pose many strict requirements for businesses and individuals participating in the market. To ensure legal compliance and minimize risks, customers need to carefully study the regulations and fully prepare the necessary conditions. Long Phan is ready to support customers in this process with professional consulting services. Contact the hotline immediately 0906735386 for detailed advice on real estate business conditions.
Note: The content of the articles published on the website of Long Phan Investment Consulting Company is for reference only regarding the application of legal policies. Depending on the time, subject, and amendments, supplements, and replacements of legal policies and legal documents, the consulting content may no longer be appropriate for the situation you are facing or need legal advice on. In case you need specific and in-depth advice according to each case or incident, please contact us through the methods below. With our enthusiasm and dedication, we believe that Long Phan will be a reliable solution provider for our clients.
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