Importing a Car to Vietnam: Understanding the Taxes

Anh Tuan, a resident of Tay Mo district, had long dreamt of owning a rugged pickup truck. After extensive research, he decided to make a big purchase: importing a Ford Ranger Raptor from the US. However, upon receiving the quote, he was shocked. The price in the US was around 50,000 USD, but in Vietnam, it soared to nearly 2 billion VND! It turned out that the import tax calculation was not as simple as he thought. So, what are the taxes levied on imported cars in Vietnam? Let’s delve into this complex issue with XE TẢI HÀ NỘI!

Taxes on Imported Cars in Vietnam

When importing a car, you must pay several taxes, including:

1. Import Tax

This tax applies to most goods imported into Vietnam, including cars. The import tax rate for a whole car depends on its origin and engine displacement:

• Cars originating from ASEAN:
  • Under 2.0L: 40%
  • Above 2.0L: 50%
• Cars originating from outside ASEAN:
  • Under 2.5L: 70%
  • Above 2.5L: 75%

For example, since Anh Tuan imported a Ford Ranger Raptor (2.0L engine) from the US, the import tax he had to pay was 70%.

2. Special Consumption Tax (SCT)

SCT is applied to luxury goods, including cars. The SCT rate depends on the engine displacement:

• From 0 – 1.5L: 35%
• From 1.5 – 2.0L: 40%
• From 2.0 – 2.5L: 50%
• From 2.5 – 3.0L: 60%
• From 3.0 – 4.0L: 90%
• From 4.0 – 5.0L: 110%
• From 5.0 – 6.0L: 130%
• Above 6.0L: 150%

3. Value Added Tax (VAT)

VAT is calculated on the total value of the car after adding the import tax and SCT. The current VAT rate is 10%.

Import Car Tax Table (Reference)

Note: This table is for reference only. Actual tax rates may vary depending on government policies.

Frequently Asked Questions about Import Car Taxes

1. Are trucks subject to SCT?

Trucks are generally not subject to SCT. However, some pickup trucks may be subject to this tax.

2. How to calculate the amount of tax payable?

You can use online import car tax calculators or contact imported car dealers for detailed advice.

3. Is there any way to minimize import car taxes?

Currently, it is very difficult to minimize import car taxes. However, you can consider choosing cars with smaller engine displacements to reduce SCT.

XE TẢI HÀ NỘI – Your Trusted Source for Imported Trucks

If you have questions about importing trucks or want to learn more about quality imported trucks, contact XE TẢI HÀ NỘI. We are proud to be a reputable provider of imported trucks with high quality, competitive prices.

Imported truck being unloaded

Conclusion

Understanding import taxes for cars is crucial. Hopefully, this article has provided a clearer understanding of the taxes levied on imported cars in Vietnam. Be a smart consumer and research thoroughly before making a decision.

In addition, XE TẢI HÀ NỘI also provides other services such as:

• Consulting on buying and selling all types of trucks
• Supporting bank loan procedures
• Reputable insurance, maintenance, and repair services

For more details, please contact our hotline: [Phone Number] or visit our website: [Website Address].

Imported trucks at a dealership

Explore more:

• Imported Car Showroom
• Car Price Calculator

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