Hanoi Truck Registration Fees: What to Know Before Buying

Mr. Nguyen Van Tuan, a resident of Cau Giay District, Hanoi, saved for years to buy a new Thaco Towner truck for his construction materials business. He eagerly went to the Thaco truck dealership on Nguyen Van Linh Street to pick up his vehicle, but was shocked to learn about the registration fee. “Initially, I only considered the vehicle price and some basic registration costs. I didn’t expect the registration fee to be so high,” Mr. Tuan shared.

Mr. Tuan’s story highlights the importance of understanding truck registration fees before purchasing a new vehicle. What are these fees? How are they calculated and paid? This article will answer those questions.

What are Truck Registration Fees?

Truck registration fees are mandatory payments made by vehicle owners to the government when registering a vehicle for the first time. This is a significant source of revenue for the state budget, used to invest in and develop transportation infrastructure.

Registration Fee Rates

Registration fee rates are specified in Circular No. 259/2016/TT-BTC issued by the Ministry of Finance:

• Domestically manufactured or assembled trucks: 10% of the vehicle’s value.
• Imported trucks: 10% of the vehicle’s value + import tax + special consumption tax.

Note: The vehicle value used to calculate the registration fee is the selling price announced by the company, including Value Added Tax (VAT).

Example

Let’s consider a specific example:

Mr. Nguyen Van Quang, residing in Hoai Duc District, Hanoi, wants to buy a new Hyundai H100 truck with a listed price of 300 million VND. What is the registration fee Mr. Quang needs to pay?

Answer:

Registration fee = 10% x 300,000,000 = 30,000,000 VND

Frequently Asked Questions about Truck Registration Fees

1. Where to Pay Truck Registration Fees?

You can pay truck registration fees at:

• Tax Authorities: According to regulations, you must pay the registration fee at the Tax Department where you are permanently registered.
• Credit Institutions: Many commercial banks are now authorized to collect registration fees.

2. What is the Procedure for Paying Truck Registration Fees?

The procedure for paying truck registration fees is quite simple. You just need to bring the following documents to the tax office or bank:

• Vehicle registration certificate (original).
• Citizen Identity Card/ID Card/Passport of the vehicle owner.

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If you are looking to buy a truck, visit XE TẢI HÀ NỘI – the leading provider of quality and reputable trucks in Hanoi.

We are committed to providing you with:

• Genuine products with guaranteed quality.
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Truck registration fee in Vietnam

Buying a truck in Hanoi

Similar Products

In addition to trucks, XE TẢI HÀ NỘI also offers a variety of other vehicles such as:

• Dump trucks
• Tractor trucks
• Specialized vehicles

Conclusion

Hopefully, this article has provided you with useful information about truck registration fees. Carefully researching taxes and fees before buying a vehicle will help you avoid surprises and be more proactive in financial preparation. We wish you the best in finding your ideal truck!