2018 Vietnam Import Car Tax Guide

“Buying an imported car brings good fortune home,” a common saying in Vietnam. However, not everyone understands import car tax regulations, especially in 2018 when significant changes were implemented. This article provides a comprehensive guide to 2018 import car taxes in Vietnam, empowering you to make informed purchase decisions.

Understanding the Importance of Import Car Taxes:

Import car taxes significantly impact a vehicle’s price. Understanding tax rates, calculation methods, and applicable taxes allows buyers to compare prices, choose suitable vehicles, and manage their finances effectively. Furthermore, knowing tax policies protects consumers from price gouging and potential registration or usage issues.

Decoding the 2018 Import Car Tax Regulations:

In 2018, the Vietnamese government significantly altered import car tax regulations to regulate the market, promote domestically produced vehicles, and contribute to environmental protection.

2018 Import Car Tax Rates:

According to Import-Export Tax Law No. 108/2014/QH13, import car taxes include:

• Import Duty: Applied on a tiered scale based on engine displacement:

  • Vehicles with engine displacement under 1.5L: 5%
  • Vehicles with engine displacement between 1.5L and 2.0L: 10%
  • Vehicles with engine displacement between 2.0L and 3.0L: 20%
  • Vehicles with engine displacement over 3.0L: 30%

• Special Consumption Tax (SCT): Applied on a tiered scale based on vehicle type and engine displacement.

  • Passenger Cars:
    • Under 1.0L: 5%
    • Between 1.0L and 2.0L: 10%
    • Between 2.0L and 3.0L: 20%
    • Over 3.0L: 45%
  • Trucks:
    • Under 1.0L: 5%
    • Between 1.0L and 2.0L: 10%
    • Over 2.0L: 20%
  • Buses:
    • Under 1.0L: 5%
    • Between 1.0L and 2.0L: 10%
    • Between 2.0L and 3.0L: 20%
    • Over 3.0L: 45%

• Value Added Tax (VAT): 10% of the vehicle’s value after adding import duty and SCT.

Pros and Cons of the 2018 Import Car Tax Policy:

Advantages:

• Encourages consumers to choose domestically produced vehicles with lower taxes compared to imported ones.
• Reduces the price of imported cars, increasing competitiveness in the Vietnamese auto market.
• Minimizes the import of used cars, protecting the environment and traffic safety.

Disadvantages:

• High tax rates can increase the price of imported cars, affecting consumer purchasing power.
• May lead to price gouging, increasing costs for buyers.

Important Considerations When Buying an Imported Car in 2018:

• Understand the types of taxes, calculation methods, and applicable rates for your desired vehicle.
• Compare prices of imported and domestically produced cars to make an informed choice.
• Purchase from reputable dealers with clear vehicle origin documentation.
• Thoroughly inspect the vehicle before purchase, especially the engine and safety systems.

For a clearer understanding of import car taxes, refer to the illustration below:
2018 Vietnam Import Car Tax Table

Frequently Asked Questions:

• Have import car taxes changed in recent years?
• How is import car tax calculated accurately?
• What documents are required to purchase an imported car?
• What precautions should be taken when buying an imported car?

Related Articles:

• Did Car Prices Decrease in 2018?
• Special Consumption Tax on Cars
• 2018 Car Prices
• The 2018 Automobile Market
• 2019 Imported Universe Bus Price

Suggested Questions:

• 2023 import car taxes?
• Latest import car taxes?
• How to calculate import car tax?
• Current import car tax policy?

Suggested Further Reading:

• Comparing Imported and Domestically Produced Trucks
• Guide to Registering Imported Cars
• How to Choose an Imported Car?

Choosing an imported car requires careful consideration.
Imported Car Purchase Process

Call to Action:

Do you have any questions about 2018 import car taxes? Contact us for a free consultation. We are available to assist you 24/7. If you are looking to purchase a truck, contact XE TẢI HÀ NỘI Dealership or call our Hotline: 0968 239 999.

Conclusion:

Understanding 2018 import car taxes helps you make informed purchase decisions that align with your needs and budget. Contact us for detailed advice.