Vietnam Car Registration Fees: A Comprehensive Guide

Car registration fees are a mandatory tax in Vietnam when registering vehicle ownership. Understanding these regulations is crucial to ensure legal compliance and avoid potential issues.

What are Car Registration Fees?

Car registration fees are taxes levied on motor vehicle owners upon initial registration or when updating registration information. This fee is calculated as a percentage of the vehicle’s value and is regulated by Vietnamese law.

Current Car Registration Fee Rates

Car registration fee rates are specified in Circular No. 253/2016/TT-BTC issued by the Ministry of Finance. The specific rates are as follows:

• Passenger cars with fewer than 9 seats, VAN trucks, and similar vehicles:
  • First-time registration: 10% of the vehicle’s value
  • Subsequent registrations: 2% of the vehicle’s value
• Passenger cars with 9 or more seats, trucks (excluding VAN trucks), and tractors: 2% of the vehicle’s value.

Calculating Car Registration Fees

To calculate car registration fees, you need to determine the vehicle’s value. This value is based on the manufacturer’s suggested retail price (MSRP) or the market price, depending on the specific case.

Examples:

• Mr. A buys a new 7-seater car for 500 million VND. The registration fee he must pay is: 500,000,000 x 10% = 50,000,000 VND.
• Ms. B buys a used VAN truck for 200 million VND. This is the second time the vehicle is being registered. The registration fee Ms. B must pay is: 200,000,000 x 2% = 4,000,000 VND.

Car Registration Fee Payment Procedure

To pay car registration fees, you need to prepare a complete dossier including:

• Vehicle owner’s identification documents (ID card/Citizen ID card/Passport)
• Vehicle registration certificate (if applicable)
• Vehicle invoice (VAT invoice)
• Other documents as required by the tax authority

You need to submit the dossier directly to the tax authority where you reside or are registered for business. After submitting the dossier and fee, you will receive a registration fee payment certificate.

Important Notes on Paying Car Registration Fees

Here are some important notes when paying car registration fees:

• Carefully review the regulations on fee rates, calculation methods, and payment procedures to avoid confusion.
• Prepare a complete dossier as required.
• Pay the fee on time to avoid penalties.
• Keep the registration fee payment certificate carefully.

FAQs about Car Registration Fees

1. Are car registration fees subject to discounts?

Yes. Some cases are eligible for discounted registration fees, such as domestically manufactured or assembled vehicles; vehicles eligible for investment incentives; specialized vehicles…

2. Where can I pay car registration fees?

You can pay car registration fees at the tax authority where you reside or are registered for business.

3. What is the penalty for late payment of car registration fees?

The penalty for late payment of car registration fees is stipulated in the Law on Tax Administration.

Need Assistance?

We hope this article has provided you with useful information about car registration fee regulations in Vietnam. If you need further assistance, please contact us at Phone Number: 0968239999, Email: [email protected] or visit our address: No. TT36 – CN9 Road, Tu Liem Industrial Park, Phuong Canh Ward, Nam Tu Liem District, Hanoi. We have a 24/7 customer service team.