2018 Vietnam Motorcycle Registration Fees: A Comprehensive Guide

Mr. Ba, a recent arrival to the city, finally saved enough to buy a used motorcycle for ride-hailing work. However, unfamiliar with the 2018 motorcycle registration fees, he struggled to complete the process. His bike sat idle for a month, leaving him anxious and without income. Mr. Ba’s situation is not uncommon. So, what is the accurate information regarding these fees? Let’s delve into the details below!

The Significance of Motorcycle Registration Fees

The 2018 motorcycle registration fee is the amount payable by motorcycle owners to the authorities for a new license plate, as mandated by law. Paying this fee is not only a civic duty but also contributes significantly to:

• Vehicle Management: It enables the government to monitor the quantity and types of motorcycles in circulation, facilitating effective traffic management.
• Theft Prevention: Mandatory registration helps deter theft and the illegal trade of stolen motorcycles.
• Revenue Generation: The collected fees contribute to infrastructure development, improving public services and transportation.

Motorcycle registration process

Specific 2018 Motorcycle Registration Fees

The motorcycle registration fee for 2018 was stipulated in Circular No. 231/2016/TT-BTC and Circular No. 12/2017/TT-BTC by the Ministry of Finance. The fees are as follows:

Region I (Hanoi, Ho Chi Minh City):

• New motorcycles: 5% of the vehicle’s value
• Used motorcycles: 1% of the vehicle’s value

Region II (Cities directly under Central Government, excluding Hanoi and Ho Chi Minh City):

• New motorcycles: 4% of the vehicle’s value
• Used motorcycles: 1% of the vehicle’s value

Region III (All other regions):

• New motorcycles: 2% of the vehicle’s value
• Used motorcycles: 1% of the vehicle’s value

Note:

• The vehicle’s value is based on the actual selling price at the time of registration.
• Fees are subject to change annually.

Addressing Common Questions

1. Where to Pay Motorcycle Registration Fees?

You can pay the fees at local tax departments or state treasuries. Many localities now offer online payment services for convenience.

2. What is the New Motorcycle Registration Process?

The new motorcycle registration process involves:

• Document Preparation: Personal identification, vehicle documents (original and copies), vehicle origin certificate, etc.
• Submission of Documents and Fees: Submit the required documents and fees to the vehicle registration authority.
• License Plate Collection: Collect the license plate according to the scheduled appointment.

3. How Long Does it Take to Receive a Motorcycle License Plate?

It typically takes 7-10 business days to receive the license plate after submitting all necessary documents and fees.

Receiving a motorcycle license plate

Feng Shui Considerations for Choosing a Motorcycle License Plate

According to Vietnamese folk beliefs, an aesthetically pleasing and auspicious license plate can bring good luck and prosperity to the owner. Some factors to consider when choosing a license plate based on Feng Shui include:

• Number Sequence: Choose a visually appealing and memorable sequence with positive connotations, such as: 68 (prosperity), 86 (fortune), 39 (minor god of wealth), 79 (major god of wealth), etc.
• Sum of Digits: The sum of all digits in the license plate should ideally be an auspicious number.
• Five Elements: Choose a license plate with elements that complement the owner’s birth element.

Note: Choosing a license plate based on Feng Shui is purely for reference. Safe driving and adherence to traffic laws are paramount.

Other Frequently Asked Questions:

• What are the motorcycle registration fees for 2019?
• What is the procedure for transferring ownership of a used motorcycle?
• What is the latest motorcycle license plate format?

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Conclusion:

Understanding the 2018 motorcycle registration fees and related regulations is crucial for every motorcycle owner. We hope this article has provided you with valuable information.

Also, if you are interested in information about other vehicles such as:

• Truck specifications
• 2018 Fortuner car prices
• Car license plates

Please visit xetaihanoi.edu.vn for more details!