Car Registration Fee Calculation in Vietnam: A Comprehensive Guide

Anh Tuan, a resident of Long Bien District, Hanoi, finally decided to purchase a Dongfeng truck for his construction material business after saving for a long time. Following a friend’s recommendation, he visited a Dongfeng truck dealership on Nguyen Van Linh Street. The purchase process went smoothly; he found a suitable truck at a reasonable price. However, when it came to paying the registration fee, Anh Tuan was shocked as the amount was much higher than he had initially estimated. It turned out he wasn’t familiar with how to calculate car registration fees and had made a mistake in his estimation.

Anh Tuan’s story is not uncommon. So, how do you accurately calculate car registration fees in Vietnam? Let’s delve into the details with XE TẢI HÀ NỘI in this article!

What is a Car Registration Fee, and Why Pay It?

A car registration fee is a mandatory fee that motor vehicle owners must pay to the government when purchasing a new vehicle or transferring ownership. It’s a crucial source of government revenue used to invest in transport infrastructure development and other public activities.

Latest Car Registration Fee Calculation Method

The car registration fee is calculated based on the vehicle value and the tax rate stipulated by each locality.

1. Vehicle Value:

• For domestically manufactured or assembled cars: The vehicle value is the selling price, including Value Added Tax (VAT), announced by the manufacturer or assembler at the time of tax registration.
• For imported cars: The vehicle value is the import tax calculation price plus other taxes and fees (if any) as prescribed by law.

2. Tax Rate:

Current car registration tax rates are as follows:

• 10% for passenger cars with fewer than 9 seats not used for commercial transport (including pickup trucks) and VAN trucks.
• 2% for passenger cars with 9 or more seats, trucks, and specialized vehicles.
• 2% for vehicles with 12 or more seats registered in Hanoi.
• For used cars, the registration fee is calculated as 2/3 of the above tax rates.

Formula:

Registration Fee = Vehicle Value x Tax Rate

Example: Calculating Truck Registration Fee

Let’s say Anh Tuan buys a Dongfeng B180 truck with a 6m2 long container, manufactured domestically, with a selling price including VAT of 500,000,000 VND. The registration tax rate in Hanoi for trucks is 2%.

Therefore, the registration fee Anh Tuan must pay is:

500,000,000 x 2% = 10,000,000 VND

Important Notes on Car Registration Fee Calculation

• Registration tax rates can vary depending on the time and location.
• Vehicle owners should thoroughly research the registration tax rate applicable to their vehicle type at the time of tax registration.
• Consulting with experts or car dealerships is recommended for specific and accurate advice.

Frequently Asked Questions about Car Registration Fees

1. Where do I pay the car registration fee?

You can pay the car registration fee at the regional Tax Department or the National Public Service Portal.

2. What are the procedures for paying the car registration fee?

The procedures include: Vehicle registration documents, personal identification documents, vehicle origin documents, and vehicle value documents.

3. How long does it take to pay the car registration fee?

Paying the car registration fee usually takes 1-3 business days.

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Dongfeng B180 truck with 6m2 long container

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Various trucks displayed at the dealership

We hope this article has provided you with useful information about calculating car registration fees. Please like and share this article with your friends and family if you find it helpful. Don’t forget to follow XE TẢI HÀ NỘI’s website for more useful knowledge about trucks!