Vietnam Vehicle Registration Tax: A Comprehensive Guide

“Buying a car is easy, paying taxes is hard” – a common saying among Vietnamese drivers when it comes to this complicated and costly procedure. Understanding the vehicle registration tax calculation is the first and most crucial step in planning your finances smoothly. So, what’s the current vehicle registration tax table? XE TẢI HÀ NỘI will reveal it right now!

Vehicle registration tax table

What is Vehicle Registration Tax? Who Has to Pay?

Vehicle registration tax is a fee that owners must pay when registering their vehicle ownership for the first time. Simply put, it’s like an “entrance fee” for your “four-wheeled citizen” to join the roads of Vietnam.

So who has to pay this tax? It includes:

• Individuals and organizations owning cars, motorcycles, etc. Honda Vehicle Prices
• People receiving transferred ownership of used vehicles.
• People receiving gifted vehicles.

Vehicle Registration Tax Table: Latest Update

The registration tax rate is calculated based on the vehicle’s value and the registration area. Below is the latest vehicle registration tax table applied to Hanoi and other provinces:

For example: Mr. Nam in Cau Giay district, Hanoi, buys a Honda CRV worth 1 billion VND. He will have to pay a registration tax of 120 million VND (1 billion x 12%).

Quick and Accurate Vehicle Registration Tax Calculation Tips

You can quickly calculate the registration tax yourself using the following formula:

Registration Tax = Vehicle Value x Tax Rate

Where:

• Vehicle Value is usually the actual selling price including VAT.
• Tax Rate depends on the vehicle type and registration location.

Important Notes on Vehicle Registration Tax Calculation

• Taxable Value: For new vehicles, the taxable value is usually determined by the tax authorities. For used vehicles, the taxable value is based on the vehicle’s value at the time of registration.
• Special License Plates: If you want a “lucky” license plate, you need to pay an extra fee for the license plate auction.
• Documentation: Prepare all necessary documents as required for a smooth vehicle registration process.

Vehicle registration documents

XE TẢI HÀ NỘI – Your Trusted Partner on Every Road

Besides providing useful information about vehicle registration tax, XE TẢI HÀ NỘI is also a reputable address specializing in providing various types of trucks, light trucks, vans, and trucks with capacities of 1 ton, 2 tons, 3.5 tons, and 8 tons. Vision Headlight Replacement Cost Contact us immediately via Hotline: 0968239999 for the best advice and support!