Vietnam Motorcycle Registration Tax: 2023 Guide

Anh Tuan, a resident of Nguyen Trai Street in Thanh Xuan District, Hanoi, is excited to purchase a new motorcycle after years of saving. However, his joy is quickly replaced by anxiety over the paperwork, especially the registration tax. “I heard the motorcycle registration tax has changed. I wonder what the percentage is and how it’s calculated,” he wonders.

If you share Tuan’s concerns, Xe Tai Ha Noi provides a detailed guide on calculating the latest motorcycle registration tax in Vietnam.

What is Motorcycle Registration Tax?

Motorcycle registration tax is a levy individuals and organizations must pay when buying, selling, gifting, donating, or inheriting a motorcycle.

Calculating Motorcycle Registration Tax in Vietnam

For New Motorcycles Purchased from Dealerships

Tax Rate:

• Currently, the nationwide registration tax rate for new motorcycles is 10% of the vehicle’s value.

Taxable Value:

• The retail price includes the Value Added Tax (VAT) listed by the seller at the time of tax registration.

Formula:

Registration Tax = Vehicle Price Including VAT x 10%

Example:

Anh Tuan buys a 2023 Honda SH Mode at a Honda dealership on Le Van Luong Street for 60,000,000 VND (including VAT).

Therefore, the registration tax he must pay is:

60,000,000 x 10% = 6,000,000 VND

For Used Motorcycles

Tax Rate:

• 2% of the vehicle’s value.

Taxable Value:

• Determined by the local tax authority where the ownership transfer is registered, based on a general price framework.

Note:

• The registration tax for used motorcycles may vary by locality.

Frequently Asked Questions about Motorcycle Registration Tax:

1. Where do I pay motorcycle registration tax?

You can pay at the district/county tax office where you are registered or at mobile tax collection points.

2. What documents are required for motorcycle registration tax payment?

Required documents include:

• Registration tax declaration form
• Vehicle purchase invoice
• Personal identification documents (ID card/Citizen ID/Passport)

3. What are the penalties for late payment of motorcycle registration tax?

According to current regulations, late payment is subject to a penalty of 0.05%/day of the overdue tax amount.

Xe Tai Ha Noi – Your Trusted Source for Truck Information

We hope this article has answered your questions about calculating motorcycle registration tax in Vietnam. For more useful information about vehicles and paperwork procedures, visit our website https://xetaihanoi.edu.vn/ or call our hotline 0987.654.321.

Calculating Vietnam Motorcycle Registration Tax

Paying Vietnam Motorcycle Registration Tax

Let Xe Tai Ha Noi be your companion on every road!