Car Registration Fees in Vietnam: A Comprehensive Guide

Anh Tuan, a fruit vendor at Long Bien Market in Hanoi, finally saved enough money to buy a brand new Hyundai Porter H150 truck. His joy was immense when he received the vehicle from the Hyundai Truong Chinh dealership, but he was also unsure about the procedures, paperwork, and especially the car registration fees. So, what are car registration fees in Vietnam? Let’s delve into the details with XE TẢI HÀ NỘI in this comprehensive guide!

What are Car Registration Fees?

Car registration fees are a sum of money that vehicle owners must pay to the state budget when purchasing a new vehicle or transferring ownership. This is a mandatory tax and fee for legal vehicle operation in Vietnam.

Purpose of Car Registration Fees

Car registration fees play a crucial role in:

• Generating revenue for the state budget: The revenue from these fees is used to invest in transport infrastructure development, ensure public order and safety, and fund other public activities.
• Controlling the number of vehicles: Implementing registration fees is an indirect measure to control the number of vehicles on the road, contributing to reducing traffic congestion and environmental pollution.

Calculating Car Registration Fees

Car registration fees are calculated based on the vehicle’s value and the tax rate stipulated by each locality.

Formula:

Registration Fee = Vehicle Value x Tax Rate

Example:

Anh Tuan bought a Hyundai Porter H150 truck in Hanoi for 400 million VND. The car registration tax rate in Hanoi is 10%. Therefore, the registration fee Anh Tuan has to pay is:

400,000,000 x 10% = 40,000,000 VND

Note:

• Car registration tax rates can vary by locality and vehicle type.
• The vehicle value is calculated based on the actual selling price or the price determined by the tax authorities.

Frequently Asked Questions about Car Registration Fees

1. Where to Pay Car Registration Fees?

You can pay car registration fees at:

• The district/county tax department where you have permanent or temporary residence.
• Mobile fee collection points.
• Online via the General Department of Taxation’s electronic portal.

2. Required Documents for Car Registration Fee Payment

The required documents for car registration fee payment typically include:

• Vehicle registration certificate (original).
• Identity card/Citizen identity card/Passport (copy).
• Registration fee declaration form (according to the prescribed template).

3. When to Pay Car Registration Fees?

You must pay car registration fees before registering your vehicle’s license plate.

Purchase Reliable and Quality Trucks at XE TẢI HÀ NỘI

If you are looking to purchase a truck, visit XE TẢI HÀ NỘI. We are a leading reputable truck distributor in Hanoi, offering a wide range of trucks from renowned brands such as Hyundai, Isuzu, Hino, and more, with competitive prices and the best service quality.

XE TẢI HÀ NỘI is committed to providing you with the most satisfying shopping experience with:

• A team of professional and dedicated consultants.
• Support for installment payments up to 80% of the vehicle value with preferential interest rates.
• Quick procedures and delivery to your location.

Contact us now for consultation and the best quote!

XE TẢI HÀ NỘI – Your Trusted Address!

Truck registration fees in Vietnam

Hyundai Porter H150 Truck

Conclusion

Car registration fees are a mandatory fee when purchasing a new vehicle or transferring ownership in Vietnam. We hope this article has provided a clear understanding of car registration fees and related information. If you have any further questions, please contact XE TẢI HÀ NỘI for detailed answers. We wish you the best in finding your ideal vehicle!