Vietnam Car Registration Tax: What You Need to Know

“Buying a car, selling a house” – This old Vietnamese saying still holds true today. Owning a car is a dream for many, but before making that dream a reality, do you understand the latest car registration tax in Vietnam? Let’s delve into the details with “XE TẢI HÀ NỘI”!

Paying car registration tax in Hanoi

What is Car Registration Tax? Current Tax Rates

Simply put, car registration tax is a fee you pay to the Vietnamese government when purchasing a new vehicle. This tax is calculated based on the vehicle’s value and the tax rate stipulated by the government.

A former colleague of mine, Minh, almost faced a financial setback due to insufficient research on this tax. He bought a pickup truck for his business, mistakenly assuming the tax rate was the same as for passenger cars. He ended up paying a significant sum, disrupting his financial plans.

To avoid a similar situation, understand the latest car registration tax rates:

• 10% of the vehicle value for passenger cars with 9 seats or less, used for commercial passenger transportation (taxis, ride-hailing services, etc.).
• 2018 Car Registration Tax also applied a 10% rate for vehicles with engine displacement of 1,500 cc or less.
• 12% of the vehicle value for passenger cars with more than 9 seats, trucks, and specialized vehicles.
• 2% of the vehicle value for passenger cars with 9 seats or less, not used for commercial passenger transportation. This rate applies in Hanoi and some other provinces.

Car Registration Tax Calculation Table

Important Notes When Paying Car Registration Tax

Besides understanding the tax rates, keep these important points in mind:

• Paying registration tax is mandatory when buying a new car in Vietnam.
• The tax payment deadline is 60 days from the contract signing date. Late payments incur penalties.
• You can pay the tax directly at the Tax Department of your residence or online via the National Public Service Portal.
• Research potential car registration tax reduction policies for possible benefits.

“XE TẢI HÀ NỘI” – Your Partner on Every Road

Understanding the car registration fees allows for better financial planning and avoids unnecessary complications. If you have questions about taxes and fees associated with purchasing trucks or dump trucks, contact “XE TẢI HÀ NỘI” for a free consultation.

We proudly offer high-quality trucks at competitive prices with excellent after-sales service. Our knowledgeable staff, well-versed in Vietnam car taxes, registration procedures, and vehicle inspections, will assist and answer all your questions.

Truck sales consultant

We hope this article provides valuable information on the latest car registration tax. Wishing you success in finding your perfect vehicle!

Contact us now:

• Phone: 0968239999
• Email: [email protected]
• Address: No. TT36 – CN9 Road, Tu Liem Industrial Zone, Phuong Canh Ward, Nam Tu Liem District, Hanoi.