Vehicle Registration Tax in Bac Ninh: A Comprehensive Guide

Anh Tuan, a small transport business owner in Tu Son, Bac Ninh, is planning to expand his operations by purchasing additional trucks. However, he’s concerned about the tax implications of buying new vehicles, particularly the vehicle registration tax in Bac Ninh. How much should Anh Tuan budget for this tax, and how complicated is the process? This article provides a detailed overview of vehicle registration tax in Bac Ninh, specifically tailored for business owners like Anh Tuan.

What is Vehicle Registration Tax?

Vehicle registration tax is a levy imposed on individuals and organizations when they register ownership of a vehicle for the first time in Vietnam. Simply put, it’s a one-time tax paid when purchasing a new vehicle, intended to encourage the use of public transportation and limit private vehicle ownership.

Vehicle Registration Tax Rates in Bac Ninh

Vehicle registration tax rates in Bac Ninh are stipulated by the Law on Non-Agricultural Land Use Tax issued by the National Assembly and applied nationwide. Specifically:

• Passenger vehicles with 9 seats or less: 10% of the vehicle’s value
• Passenger vehicles with 10 seats or more, trucks: 2% of the vehicle’s value

Note: The vehicle’s value for tax calculation is based on the actual selling price at the time of registration, but not lower than the minimum price set by the provincial People’s Committee.

Example

Anh Tuan decides to purchase a Hino 500 Series truck from the Hino dealership on Ly Thai To Street, Bac Ninh, for 1 billion VND. Therefore, the vehicle registration tax he needs to pay is: 1,000,000,000 VND x 2% = 20,000,000 VND

Vehicle Registration Tax Payment Procedure in Bac Ninh

To pay vehicle registration tax in Bac Ninh, vehicle owners need to follow these steps:

1. Prepare documents: Identification papers, vehicle registration certificate, vehicle purchase invoice, etc.
2. Submit documents: At the Tax Department of the district where the vehicle owner is registered.
3. Pay the tax: Vehicle owners can pay the tax directly or through a bank.
4. Receive the tax payment certificate: After paying the tax, the vehicle owner will receive a vehicle registration tax payment certificate.

Frequently Asked Questions about Vehicle Registration Tax in Bac Ninh

Is the tax for used vehicles different from new vehicles?

Yes, the registration tax for used vehicles is calculated based on the years of use and the remaining value of the vehicle. You can refer to the article on “Calculating Registration Tax for Used Vehicles” for detailed information.

Are there any exemptions or reductions for vehicle registration tax in Bac Ninh?

Currently, Bac Ninh’s tax policy does not offer exemptions or reductions for vehicle registration tax. However, you can learn more about “Vehicle Registration Tax Refund Procedures” in certain special cases.

How long does it take to pay vehicle registration tax in Bac Ninh?

The vehicle registration tax payment process usually takes one business day from the time you submit all required documents.

Where to Buy Trucks in Bac Ninh?

Are you looking for a reputable place to purchase your ideal truck? Come to XE TAI HA NOI – a company specializing in providing high-quality trucks with various loading capacities, suitable for your transportation needs.

We offer:

• A wide range of truck brands: Hino, Isuzu, Hyundai, Thaco Trường Hải,…
• Competitive prices, financing support up to 80%.
• Dedicated and thoughtful after-sales service.

Contact XE TAI HA NOI now:

• Address: [Specific address in Hanoi]
• Hotline: [Phone number]
• Website: [Website]

Hino Truck in Bac Ninh

Feng Shui When Buying a Truck

Vietnamese people value spiritual factors and feng shui. Choosing the right color and license plate number according to feng shui is believed to bring luck and prosperity to the vehicle owner. Feng Shui expert Nguyen Van A, in his book “The Mystery of Vehicle Feng Shui,” states: “Choosing a car color that matches the owner’s destiny helps them feel more confident and lucky in business and trading, thereby attracting fortune.”

Yellow Truck

Conclusion

Understanding vehicle registration tax in Bac Ninh is essential before deciding to purchase a vehicle. We hope this article has provided useful information. Contact XE TAI HA NOI today for detailed advice and attractive offers!

Don’t forget to share this article if you find it helpful and leave a comment below if you have any questions!