Are imported bicycles from abroad for business subject to registration fee in Vietnam?

Are imported bicycles from abroad for business subject to registration fee in Vietnam?

Based on Article 3 of Decree 10/2022/ND-CP regulating registration fees as follows:

Subjects subject to registration fees

1. Houses, land.

2. Hunting guns; guns used for training and sports competitions.

3. Ships as stipulated by the law on inland waterway traffic and maritime law (hereinafter referred to as watercraft), including barges, motorboats, tugs, push boats, submarines, submersibles; excluding floating docks, floating storages, and mobile rigs.

4. Boats, including yachts.

5. Aircraft.

6. Two-wheeled motorcycles, three-wheeled motorcycles, mopeds, and similar types of vehicles required to be registered and licensed by authorities (collectively referred to as motorcycles).

7. Automobiles, trailers, or semi-trailers pulled by automobiles, similar types of vehicles required to be registered and licensed by authorities.

8. Hulls, main frames, main engines, engine blocks of assets specified in clauses 3, 4, 5, 6, and 7 of this Article that are replaced and required to be registered with authorities.

The Ministry of Finance shall provide detailed provisions for this Article.

Thus, according to the above regulations, ordinary bicycles or even imported for business are not subject to registration fees.

Are imported bicycles from abroad for business subject to registration fee in Vietnam? (Image from the Internet)

What is the initial registration fee rate for motorcycles registered in disadvantaged areas in Vietnam?

Based on Clause 4, Article 8 of Decree 10/2022/ND-CP regulating registration fees as follows:

Registration fee rate by percentage (%)

1. Houses, land: The rate is 0.5%.

2. Hunting guns; guns used for training and sports competitions: The rate is 2%.

3. Watercraft, including barges, motorboats, tugs, push boats, submarines, submersibles; boats, including yachts; aircraft: The rate is 1%.

4. Motorcycles: The rate is 2%.

Specifically:

a) Motorcycles of organizations, individuals in centrally controlled cities; cities under provinces; district-level towns where the provincial People's Committee is headquartered, the initial registration fee rate is 5%.

b) For motorcycles paying registration fees from the second time onwards, the rate is 1%. In cases where the owner has declared and paid the registration fee for motorcycles at 2%, then transfers it to organizations or individuals in the areas specified at point a of this clause, the registration fee rate is 5%.

Thus, according to the regulations, the initial registration fee rate for motorcycles is 2% in disadvantaged areas, except for motorcycles belonging to organizations or individuals in centrally controlled cities; cities under provinces; district-level towns where the provincial People’s Committee is headquartered, the initial registration fee rate is 5%.

For motorcycles paying registration fees from the second time onwards, the rate is 1%. If the owner has declared and paid the registration fee for motorcycles at 2%, and then transfers it to organizations or individuals in the areas specified at point a of this clause, the registration fee rate is 5%.

What are procedures for deferring the registration fee in applicable cases in Vietnam?

Based on Clause 3, Article 9 of Decree 10/2022/ND-CP, regulating the procedure for deferring the registration fee in specific cases as follows:

Step 1: Households and individuals eligible for deferring the registration fee for houses and land as stated in Clause 1, Article 9 of Decree 10/2022/ND-CP shall declare the registration fee and submit the registration fee declaration dossier as prescribed by the law on tax management.

Step 2: The competent authority granting the certificate of land use rights, house ownership, and property attached to land shall check the dossier; if it is determined that the entities are eligible for deferring the registration fee for houses and land as stated in Clause 1, Article 9 of Decree 10/2022/ND-CP, it shall be recorded in the certificate of land use rights, house ownership, and property attached to land: “Deferred registration fee” before granting to the owner, user of the house, land.

Step 3: In case of receiving a dossier for procedures such as transfer, conversion, gift of house ownership, land use rights of households, individuals with outstanding registration fee debt, the competent authority issuing the certificate of land use rights, house ownership, and attached assets must transfer the dossier together with a "Transfer of information form to determine financial obligations on land" to the Tax Authority for calculation and notification so that households and individuals with house and land pay the outstanding registration fee before carrying out transfer, conversion, gift procedures.