Vietnam: In 2024, what are the amendments to the base price used to calculate registration fees for motorcycles? What is the registration fee rate applicable to motorcycles?
In 2024, what are the amendments to the base price used to calculate registration fees for motorcycles in Vietnam?
Currently, the base price used to calculate registration fees for motorcycles is specified in the Table of base prices used to calculate registration fees for two-wheeled motorcycles issued together with Decision 2353/QD-BTC in 2023 and the amended Table of base prices used to calculate registration fees for two-wheeled motorcycles issued together with Decision 449/QD-BTC in 2024.
Download Table of base prices used to calculate registration fees for two-wheeled motorcycles
Download The amended Table of base prices used to calculate registration fees for two-wheeled motorcycles
What is the base price used to calculate registration fees for motorcycles in Vietnam?
According to Clause 3, Article 7, Decree 10/2022/ND-CP:
Base price
...
3. The base price for properties being motor vehicles and equivalences (hereinafter referred to as "motor vehicles) and motorcycles prescribed in Clauses 6, 7 Article 3 of this Decree (except for trailers or semi-trailers towed by motor vehicles, special vehicles, special motorcycles) shall be the price in the decision on the table of base price (hereinafter referred to as “the Table of base prices”) promulgated by the Ministry of Finance.
a) A base price in the Table of base prices is determined on the principle that it is relevant to the existing market price at the time of development of the Table of base prices.
The existing market price for each type of motor vehicle, motorcycle (based on the vehicle type in case of a motor vehicle or motorcycle; based on the country of manufacture, brand, and the maximum payload capacity allowed to be in traffic in case of a truck; based on the country of manufacture, brand, and the number of people allowed for transportation, including the driver in case of a coach), is based on the database prescribed in Clause 2 of this Article.
b) Regarding a new type of motor vehicle or motorcycle which has not yet been included in the Table of base prices at the time of submission of the registration fee declaration, the tax agency shall, based on the database mentioned in Clause 2 of this Article, decide the base price for such motor vehicle or motorcycle (based on the vehicle type in case of a motor vehicle or motorcycle; based on the country of manufacture, brand, and the maximum payload capacity allowed to be in traffic in case of a truck; based on the country of manufacture, brand, and the number of people allowed for transportation, including the driver in case of a coach).
c) If a new type of motor vehicle or motorcycle has not yet been included in the Table of base prices or a motor vehicle or motorcycle has been included in the Table of base prices but its existing market price is increased or decreased by at least 5% compared to the price prescribed in the Table of base prices, the Department of Tax of the province shall submit a consolidated report on prices to the Ministry of Finance before the 5th day of the last month of the quarter.
The Ministry of Finance shall issue a decision on an amended Table of base prices before the 25th day of the last month of the quarter in order to apply it from the 1st day of the following quarter. The amended Table of base prices is issued in accordance with regulations on issuance of the Table of base prices in Point a of this Clause or on the basis of the arithmetic mean of the base price of the local tax agencies.
In Clause 6, Article 3, Decree 10/2022/ND-CP:
Property subject to registration fees
...
6. Two-wheeled or three-wheeled motorcycles, mopeds, and equivalences subject to registration fees and fitted with license plates issued by competent state agencies (hereinafter referred to as “motorcycles”).
Thus, the base price used to calculate registration fees for motorcycles in Vietnam is the base price issued by the Ministry of Finance and is determined on the principle that it is relevant to the existing market price at the time of development of the Table of base prices.
What is the registration fee rate applicable to motorcycles in Vietnam?
Under the provisions of Article 8 of Decree 10/2022/ND-CP and Article 4 of Circular 13/2022/TT-BTC on the registration fee rate (%)applicable to motorcycles in Vietnam as follows:
The registration fee rate applicable to motorcycles in Vietnam is 2%. The registration fee rates applicable to motorcycles in the specific cases are as follows:
- Motorcycles registered for the first time by organizations or individuals in central-affiliated cities, in district-level cities or in district-level towns where the provincial People's Committees are based, to which the rate of 5% applies.
Central-affiliated cities, provincial cities; district-level towns where the People’s Committees of central-affiliated provinces and cities are based are determined according to State administrative boundaries at the time of registration fee declaration. To be specific, a central-affiliated city includes all districts affiliated to the city whether they are urban or suburban districts, urban or rural areas; Provincial cities and district-level towns where the provincial People's Committees are based include all wards and communes affiliated to the city, district-level towns whether they are urban or rural areas.
- Motorcycles chargeable by re-registration fees, to which a rate of 1% applies.
The re-registration fee rate of 5% applies to motorcycles on which the owner has declared and paid the registration fee at the rate of 2% before conducting the transfer to another organization or individual in an administrative division prescribed in Point a of this Clause. The re-registration fee rate of 1% for the next transfers applies to motorcycles on which the owner has paid the registration fee at the rate of 5% before.
The area where the previous registration fees have been declared and paid is determined according to the "Place of permanent residence", "Place of permanent residence registration" or "Address" specified in the vehicle registration certificate or certificate of revocation of registration, license plate number and is determined according to the state administrative boundaries at the time of registration fee declaration.
Thư Viện Pháp Luật