Free registration fee for battery electric cars for the first 3 years

Free registration fee for battery electric cars for the first 3 years
Bảo Ngọc

On January 15, 2022, the Government issued Decree 10/2022/ND-CP regulating registration fees.

Accordingly, the regulations on registration fee collection for battery-powered electric cars are as follows:

- Within 3 years from March 1, 2022, pay the first registration fee at the rate of 0%;

- Within the next 2 years, pay the first registration fee at a rate equal to 50% of the fee for petrol and diesel cars with the same number of seats.

The registration fee for the second time onwards is 2% and uniformly applied nationwide.

Thus, battery electric cars will be exempted from registration fees for the first time for 3 years from March 1, 2022. 

In addition, for passenger cars with 9 seats or less (including pick-up cars), the first registration fee is payable at the rate of 10%. In case it is necessary to apply a higher fee, the People's Council of the province or city under central authority shall decide to increase it, but not exceeding 50% of the general regulation.

Cargo pick-up trucks have a permissible carrying volume of less than 950 kg and have 5 seats or less, and VAN trucks have a permissible carrying volume of less than 950 kg. pay the first registration fee at a rate equal to 60% of the first registration fee for passenger cars with 9 seats or less.

Decree 10/2022/ND-CP takes effect from March 1, 2022; replace Decree 140/2016/ND-CP and Decree 20/2019/ND-CP .

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