Reduction of 50% Registration Fee for Domestically Produced and Assembled Automobiles until When?

Reduction of 50% in Registration Fees for Domestic Cars: Until When? Which Vehicles are Exempt from Registration Fees? Who is Subject to Registration Fees?

The Government has decided to reduce the registration fees by 50% for cars manufactured and assembled within the country. This reduction aims to support the domestic automotive industry and stimulate market demand.Types of Vehicles Exempt from Registration Fees:
  1. Vehicles that are not intended for public circulation, such as specialized vehicles used within factories or restricted zones.
  2. Vehicles granted diplomatic exemptions.
  3. Other specific cases as determined by the law.
Who is Subject to Registration Fees?Any individual or organization, whether domestic or international, purchasing or receiving vehicles in Vietnam that are subject to registration under the prevailing laws will be liable to pay the prescribed registration fees.

Which entities are subject to registration fees?

Based on Article 3 of Decree 10/2022/ND-CP which stipulates the entities subject to registration fees as follows:

Article 3. Entities subject to registration fees

  1. Houses and land.
  1. Hunting guns; guns used for practice and sports competitions.
  1. Ships as per the regulations on inland waterway traffic and maritime law (hereinafter referred to as "watercraft"), including barges, motorboats, tugboats, push boats, submarines, submersibles; excluding floating docks, floating storage, and mobile rigs.
  1. Boats, including yachts.
  1. Aircraft.
  1. Two-wheeled motorcycles, three-wheeled motorcycles, mopeds, and similar types of motorcycles, mopeds that must be registered and bear number plates issued by competent state authorities (hereinafter collectively referred to as "motorcycles").
  1. Automobiles, trailers, or semi-trailers pulled by automobiles, and similar types of automobiles that must be registered and bear number plates issued by competent state authorities.
  1. Hulls, chassis, engines, and blocks of the assets regulated in Clauses 3, 4, 5, 6, and 7 of this Article that are replaced and must be registered with competent state authorities.

The Ministry of Finance shall detail this Article.

Thus, the entities subject to registration fees include:

[1] Houses and land

[2] Hunting guns; guns used for practice and sports competitions

[3] Ships as per laws on inland waterway traffic and maritime law, including barges, motorboats, tugboats, push boats, submarines, submersibles; excluding floating docks, floating storage, and mobile rigs

[4] Boats, including yachts

[5] Aircraft

[6] Two-wheeled motorcycles, three-wheeled motorcycles, mopeds, and similar types of motorcycles and mopeds that must be registered and bear number plates issued by competent state authorities

[7] Automobiles, trailers, or semi-trailers pulled by automobiles, and similar types of automobiles that must be registered and bear number plates issued by competent state authorities

[8] Hulls, chassis, engines, and blocks of the assets [3] [4] [5] [6] [7] that are replaced and must be registered with competent state authorities

Reduction of 50% registration fee for domestically manufactured and assembled automobiles

Reduction of 50% registration fee for domestically manufactured and assembled automobiles (Image from the Internet)

When does the 50% reduction in registration fees for domestically manufactured and assembled automobiles apply?

According to Article 1 of Decree 109/2024/ND-CP, the first registration fee rate for automobiles, trailers, or semi-trailers pulled by automobiles, and similar vehicles manufactured and assembled domestically is stipulated as:

Article 1. The first-time registration fee rate for automobiles, trailers, or semi-trailers pulled by automobiles, and similar vehicles manufactured and assembled domestically

  1. From the date this Decree takes effect until the end of November 30, 2024: The registration fee rate is 50% of the rate stipulated in Decree No. 10/2022/ND-CP dated January 15, 2022, of the Government of Vietnam regarding registration fees; current Resolutions of the People's Council or current Decisions of the Provincial People's Committee of central-affiliated cities and provinces on local registration fee rates and their amendments, supplements, and replacements (if any).
  1. From December 1, 2024, onward: The registration fee rate continues to follow the regulations in Decree No. 10/2022/ND-CP dated January 15, 2022, of the Government of Vietnam regarding registration fees; current Resolutions of the People's Council or current Decisions of the Provincial People's Committee of central-affiliated cities and provinces on local registration fee rates and their amendments, supplements, and replacements (if any).

Thus, from September 1, 2024, the registration fee rate for automobiles, trailers, or semi-trailers pulled by automobiles and similar vehicles manufactured and assembled domestically is reduced by 50% until November 30, 2024.

Which types of vehicles are exempt from registration fees?

Based on Article 10 of Decree 10/2022/ND-CP which stipulates exemptions from registration fees:

Article 10. Exemptions from registration fees

[...]

  1. Social housing, great unity houses, humanitarian-supported houses, including land associated with the houses registered in the name of the recipient.
  1. Fire trucks, ambulances, X-ray vehicles, rescue vehicles (including tow trucks, lift trucks); garbage trucks, water spraying vehicles, water tank vehicles, street sweepers, vacuum sweepers, waste collection vehicles; specialized automobiles, specialized motorcycles for war veterans, injured soldiers, and disabled persons registered in the name of the above individuals.
  1. Aircraft used for commercial passenger and cargo transport.
  1. Fishing boats (including fishing boats and logistics service boats); hulls, engines, and blocks of fishing boats replaced and registered with competent state authorities.

[...]

Thus, the following vehicles are exempt from registration fees:

- Fire trucks, ambulances, X-ray vehicles, rescue vehicles (including tow trucks, lift trucks)

- Garbage trucks, water spraying vehicles, water tank vehicles, street sweepers, vacuum sweepers, waste collection vehicles

- Specialized automobiles, specialized motorcycles for war veterans, injured soldiers, and disabled persons registered in the name of the above individuals

Related Posts
LawNet
Which medical services and veterinary services in Vietnam are exempt from value-added tax?
LawNet
What are prohibited acts in the deduction and refund of value-added tax in Vietnam from July 1, 2025?
LawNet
Will the Value Added Tax Law 2024 in Vietnam be effective from July 01, 2025?
LawNet
What terms are abbreviated on electronic invoices in Vietnam?
LawNet
What is an electronic invoice in Vietnam? What types of invoices are considered electronic invoices in Vietnam?
LawNet
Standards for issuing Certificates for practicing tax procedure services in Vietnam
LawNet
What are the fines for late submission of tax return dossier within 60 days in Vietnam?
LawNet
Template of the Declaration for environmental protection fee payment for emissions from January 5, 2025 in Vietnam
LawNet
What are 9 groups of enterprises subject to tax inspection and audit by the General Department of Taxation of Vietnam in 2025?
LawNet
Issuance of Circular 34/2024/TT-BGTVT stipulating the operation of road toll stations in Vietnam
Lượt xem: 0
Latest Post

Đơn vị chủ quản: Công ty THƯ VIỆN PHÁP LUẬT.
Chịu trách nhiệm chính: Ông Bùi Tường Vũ - Số điện thoại liên hệ: 028 3935 2079
P.702A , Centre Point, 106 Nguyễn Văn Trỗi, P.8, Q. Phú Nhuận, TP. HCM;