50% discount on the first registration fee for Vietnam-made automobiles from December 1, 2021
On November 26, 2021, the Government of Vietnam promulgated Decree 103/2021/ND-CP stipulate the rate of registration fee collection for cars, trailers or semi-trailers towed by automobiles and vehicles similar to cars manufactured and assembled in the country.
Article table of contents
According to the Decree, from December 1, 2021 to the end of May 31, 2022:
The registration fee rate is equal to 50% of the fee rate specified in Decree 20/2019/ND-CP, current resolutions of the People's Council or current decisions of the People's Committees of provinces and centrally-run cities of Vietnam on local registration fee rates and amendments, supplements, and replacements (if any).
From June 1, 2022 onwards: the registration fee rate will continue to comply with the provisions of Decree 20/2019/ND-CP of Vietnam, current resolutions of the People's Council or current decisions of the People's Council. People's Committees of provinces and centrally-run cities on the local registration fee collection and amendments, supplements and replacement documents (if any).
Decree 103/2021/ND-CP of Vietnam takes effect from December 1, 2021 to the end of May 31, 2022.
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