Vietnam: Registration fee payment rates according to new regulations

- The rate of 0.5% applies to real property.

- The rate of 2% applies to firearms for hunting, training and sporting.

- The rate of 1% applies to water-borne vehicles, barge, motorboat, tugboat, ship, yacht and aircraft.

- The rate of 2% applies to motorcycle.

Except:

+ Motorcycles registered for the first time under organizations or individuals in centrally-affiliated cities, in provincial cities or in towns where the provincial People's Committee is based, to which the rate of 5% applies.

+ Motorcycles chargeable by re-registration fee, to which a ratio of 1% applies. The re-registration fee rate of 5% applies to motorcycles on which the proprietor 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 defined above.

- The rate of 2% applies to automobiles, trailers or semi-trailers pulled by automobiles and similar vehicles.

Except:

+ Passenger vehicles with 9 seats or less, to which the rate of 10% applies upon first-time registration. If such ratio is subject to increase to match local circumstances, Provincial People’s Councils shall decide a raise not exceeding 50% of the general level.

+ Passenger vehicles with 9 seats or less, to which the re-registration fee rate of 2% applies uniformly on a nation-wide scale.

Decree No. 140/2016/NĐ-CP of Vietnam’s Government takes effect from January 01, 2017, replacing Decree No. 45/2011/NĐ-CP, Decree No. 23/2013/NĐ-CP.

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