A new registration fee rate of 10% (against current 5%) will temporarily be applicable to cars of under 10 seats in Hanoi and Ho Chi Minh City from August 25 until the People’s Councils of these cities set specific fee rates of 10-15% for local application.
This registration fee rate is stipulated in Government Decree No. 80/2008/ND-CP of July 29, amending a number of articles of Government Decrees No. 176/1999/ND-CP of December 21, 1999, and No. 47/2003/ND-CP of May 12, 2003, on registration fee.
Registration fees for cars of 10 seats or more, trucks and motorbikes remain unchanged, at 2-5%. The fee rate of 5% will be applicable to motorbikes registered for the first time in centrally run cities, provincial cities and towns where provincial People’s Committees are headquartered. Registered motorbikes which are transferred to entities in localities subject to lower registration fee rates and re-registered will be liable to a registration fee of 1%.
Poor households and ethnic minority inhabitants in difficulty-hit communes and townships are now exempt from registration fee for their residential land and houses. Also eligible for registration fee exemption are non-motorized inland waterway vessels of up to 15 tons in gross weight, motorized vessels with a total main engine output of up to 15 HP, and vessels of a seating capacity of up to 12 persons.
The new registration fee rates applicable to houses and land; ships and boats; ships for offshore fishing; automobiles, motorbikes, hunting rifles and sport guns are 0.5%, 1%, 0.5% and 2% of their value, respectively. However, for assets other than cars of under 10 seats (including driver) the maximum payable registration fee amount is VND 500 million per registered item.-