The Government has just issued Decree 109/2024/ND-CP dated August 29, 2024 signed by Deputy Prime Minister Ho Duc Phoc on regulations on registration fee collection rates for automobiles, trailers or semi-trailers pulled by automobiles and vehicles similar to automobiles manufactured and assembled domestically.
Specifically, from September 1 to November 30, the registration fee for the above vehicles is 50% of the fee prescribed in Decree No. 10/2022/ND-CP dated January 15, 2022 of the Government regulating registration fees.
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| Domestically produced cars get a 50% reduction in registration fees. Photo: TA |
Thus, the reduction in registration fees for domestically produced cars will last for 3 months. From December 1, 2024 onwards, the registration fee collection will continue to be implemented according to the provisions of Decree No. 10 of the Government regulating registration fees.
Ministers, heads of ministerial-level agencies, heads of government agencies, Chairmen of People's Committees of provinces and centrally run cities, and relevant organizations and individuals are responsible for implementing this Decree.
This is the fourth time that preferential registration fees for domestically produced and assembled cars have been applied. The first time was from the second half of 2020, then December 2021, May 2022 and the most recent time was the second half of 2023. These three fee reductions all lasted for 6 months.
Currently, the registration fee for cars is calculated based on a percentage of each type and each locality when registering. Specifically, the first fee for cars in Hanoi, Quang Ninh, Hai Phong is 12% of the car value; Ho Chi Minh City is 10%, Ha Tinh is 11%. For pickup trucks, the registration fee is 60% of the first fee for cars.
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