50% reduction in registration fees for domestically produced and assembled cars

The Government has just issued Decree No. 109/2024/ND-CP stipulating the registration fee for automobiles, trailers or semi-trailers pulled by automobiles and vehicles similar to automobiles manufactured and assembled domestically.

50% reduction in registration fees for domestically produced and assembled cars

The Decree clearly states that from the effective date of this Decree (September 1, 2024) to November 30, 2024, the registration fee collection rate is equal to 50% of the collection rate prescribed in Decree No. 10/2022/ND-CP dated January 15, 2022 of the Government regulating registration fees; current resolutions of the People's Council or current decisions of the People's Committee of provinces and cities on local registration fee collection rates and amendments, supplements and replacements (if any).

From December 1, 2024 onwards, the registration fee collection rate will continue to be implemented according to the provisions of Decree No. 10/2022/ND-CP dated January 15, 2022 of the Government regulating registration fees; current resolutions of the People's Council or current decisions of the People's Committee of the province or city on the local registration fee collection rate and amendments, supplements and replacements (if any).

PHAN THAO

Source: https://www.sggp.org.vn/giam-50-le-phi-truoc-ba-doi-voi-o-to-san-xuat-lap-rap-trong-nuoc-post756496.html