Reduction of 50% in Vehicle Registration Fees for Domestically Manufactured and Assembled Cars for 3 Months

Nội dung bài viết

On August 29, 2024, the Government issued Decree No. 109/2024/ND-CP, which specifies the registration fee rates for cars, trailers, or semi-trailers towed by cars and similar vehicles manufactured and assembled domestically.

According to Decree No. 109/2024/ND-CP, from September 1, 2024, to November 30, 2024, the registration fees will be reduced to 50% of the rates specified in:

+ Decree No. 10/2022/ND-CP dated January 15, 2022, issued by the Government concerning registration fees;

+ The current resolutions of the People's Councils or the current decisions of the People's Committees of provinces and centrally administered cities regarding the registration fee rates at the local level and any amendments, supplements, or replacements thereof (if applicable).

From December 1, 2024, onwards, the registration fees will revert to the rates specified in Decree No. 10/2022/ND-CP dated January 15, 2022, and any current resolutions of the People's Councils or decisions of the People's Committees of provinces and centrally administered cities regarding local registration fee rates, as well as any amendments, supplements, or replacements thereof (if applicable).

**Previously, the reduction in registration fees for trailers, semi-trailers towed by cars, and similar vehicles manufactured and assembled domestically was implemented under Decree No. 41/2023/ND-CP.

Specifically, from July 1, 2023, to December 31, 2023, i.e., the last 6 months of 2023: The registration fees were set at 50% of the rates specified in Decree No. 10/2022/ND-CP concerning registration fees; current resolutions of the People's Councils or decisions of the People's Committees of provinces and centrally administered cities regarding local registration fee rates, and any amendments, supplements, or replacements thereof (if applicable).

Decree will be effective from September 1, 2024, through November 30, 2024.

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