Truck Registration Fee 2024: Detailed Update A-Z

As a transportation business owner or an individual truck owner, understanding the truck registration fee regulations is crucial. This is a mandatory fee that you must pay when registering ownership of a truck, an essential part of legally putting the vehicle into operation. This article from Xe Tải Mỹ Đình will provide the most detailed and up-to-date information on truck registration fee regulations in 2024, helping you understand and best prepare for this financial obligation.

The registration fee, also known as the license tax, is an amount of money that the truck buyer must pay to the state agency before completing the vehicle registration procedures. This fee is regulated by the State and is adjusted according to each period, ensuring revenue for the budget and managing vehicle registration activities.

Registration fee is mandatory to be paid to the State when registering a truckRegistration fee is mandatory to be paid to the State when registering a truck

Truck Registration Fee Subjects and Cases of Exemption

To clearly understand the truck registration fee regulations, determining the fee-liable subjects and cases of exemption is very necessary. This helps businesses and individual vehicle owners accurately grasp their financial obligations.

Subjects required to pay the truck registration fee

According to current regulations, the following types of trucks are subject to the registration fee:

  1. Trucks: Including all types of cars designed and used primarily for carrying goods.
  2. Special-purpose trucks: Trucks specifically designed to serve a specialized purpose, such as crane trucks, dump trucks, refrigerated trucks, garbage trucks, concrete mixer trucks, and similar vehicles.
  3. Semi-trailers, trailers: When registering ownership, semi-trailers and trailers towed by trucks are also subject to the registration fee.
  4. Vehicles similar to trucks: Vehicles with structures and functions similar to trucks may also be subject to fees, depending on the specific provisions of the law.

Accurately determining the type of truck subject to the registration fee helps vehicle owners fulfill their financial obligations when registering the vehicle.

Illustration of popular truck types on the market todayIllustration of popular truck types on the market today

Cases of truck registration fee exemption

Although the registration fee is mandatory, there are still some cases that are exempt according to the truck registration fee regulations. These exemptions are often intended to support special subjects or specific activities of the State. Here are some common exemptions:

  1. Ambulances, fire trucks, specialized garbage trucks: These vehicles serve public and humanitarian purposes, so they are exempt from the registration fee.
  2. Trucks of diplomatic and consular agencies: Vehicles owned by diplomatic missions, consular representative offices of foreign countries in Vietnam, and vehicles of the heads of these agencies are exempt.
  3. Special-purpose trucks serving national defense and security: Trucks used exclusively for national defense and security purposes are also exempt.
  4. Trucks are business goods of organizations and individuals that have registered for business: If the truck is a commodity that is allowed to be traded and has registered business operations, there is no need to register ownership or use with a competent state agency, then it is exempt from the registration fee.
  5. Shells, frame assemblies, engine assemblies, replacement engine blocks: During the warranty period, if these parts are replaced and must be re-registered, they are also exempt.

Understanding the exemptions helps businesses and individual truck owners optimize costs and comply with the State’s truck registration fee regulations.

Illustration of cases exempt from truck registration fees according to regulationsIllustration of cases exempt from truck registration fees according to regulations

Time to Pay Truck Registration Fee

According to the truck registration fee regulations, the time of payment is an important factor to note. Paying the fee on time helps vehicle owners complete the vehicle registration procedures quickly and avoid unwanted problems.

Typically, the truck registration fee must be paid before the vehicle owner proceeds with the procedure to register ownership or right to use the vehicle at a competent state agency. Specifically, the time of payment usually falls after buying the vehicle and before carrying out the vehicle license plate registration procedure.

Timely payment of the registration fee is a necessary condition for the vehicle registration agency to receive the dossier and proceed with the next steps in the truck registration process.

Current Truck Registration Fee Rates

The truck registration fee rate is prescribed as a percentage (%) multiplied by the asset value used to calculate the registration fee. This rate may vary depending on the type of vehicle and locality. However, according to the current truck registration fee regulations, the fee rate for trucks is usually 2%.

Below is a summary table of registration fee rates for some types of assets for reference, but please note that the truck fee is 2%:

Asset Type Registration Fee Rate
Houses, land 0.5%
Hunting guns, sports guns 2%
Aquatic product fishing and transportation vehicles, waterway transport vehicles 1%
Offshore fishing vessels 0.5%
Cars with fewer than 10 seats (including the driver) 10-15%
Motorcycles First time: 5%, 2nd time+: 1%
All other vehicles (including trucks) 2%

Thus, according to the table above, the registration fee rate for trucks is 2%. However, it should be noted that this fee rate may be adjusted by the Provincial People’s Council to suit the actual conditions in each locality, but must not exceed 50% of the prescribed rate.

Detailed Regulations on the Latest Truck Registration Fee

To accurately calculate the amount of truck registration fee to be paid, the vehicle owner needs to understand the calculation method and the factors affecting the fee rate. The latest truck registration fee regulations are updated in the Government’s Decrees, especially Decree 10/2022/ND-CP and Decree 41/2023/ND-CP.

How to calculate the truck registration fee

The formula for calculating the truck registration fee is prescribed as follows:

Truck Registration Fee = Registration Fee Calculation Price x Registration Fee Rate (%)

Where:

  • Registration Fee Calculation Price: For new trucks, the registration fee calculation price is usually the listed selling price of the manufacturer or the import price (for imported vehicles). For used trucks, the registration fee calculation price is determined based on the remaining value of the vehicle.
  • Registration Fee Rate: For trucks, the current registration fee rate is 2%.

For example, if a new truck has a registration fee calculation price of VND 500 million, then the amount of registration fee to be paid will be: VND 500,000,000 x 2% = VND 10,000,000.

For used trucks, determining the remaining value of the vehicle will be more complex and is usually carried out by the tax authorities based on the vehicle’s usage time and level of depreciation.

Current truck registration fee rates

According to the current truck registration fee regulations, the fee rate is 2%. However, at some times, the Government may issue preferential policies, reducing the registration fee to stimulate the automobile market, including trucks.

For example, according to Decree 41/2023/ND-CP, from July 1, 2023 to the end of December 31, 2023, the registration fee rate for domestically produced and assembled cars (including trucks if they fall into this category) was reduced by 50%. However, this program has now ended. Vehicle owners need to update the latest information from functional agencies to grasp preferential policies (if any) at the time of purchase and vehicle registration.

Toyota Veloz Cross 2023, an example of a domestically produced and assembled car, once enjoyed preferential registration fees (Note: the preferential program may have ended)Toyota Veloz Cross 2023, an example of a domestically produced and assembled car, once enjoyed preferential registration fees (Note: the preferential program may have ended)

Instructions for Paying Truck Registration Fee Online and Offline

Paying the truck registration fee is now more convenient with many different payment methods, including both online and direct.

Paying the truck registration fee online

Paying the truck registration fee online is a form favored by many vehicle owners because of its convenience, speed, and time savings. Below are instructions on how to pay the fee online:

  1. Access the Electronic Portal of the General Department of Taxation: The address of the portal is canhan.gdt.gov.vn.
  2. Declare the registration fee declaration: Select the “Declare and pay taxes electronically” section and carry out the declaration according to the instructions.
  3. Enter truck information: Fill in all the information about the truck, including the quality certificate number, frame number, engine number, vehicle type, vehicle value… The system will automatically query information from the Ministry of Transport to support filling out the declaration.
  4. Compare information: Carefully check the information declared on the electronic declaration with the paper dossier to ensure accuracy.
  5. Submit the declaration and pay the fee: After completing the declaration, submit the declaration and make the registration fee payment online through the supported payment methods (bank card, e-wallet…).
  6. Receive notification: The system will send a notification of receipt of the electronic tax declaration dossier after completion.

Paying the truck registration fee offline

In addition to the online form, vehicle owners can still pay the truck registration fee directly at the tax authorities. The offline fee payment process is as follows:

  1. Prepare the dossier: The dossier for paying the registration fee usually includes: the registration fee declaration, a copy of the vehicle documents (sales invoice, quality certificate…), a copy of the vehicle owner’s ID card/CCCD.
  2. Go to the Sub-Department of Taxation: Go to the Sub-Department of Taxation in the locality where the truck is registered.
  3. Submit the dossier and fee: Submit the dossier and pay the registration fee at the transaction counter of the tax agency.
  4. Receive the receipt: After successfully paying the fee, receive the registration fee payment receipt to complete the vehicle registration procedure.

Choosing the online or offline fee payment method depends on the conditions and preferences of each vehicle owner. However, the online form is increasingly encouraged because of its convenience and speed.

Conclusion

Mastering the truck registration fee regulations is the responsibility and obligation of every vehicle owner. This article has provided an overview and details of the regulations related to truck registration fees, from subjects, calculation methods, fee rates to fee payment procedures. Hopefully, this information will help you feel more confident in the process of registering and putting trucks into business operations legally and effectively.

If you are looking to learn about and own quality truck lines, please contact Xe Tải Mỹ Đình immediately for the best advice and support:

  • Consulting switchboard: 1800 1524 – 0916 001 524
  • Customer Service Email: [email protected]

>> See more:

Tag: truck inspection procedures, truck registration process, truck insurance, truck price

Comments

No comments yet. Why don’t you start the discussion?

Leave a Reply

Your email address will not be published. Required fields are marked *