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blue-check New regulations on registration fees from March 1st, 2022: Electric cars shall be exempt from first-time registration fee within 3 years

Decree No. 10/2022/ND-CP dated January 15th, 2022 of the Government on Registration Fees
Posted: 17/1/2022 7:10:38 AM | Latest updated: 8/6/2022 1:06:10 PM (GMT+7) | LuatVietnam: 5378 | Vietlaw: 547
VietlawOnline

One of the noticeable policies of the new Decree on registration fee is the application of 0% registration fee within 3 years (from March 1st, 2022) with regard to electric cars registered for the first time. Within the next 2 years (from March 1st, 2025), the first-time registration fee electric cars shall be subject to 50% of the registration fee rate for petrol and oil cars with the same quantity of seats.

However, re-registration fee rate of electric cars shall be 2%, equaling to the re-registration fee rate applied to petrol and oil cars and applied uniformly on a nation-wide scale.

This Decree takes effect from March 1st, 2022.

To abrogate Decree No. 140/2016/ND-CPstatus1 dated October 10th, 2016 and Decree No. 20/2019/ND-CPstatus1 dated February 21st, 2019.

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Effective Date 1-Mar-2022
ExpiredDate Unknown
Published Vietlaw's Newsletter No. 547
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enflag pdficon ND10-15012022CP[EN].pdf
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