Automobiles manufactured, assembled domestically shall be officially entitled to a 50% reduction in registration fee from December 1st, 2021 to May 31st, 2022.
Accordingly, customers buying automobiles manufactured, assembled domestically in the period between December 1st, 2021 and May 31st, 2022 shall be entitled to a 50% reduction in registration fee - in other words, they just pay 50% of the registration fee rate regulated at Decree No. 20/2019/ND-CP or registration fee rate regulated by provincial the People's Councils/People's Committees
However, from June 1st, 2020 onwards, Registration fee applicable to automobiles shall be paid according to the earlier rate.
This Decree takes effect from December 1st, 2021 to the end of May 31st, 2022 inclusive.
|Published||Vietlaw's Newsletter No. 537|