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Registration fees for foreign plate car transfer

02/12/2013 16:15:00
VGP – Registration fees applied on foreign number plate automobile membership transfer are 10-15% for the first time.

Question: (A foreigner) I own a car bearing foreign number plate. I want to transfer it to a Vietnamese friend. How much is the registration fee level?

Answer:

Circular No. 140/2013/TT-BTC, amending and supplementing Circular No. 34/2013/TT-BTC, dated March 28, 2013 of the Ministry of Finance guides registration fees.
 
For automobiles bearing diplomatic number plate, foreign number plate and international number plate specified in Clause 2 Article 4 of Decree No. 45/2011/ND-CP transferred to other organizations or individuals in Viet Nam (not under objects specified in Clause 2 Article 4 of Decree No. 45/2011/ND-CP), the transferring organizations or individuals shall do procedures for declaration, submission of import tax, excise tax, and value-added tax in accordance with regulations and payment of the registration fee at the rate for the first time (from 10% to 15%) in accordance with regulations of the People’s Council of provinces and central-affiliated cities.
 
Price to calculate the registration fee for this case shall be defined at time of declaration, submission of the registration fee as prescribed in Article 3 of Circular No. 34/2013/TT-BTC.
 
For automobiles bearing foreign number plate with owners being foreigners (not under objects specified in Clause 2 Article 4 of Decree No. 45/2011/ND-CP), the owners have to declare and submit the registration fee at the rate of the first time upon registering the ownership and use right. When now transferring these assets to other organizations or individuals in Viet Nam, the transferred organizations or individuals the foreigners must declare and submit the registration fee upon registering for the ownership and use right at the rate of 2%.
 
Circular No. 140/2013/TT-BTC officially came into force on December 1, 2013./.
 
By Huong Giang
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