DECREE

PRESCRIBING REGISTRATION FEES FOR DOMESTICALLY MANUFACTURED AND ASSEMBLED AUTOMOBILES BY DECEMBER 31, 2020

Pursuant to the Law on Organization of Government dated June 19, 2015;

Pursuant to the Law on Fees and Charges dated November 25, 2015;

At the request of the Minister of Finance;

The Government promulgates a Decree prescribing registration fees for domestically manufactured and assembled automobiles until the end of December 31, 2020.

Article 1. Registration fees

Fees for the initial registration of automobiles, trailers or semi-trailers drawn by automobiles and other similar vehicles which are domestically manufactured and assembled are as follows: 

1. For the period from the effective date of this Decree to December 31, 2020 inclusively: The registration fee shall equal 50% of the fee prescribed in the Government’s Decree No. 20/2019/ND-CP dated February 21, 2019 providing amendments to the Government’s Decree No. 140/2016/ND-CP dated October 10, 2016 on registration fees and Resolutions on local registration fees in force of the People's Councils or Decisions local registration fees in force of the provincial People’s Committees.

2. From January 01, 2021 onwards:  The registration fee shall be collected in accordance with the Government’s Decree No. 20/2019/ND-CP dated February 21, 2019 providing amendments to the Government’s Decree No. 140/2016/ND-CP dated October 10, 2016 on registration fees and Resolutions on local registration fees in force of the People's Councils or Decisions local registration fees in force of the provincial People’s Committees.

Article 2. Effect

1. This Decree comes into force from the date on which it is signed to December 31, 2020 inclusively.

2. Ministers, heads of ministerial agencies, heads of the Governmental agencies, Chairpersons of provincial People’s Committees and relevant organizations and individuals shall implement this Decree./.