Decree No. 70/2020/ND-CP fees for domestically manufactured through December 31, 2020

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ATTRIBUTE

Decree No. 70/2020/ND-CP dated June 28, 2020 of the Government prescribing registration fee rates applicable to domestically manufactured and assembled cars through December 31, 2020
Issuing body: GovernmentEffective date:
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Official number:70/2020/ND-CPSigner:Nguyen Xuan Phuc
Type:DecreeExpiry date:
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Issuing date:28/06/2020Effect status:
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Fields:Tax - Fee - Charge

SUMMARY

To reduce 50% of the registration fee for domestically manufactured and assembled cars in 2020

On June 28, 2020, the Government promulgates the Decree No. 70/2020/ND-CP on providing the registration fee rates for domestically manufactured and assembled automobiles until the end of December 31, 2020.

To be specific: From the effective date of this Decree (June 28, 2020), the registration fee rates to be remitted shall be equal 50% of the registration fee rate specified in the Decree No. 20/2019/ND-CP and current Resolutions of the People’s Councils of provinces and centrally run cities or current Decisions of the People’s Committees of provinces and centrally run cities on the registration fee rates.

From 2021, the registration fee rate specified in the Government’s Decree No. 20/2019/ND-CP on amending and supplementing a number of articles of the Decree No. 140/2016/ND-CP on registration fee shall continue to be applied.

This Decree takes effect from the signing date to the end of December 31, 2020.

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Effect status: Known

THE GOVERNMENT

 

THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness

No. 70/2020/ND-CP

 

Hanoi, June 28, 2020

 

DECREE

Prescribing registration fee rates applicable to
domestically manufactured and assembled cars through December 31, 2020
[1]

 

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

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

At the proposal of the Minister of Finance;

The Government promulgates the Decree prescribing registration fee rates applicable to domestically manufactured and assembled cars through December 31, 2020

Article 1. Registration fee rates

The first-time registration fee rate for cars, trailers or semi-trailers pulled by cars and the like which are domestically manufactured and assembled is as follows:

1. From the effective date of this Decree through December 31, 2020: The first-time registration fee rate is 50% of the rate prescribed in the Government’s Decree No. 20/2019/ND-CP of February 21, 2019, amending and supplementing a number of articles of the Government’s Decree No. 140/2016/ND-CP of October 10, 2016, on registration fee, and People’s Councils’ current resolutions or provincial-level People’s Committees’ current decisions on registration fee rates applicable in localities.

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[1] Công Báo Nos 663-664 (06/7/2020)

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