Pickup truck buyers in Hanoi and Ho Chi Minh must pay a license plate fee of up to 20 million VND

According to Circular 60/2023/TT-BTC, from October 22, 2023, semi-truck buyers must pay the fee for issuing a new registration certificate and license plate for the first time, equivalent to a car with less than 9 seats.

Previously, pickup trucks were chosen by many people because the cost of issuing a new registration certificate and issuing a license plate for the first time was somewhat affordable, fluctuating on average 500,000 VND. However, after a period of consultation, the Ministry of Finance recently issued Circular 60/2023/TT-BTC regulating the collection rates, collection, payment, exemption, and management of vehicle registration and license plate fees. motorized road traffic. One of the notable new points in Circular 60/2023/TT-BTC (Circular 60) is the adjustment of the fee for the first issuance of a registration certificate with license plate for pickup trucks.

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Accordingly, from October 22, 2023, when Circular 60 takes effect, the first-time fee for pickup trucks in provinces and cities in Region I will increase from 500,000 VND to 20 million VND. . Thus, the fee for the first issuance of a registration certificate with license plate for pickup trucks will increase up to 40 times, this fee is on par with cars and passenger cars with less than 9 seats.

In addition, the fee for renewing a pickup truck registration certificate in localities in Region II and Region III is applied corresponding to the fee for passenger cars with 9 seats or less with a corresponding fee. 1 million VND and 200 thousand VND respectively. These two areas have unchanged fees compared to the current ones.

The increase in fees for issuing new registration certificates and issuing license plates for the first time for pickup truck users will be 19.5 million VND higher than before from January 22, 2023. In addition, the fee is equal to that of a car, but the expiry date and registration period do not have any new information compared to the present.

In the case of issuing a registration certificate and license plate of a winning car for a new vehicle, the winning organization or individual must pay the fee for issuing a registration certificate and vehicle license plate as follows: Sign and issue certificates and license plates in area I and apply the fee rates in area I; Registering for certificates and license plates in areas II and area III applies the fee rates in area II.

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