Fuel economy, environmental protection and extreme durability are the reasons why imported electric cars are so popular in Vietnam. Therefore, there are many companies and businesses that want to carry out procedures to import electric cars into the country to serve users. 

1. Policy on importing electric cars to Vietnam

The procedure for importing 100% new electric cars is regulated in the following legal documents:

1. Circular 41/2018/TT-BGTVT of the Minister of Transport
2. Goods licensed to be transported into Vietnam are not on the list of prohibited imports and not on the list of conditional imports according to Decree 187/2013/ND-CP.
3. The process of importing electric cars is carried out like other common goods, besides complying with Article 1 and Article 2 of Circular 25/2010/TTLT/BCT-BGTVT-BTC.

According to the above legal documents, it can be seen that. 100% new electric cars are not on the list of goods banned from import. However, only products that have been registered for quality inspection and declared conformable to regulations can be officially imported.

Goods can only be transported home by sea through international seaports currently operating in our country.

For example, Cai Lan Port – Quang Ninh, Hai Phong, Da Nang, City. HCM and Ba Ria – Vung Tau,…

2. Taxes and fees:

In addition, businesses that want to import electric cars into the country must also fulfill tax and fee obligations according to current regulations. As follows:

• Tax and fee for electric cars imported from ASEAN: 0% if the electric car has a localization rate of 40% or more.
• Tax for electric cars imported from countries outside ASEAN: Previously it was 70 – 80%, but since the Free Trade Agreement signed by Vietnam, this tax rate has gradually decreased to 0% for the following lines. Vehicles with large displacement around 2500cc after 9 to 10 years.
• Import tax is 0% for electric cars imported from ASEAN and from 56 – 74% of vehicle value when imported from other countries.
• Special consumption tax ranges from 11 to 15% depending on each vehicle model.
• Value added tax of 10% is applied to all products.
• Registration fee is 0% for the first 3 years and 50% (compared to the rate for gasoline-powered cars) for the next 2 years.

3. HS Code and Import Tax of 100% new electric cars

Electric car HS code is also known as tax code applied to electric cars imported into our country. According to current regulations, HS codes will be applied to goods based on the specific type of each vehicle model.

The classification process will be performed based on technical documents provided by the enterprise or through inspection results at the Classification Analysis Center of the National Customs Department.

Currently on the market, there are electric cars assigned HS codes as follows:

• HS code group 8702.40: Includes vehicles with electric motors that can carry 10 people or more.
• HS code group 8703.10: Applicable to electric vehicles specifically designed to move easily on snow or on rough golf courses.
• HS code group 8703.89: Assigned to cars that only use electric motors to create driving force.
• HS code group 8702.20: Used for electric cars using compression piston internal combustion engines combined with electric motors to create power.
• HS code group 8702.30: Includes automobile lines that use a combination of piston-type internal combustion engines and electric motors to create power.
• HS code group 87023.10: Code assigned to electric cars specifically designed for use on snow fields and golf courses,…
• HS code group 8703.60: Cars that use a combination of a piston-ignition internal combustion engine and an electric motor that is charged and discharged from an external power source.
• HS code group 8703.70: Used for cars equipped with compression-flow Piston internal combustion engines and electric motors that create motive force for charging and discharging using an external power source.

4. Application for license to import electric cars

In addition to knowing the HS code of the goods to pay taxes and fees, you must also prepare a complete set of documents to apply for a product import license. So what is included in this dossier? Anlita would like to answer below:

1. Application for an electric car import license according to the general form specified in Appendix II, Decree 116/2017/ND-CP.
2. Fully notarized copy of Business Registration Certificate. If you do not have this type of document, you can provide another type of document of equivalent value to ensure compliance.
3. Documents proving that the business currently owns an electric car warranty and maintenance facility that is eligible to be licensed to operate.
4. Certificate of enterprise authorization to represent a company manufacturing products abroad to import electric cars to Vietnam

Please check a few times before submitting this application to avoid possible errors. If you do not fully understand the regulations on product labels. Please contact hotline or hotmail for advice.

5. Register for quality inspection and environmental protection certification

Along with the application for an electric car import license, you must also prepare the following documents to register for product quality inspection and environmental protection certification for imported electric cars:

1. The original electric car quality inspection registration certificate details the frame number, engine number and product manufacturing time.
2. Copies of import documents include commercial invoices, import goods declarations and other equivalent documents.
3. Copies of documents introducing features and technical specifications accompanying the electric car, authenticated by a competent individual or agency.
4. The factory goods inspection sheet is issued by the manufacturing company and clearly states the product information. If you do not have this type of document, you can replace it with a quality certificate from the electric car manufacturer.
5. Documents showing emissions from electric cars are authenticated by authorized individuals or organizations importing goods.
6. Some other documents that need to be submitted: Detailed declaration of goods to be imported into Vietnam and registration of valid and legal imported vehicle specifications.

6. What are the customs clearance conditions, procedures and time limit for quality inspection of imported cars?

Customs clearance is only available for electric passenger cars that have been granted a Certificate of quality, technical safety and environmental protection.

Procedures for checking the quality of imported electric cars must be conducted according to regulations of the Ministry of Transport.

The time to issue a quality certificate for electric cars is no more than 10 days from the end of the motor vehicle inspection process.

7. Procedures for importing 100% new electric cars

After being issued the above two types of documents, you can carry out the procedures to import electric cars with the full set of documents as follows:

1. The customs declaration includes 2 originals and 1 detailed declaration of information about the shipment you want to import into Vietnamese territory.
2. 1 copy of e-commerce invoice to certify that the imported goods have been fully paid by the buyer to the seller. If you do not have this invoice, you can use another document of equivalent value.
3. The bill of lading or transport contract is established by the unit transporting the shipment to be imported. This is the receipt and proof of ownership of the consignor as well as the electric car importer.
4. Car import license from competent authorities.
5. Registration certificate for quality and environmental protection inspection of electric cars.
6. Documents certifying that the importer of goods fully meets the accompanying conditions according to general regulations.
7. Declaration of value of goods to be imported into Vietnam according to the customs authority’s form.
8. Import goods declaration or customs clearance declaration is issued for shipments allowed to be imported into our country.
9. Power of attorney from the electric car manufacturing company to the product importer for you to complete administrative procedures according to regulations.
10. The certificate of conformity to standards and regulations is issued publicly.

8. Conclusion:

Above are all the main contents about the procedure for importing 100% new electric cars, HS code, import tax, VAT and import policy for 100% new electric cars. Hopefully this article will bring you the information you are looking for. Any questions or requests for quotes for microwave oven import procedures services? Please contact our hotline or hotmail for advice.