How To Register My Car To My Business

Your state province or jurisdiction may have a variety of different registration requirements depending on the nature of your vehicle.

How to register my car to my business. Each state has a tag and title application you must complete to register your vehicle with the state. Contact your insurance company and let them know that you plan to transfer your vehicle s title to the llc. Your vehicle s registration status may also depend on what you use it for such as transporting goods or people for business purposes and how big the vehicle is e g over 8 000 lbs 3 629 kg. Where to get your vehicle registered. Any company vehicles used privately will result in a taxable benefit in kind which is based on the value of the vehicle when it was new not the price you paid for it while you could also be taxed on any fuel costs which are paid for by the company.

Go to your relevant motor vehicle registration authority and submit the following. You can get the application at your local dmv. Be sure that the llc is named as the insured on the policy. If the vehicle meets the standards during certification the certifier will print a registration application form mr2a for the vehicle. For a small fee they will do the legwork for you and send your registration and incorporation papers to you.

Research these entities and contact them. Many business brokers and attorneys operate with the purpose of helping you register your business in any form of your choice. Your identity document id. Take the mr2a and your identification to the registration agent. If you have an outstanding loan on the vehicle contact your lender.

Transferring your personal vehicle transferring your personal vehicle to your small business is often less involved than buying a car from a third party because you will be able to sign both the seller and buyer portions of the registration paperwork. Complete the tag and title application. How to register your vehicle and the cost new registrations kit cars rebuilds radically altered vehicles old and classic vehicles vehicle identification numbers q plates. Fill this out using your business s name and ein to register the vehicle in your business s name. What you ll need to bring.

See a list of acceptable id. After you buy a car you ll need to register it with your local department of motor vehicles dmv secretary of state sos department of revenue dor motor vehicle division mvd or other local entity that sets vehicle regulations in your state. Once you purchase the vehicle your agent will need to know the make model vin odometer reading and more in order to add the vehicle to your policy. Register a used vehicle. The llc may have to purchase a business policy which may have higher premiums than your personal policy.